Boeing shareholders re-elect departing CEO Calhoun to board

Boeing CEO Dave Calhoun speaks briefly with reporters as he arrives for a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC.

Drew Angerer | Getty Images

Boeing shareholders voted to re-elect the outgoing CEO Dave Calhoun to the board of directors, a preliminary tally on Friday showed, as company leaders sought to reassure investors that the manufacturer is on the path to stability amid its latest safety crisis.

Calhoun in March said he will step down by year’s end, months after a door plug panel blew out midflight from a Boeing 737 Max 9, ushering in new scrutiny of the manufacturer’s production and processes.

Boeing’s new chairman, Steve Mollenkopf, told shareholders at the company’s annual meeting that he has consulted with investors and customers on Calhoun’s successor.

This story is developing. Please check back for updates.

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