Boeing CEO Dennis Muilenburg vows to see 737 Max crisis through to end


Boeing’s embattled boss said he has considered stepping down in the wake of two deadly crashes but vowed to stay on to lead the planemaker through one of the worst crises in its 103-year history.

Boeing chief Dennis Muilenburg.Credit:Bloomberg

“It’s fair to say I’ve thought about it,” chief executive officer Dennis Muilenburg said about resigning, speaking on Wednesday at a conference. “But to be frank, that’s not what’s in my character.”

The Chicago-based manufacturer has been engulfed in crisis since March, when regulators grounded its best-selling 737 Max after two accidents killed 346 people. The pressure on Muilenburg has mounted as the plane’s anticipated return has slipped from May to the fourth quarter – or beyond – while regulators scrutinise redesigned software for the jet’s flight control system.

The accidents “happened on my watch, and I feel obligated, I feel responsible to stay on it, work with the team to fix it, to see it through,” Muilenburg said at the New York Times Dealbook Conference in New York.



Business

Related posts

Make a comment