Boeing CEO Dave Calhoun: Stepping down was my decision 

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

Boeing in its golden days used to be managed by engineers. Now you have a bunch of businessmen making executive decisions, and that's a big red flag.

His title should have been CIO - Chief Incompetence Officer.

The timing of tarnishing Being is very coincidence when one Airline company is about to replace huge numbers of 737,investigate deeper and identify the culprits who loosen the bolts.

She has seen but never been a part of the daily activities on the floor. Another muppet promoted. Promote an Engineer from the floor.

You're stepping down because you failed.

Ok and how about the whistlebllower who, conveniently and very timely, "committed suicide?"

Boeing: The sound of the wheels falling off the plane youre currently on

Rats leaving a sinking ship ?

He killed people because of his extreme greed.

Tell us details about your exit package?

This is the problem with Boeing, arrogant. There's a failing CEO, speaking about his departure as if it's a victory lap. No accountability, no ownership, no regret, no apologies.

lol "Why now?"

It wasn't his decision, and left with a nice going away present.

He could be a murder of the whistle-blower of Boeing. As a taxpayer, I demand our government agencies FBI, CIA to investigate this guy's potential involvement in the murder.

Was murdering the whistle-blower also your decision?

Chief Executives: where competence goes to die, while pay levels are over 2000 times Ronnie and Rosie Rivetor's.

Accountants and MBAs are running an engineering company. How ridiculous is that???

Airbus has invested significantly in QA that's why they are on top.

Go now!

Until they put engineers in mgmt and board, i have zero faith in boeing.

Running away

Stand down? More like getting away with a nice big pay check. Another one will come, push for quarterly profits, products become garbage. People may or may not die. Rinse and repeat this process.

This is one screwed up company. It went into high gear when they moved headquarters to Chicago.

His name was John Barnett

just admit your incompetence and go ASAP quitely

His head has the aerodynamics of a union boss, well he did run Boeing into the ground like a union boss

«to the financial community about the slowdown in our factory. Our determination to get ahead of that” And how do you intend to get ahead of it? Still doesn’t get it….incredible

Thats a damn shame. This guy was the best CEO AIRBUS could have wished for.....

Board also needs to go. Or it will have more people dying on their airplanes.

Dave is acting pretty defensive in his answers. 🤔.

As Boeing employee things seem to be going in the right direction. Don't knit if bringing in a new ceo is gonna be the right answer. That's the number one problem at Boeing. Pretty much every person in a high position comes from outside Boeing and has no idea what's going on. They need to bring more people up withing the company starting from the bottom up.

TOO LITTLE TOO LATE , garbage .

prosecution ? anyone ?

He had an actual job to do as ceo with responsiblilites and he ran away not the good ole days of short work weeks plqying golf and blaming everyone else circa early 2000s.

Time to cut bait and take that $22 mil/year salary plus stock options for totally failing at turning Boeing around. I swear the best CEO skill set today is selling the BS to the believers.

2:36 Don’t you think he got kicked out because the board met with airline CEOs, Without Dave and asked them to get rid of Dave? He is presenting it as “stepping down” but smells like “forced out”.

The last five years is when Boeing went to crap.

Tightened qc procedures after each work order completed on a plane.

He doesn’t want to go right now, because his stock options and his golden parachute may not be as lucrative if he left now..

with a 50 million dollar golden parachute farewell gift perhaps? 🤮🤮🤮

Jack Welch Jr…..maybe after he retires he too can write a book about how to help ruin a great American company……

Well that's one problem, You still got the Under Influenced Unions. So Same 💩 Different Face?

I can’t stand to look at this guy, let alone listen to him. Regret pulling up this content.

I am so sorry about that Boeing has such poor and foolish leader that he didn't apologize to the people killed by his company's airplanes and he was still trying to argue for his position and he is still playing politics...Why is he fired right immediately?

Nothing to do with me. I am just retiring after wrecking the company

You go to jail

Got out before he was pushed out. He should be ashamed of the way he managed Boeing into a disrespectful mess.

Engineers used to run Boeing. Now the bean counters got in, quality has been compromised.

He should leave immediately. Why wait another 8 months?

Boeing: "It's going to take a whole lot of layoffs to ensure we meet our executive bonuses and positive stock forecasts."

Calhoon has been trying to “fix” the quality problem for years with apparently no result. The way to fix a quality problem is to fire every middle manager on the specific line, and work your way up the chain. Then promote every line worker that brings up a valid quality concern and solution.

If it’s not an airbus , I would not fly, all thanks to you sir😂

He walks away with a paycheck while the engineers and PR has to clean up his mess that he left behind. I believe Boeing can recover from this.

This guy rocked Nielsen with the "rush and burn" mentality before leading Boeing to a failure. I am surprised he wasn't ousted earlier.

He should leave now, and with $0!

The question to ask CEO is: who is your chief safety officer? Does this person report directly to the CEO? What were your safety goals and objectives in the most recent strategic plan? How many employees are employed in a direct safety role? If your company is in any business sector that has the potential to harm people then safety better play a key and prominent role.

Investigate him! Investigate him!

Lies!! The Boeing board extended the retirement age for CEO’s from 65 to 70 in 2021, because Calhoun wanted stay on board for 5 more years as CEO. But now all of a sudden Calhoun is “voluntarily” stepping down, just a week after the airline CEO’s requested to talk to the board WITHOUT Calhoun and Deal? I call BS!

Why we have not seen the episode of "CNBC American Greed: Boeing" even though this has been going on for years and even the whistleblower was killed to not tell the truth of Boeing?!?!?!?!?!?!

