Investors are zeroing in on Boeing Co’s (NYSE:BA) acquisition of its supplier, Spirit AeroSystems Holdings Inc (NYSE:SPR), and whether it will affect the airplane manufacturer’s ongoing search for a new CEO.
What Happened: The search follows CEO Dave Calhoun‘s announcement in March that he would step down by the end of the year. Potential candidates include Patrick Shanahan, Spirit AeroSystems’ current CEO, Boeing COO Stephanie Pope, and board chair Steve Mollenkopf.
Patrick Shanahan, known for his previous tenure at Boeing where he earned the nickname “Mr. Fix-It,” is considered a significant contender for the CEO position, reported Reuters.
Shanahan took over ...