Inspirato brought in a new CEO and chairman, Payam Zamani, who arrived with a deal for $10 million in equity financing for the struggling luxury vacation club.
31.07.2024 - 15:00 / skift.com / Dave Calhoun
Boeing named Kelly Ortberg, the former CEO of aerospace company Rockwell Collins, as its new president and CEO. He will succeed Dave Calhoun from August 8.
Ortberg started his career in the early 1980s as an engineer at technology firm Texas Instruments. In 1987 he joined Rockwell Collins as a program manager and steadily rose up the corporate ranks. He was appointed its president and CEO in 2013.
After five years at the top of Rockwell Collins, he navigated the business through its integration with United Technologies and RTX. He retired from the firm in 2021.
Steven Mollenkopf, Chair of the Board at Boeing said: “Kelly is an experienced leader who is deeply respected in the aerospace industry, with a well-earned reputation for building strong teams and running complex engineering and manufacturing companies. We look forward to working with him as he leads Boeing through this consequential period in its long history.”
Just days ago, The Air Current first reported that multiple industry officials believed that Ortberg was a serious contender for top spot. Ortberg, along with Spirit Aerosystems CEO Pat Shanahan and Boeing Commercial Airplanes CEO Stephanie Pope were considered to be the final contenders for CEO, according to the report.
In March, Calhoun said he would step down from the company, having served as president and CEO since January 2020 and as a member of its Board of Directors since 2009.
Calhoun was appointed Boeing’s CEO as the plane maker was reeling from the fallout of two fatal crashes with the 737 Max 8. His core mission was to steady the ship and rebuild confidence in the brand.
However, Calhoun’s tenure was not without controversy. His retirement from Boeing formed part of a wider series of senior personnel changes following an incident onboard an Alaska Airlines plane on January 5, when a door plug blew off mid-flight. The accident brought renewed scrutiny to the plane maker and its processes.
Since then, the company has implemented a variety of changes, including increased inspections and slowing down the production of the 737 Max. Earlier this month, Boeing agreed to plead guilty to a federal felony charge related to the Max 8 that would have the company install an independent compliance monitor.
Calhoun’s predecessor, Dennis Muilenburg, was ousted due to the the numerous issues with the 737 Max rollout. During that time, Boeing drew the ire of lawmakers after an employee testified to Congress that the plane maker had ignored safety concerns when building the 737 Max.
Calhoun will serve as a special advisor to the Board of Directors until March 2025.
The news came as Boeing reported its second-quarter results, in which its revenues were down 15%. The plane maker will
Inspirato brought in a new CEO and chairman, Payam Zamani, who arrived with a deal for $10 million in equity financing for the struggling luxury vacation club.
So, Boeing has a new leader.
While most American cities aren’t considered easy to navigate by foot, a recent study by travel insurance experts AllClear ranked one popular Southern city as the most walkable in the country. AllClear examined topographical information for more than 240 cities around the world, taking into account average elevation and range, and assigned each city a score — and ultimately, it was New Orleans that was named the most walkable city in the U.S. and the fourth most walkable city globally.
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This as-told-to essay has been adapted from a conversation with Sophie Rae , a 27-year-old graphic designer and artist, who lives in both Boston and New York City. It has been edited for length and clarity.
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July was a whirlwind — and, well, the news was nonstop. Between politics, that wild global computer fiasco (you know, the one that hit airlines hard) and the Olympics starting, you might have missed some big news on the hotel front.
Skift Global Forum on September 17-19 in New York City is the premier gathering for anyone in the online travel industry, bringing together the brightest minds and leading voices in OTAs and beyond.
Boeing will appoint Robert "Kelly" Ortberg as its new CEO, the company said on Wednesday. The announcement comes months after current CEO Dave Calhoun announced plans to step down by year's end amid a shake-up at the company stemming from its ongoing manufacturing crisis. Ortberg begins Aug. 8.