July 2, 2024 – 3:06 AM PDT
CHICAGO (Reuters) – Boeing’s (BA.N) long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems (SPR.N), now shifts the focus of investors to the planemaker’s search for a new CEO.
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Boeing has been looking for a new head after Dave Calhoun said in March he would step down by year-end, in a broad management shakeup following a January mid-air panel blowout on a 737 MAX plane.
Several potential candidates have emerged, including Patrick Shanahan, who has been running Spirit AeroSystems for the past nine months. Other candidates include Boeing’s chief operating officer, Stephanie Pope, and current board chair Steve Mollenkopf.
Regardless of who is named CEO, Shanahan,…
