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Stock impact report

Glass Lewis recommends investors vote against three Boeing directors, including CEO Calhoun [CNBC]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: CNBC
Dave Calhoun, citing dissatisfaction over the efforts to transform the safety culture at the planemaker. Boeing was not immediately available to comment on the influential advisor's recommendations. Calhoun, who has been a Boeing director since 2009, has said he will step down as CEO of the embattled planemaker at the end of the year. Johri and Joyce serve as chairs of the board's audit and aerospace safety committees, respectively. Boeing is facing heavy scrutiny from airlines, regulators and lawmakers following a Jan. 5 accident when a door plug blew off a brand new 737 MAX 9 jet. The incident has also led to the regulator imposing a cap on production of the MAX jets. In February this year, the head of the U.S. Federal Aviation Administration gave Boeing 90 days to develop a comprehensive plan to address “systemic quality-control issues” after an all-day meeting with Calhoun. “We believe that the board, and in particular the aerospace safety and audit committees, has not a Show less Read more
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