Timing Of Boeing's Management Changes Raises Crisis Leadership Issues [Forbes]
WPP plc American Depositary Shares (WPP)
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Source: Forbes
Boeing's CEO Dave Calhoun acknowledged Wednesday the "seriousness" of safety questions facing the company, as he arrived for Capitol Hill questioning about a near-catastrophic Alaska Airlines incident earlier this month. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) It can be a tough call for boards of directors to know when to make leadership changes at companies that are in the midst of dealing with one or more crisis situations. Today's announcement of major leadership transitions at Boeing adds another headline-making issue to the others the troubled company is facing. ‘Better Late Than Never' “Boeing's management changes are a ‘better late than never' scenario, a path that is always the least desirable for any management team,” Joel Richman , founder and partner at Escalate PR, said via email. “The issues with Boeing's MAX program, which have been ongoing for more than five years, have created a trust gap eternity in an industry where the public's
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Sec Filings
- 4/25/24 - Form 6-K
- 4/5/24 - Form SC
- 4/2/24 - Form 6-K
- WPP's page on the SEC website