Space x rocket never risk its people 😅

CEO’s NEVER lose money when they retire, the ‘consequences’ they pay for poor performance is ridiculous. When you already are rich and have more money than you can spend in a lifetime, multimillion dollar fines have no teeth. Until Boeing sets up an organizational structure with an INDEPENDENT QA, Test and Safety Organization, with a senior executive level position reporting to ONLY the CEO, they will continue to have problems. As long as QA and Test reside under production or engineering, there can be no real change for the better, or path forward. Finally, continuing the woke moves of putting DEI ahead of all other qualifications for leadership positions, will result in continued problems and discontent in the workforce.

well nothing happens for him.. He walks away with millions of dollars. Its only the poor employees who have to undergo the shitstorm at Boeing. 😢😢

Stepping down was my decision.... "...after the board indicated they wanted me out".

Now he has a reason not to be in the office.

Boeing have gone crazy. Avoid this company.

60y old an about $250m dollars rucher

He'll probably leave with millions in severence and no penalties for leaving a key strategic company in ruins for other people to fix.... the American leadership way.

He saves his dignity by leaving and has no shame for what has happened during his Boeing CEO tenure.

he very conveniently stepped down so he wouldnt have to deal with the distasteful contracts ending with the workers' union

He still takes zero accountability for his role in the deaths of 300+ people and the consistent failures his company has had due to him. Slowing down does not fix the problem. They need to get rid of accountants and move back towards actual innovation at the board/ corporate level. Step one should be moving the headquarters back to Seattle, Step two should be the gut the board in the entire corporate office of Boeing, Step three force, the FAA to regulate their products they should decline to self regulate. They have zero interest in fixing this. They are still thinking about the stock price.

I would like to see a new CEO work with Pope to make changes which restore confidence in Boeing Commercial Airplanes. I want to see her succeed. Will the board recognize the need for fundamental changes?

The company should package MAX as a subscription service for airlines because MAX is advanced AI software. The subscription model would scale quality and safety for the MAX. The CEO should stay on for two more years or so.

DC: The plan is to slow down production to fix the issues (I am paraphrasing) Interviewer : You have been in charge since 2010-2011, so why didn't you slow down before? DC: We didn't produce any Max in 2020 HOLD ON! If you already implemented this strategy of slowing down but we are here with the current issues, what will be different this time around? From my perspective, this will be different: he is running away to "retire" (he recently discovered he is turning 68 soon -- okkkkkkkkk) & someone new will be saying those same words while NOTHING will improve because the ISSUE IS NOT SPEED - is SAFETY & Quality control with enough PEOPLE, to not allow the same individuals who do a specific work, to "inspect" & "certify" their own work. This is the most absurd thing I've ever heard, and I have never seen it even in small corporations, so Boeing absolutely has no excuse for that. Something as basic as translating books (which I personally do from time to time) needs 1 person translating & another proofreading to maximize quality. That silly line of "everyone should be able to raise their hands" is EXACTLY what "whistle blowers" did & were either fired or ignored. You do not need people raising their hands. That is REACTIVE. You need qualified people in a proper structure to be vigilant about quality control to avoid issues & manage them when they appear, which is PROACTIVE & professional. Why is this so hard to address? AHHH yesssss... it costs money!! What a joke !

Boeing CEO's/Executives' legacy: Failure to lead and to leave when their leadership failed. By staying in failure, they literally almost bankrupted the company. I want to fly only on Airbuses for the next few years.

This man earns 33 million per year. What an absolute shower! Look at the mess he's created. Should be held financially liable ...

Yep. I'm leaving, my main priority is that me and my exit cash leave on an Airbus.....

Running away from ur failure ! The board should go too ! All must change ! Safety first ! Criminal charge to him n the board! We need engineer not business mind profit ceo! FBI do something don’t just sit ur office

3:09 Yeah, okay. You “talk to customers every day, all day”. It seems like you’re leaving because you’re about to be fired.

“Let’s avoid the question about the whistleblower committing suicide when he was asked by Boeing’s legal team to stay an extra day for questions” 😶

This is the 3rd company that Calhoun and his cronies have destroyed in the name of "shareholder value". I had the misfortune of working at the 2nd of those, Nielsen. It's the same playbook at each one: cut competent staff, then outsource to low-quality firms so you can make the company seem profitable in the short-term based entirely on cutting costs in an unsustainable manner, and finally leave when the s**t starts to hit the fan. Luckily, Nielsen wasn't in a business where people's lives are on the line. I hope no other company hires him, but someone likely will because they only care about money.

I remember Conan O'Brian's speech at a commencement ceremony where he said'" all MBA graduates should be sent directly to prison".

The question is what happened? What happened with the spirit of pride of making airplanes and caring for your customers, now companies only worry about their own interests

I don't care about their millions Im a retired nurse I have a modest adequate income the respect of my community clean conscious of a job well done helping people can sleep at night loving family from the heart proud of my contribution to society these grifters will never have what I have

Translation, "I"m fleeing w/ my $$$ before I get Epsteined."

under Calhoun it got worse , he should go to prison , he was hired to solve the problem ,not make things worse.

This CEO have not learn from the MAX crashes, telling excuses on his retirement making it sound so rosy ahead.

Just saying, Boeing will have more failures, be aware if flying their planes

Have all board members and executives fly on their own Product as a mandated rule. Problem solved.

RIP boeing whistleblower. They killed him.

What a horrible legacy to leave behind. All because of greed.

Time to hire Clemson or Cummins rather than Calhoun or Wright. Best luck.

He will get paid millions. It’s called the golden parachute. 😂

Show the face of the person(s) responsible for the door and the tire.

And he will be invited to be on the board of directors of another fortune 500 company.

This mediocre CEO needs to leave NOW! How does one fail when they have a monopoly in the business?

step down... he should've already went to jail for the loss of lives due to safety failures in their craft

As soon as that Alaska flight pressure sensor came on, you lost your job Mr. Calhoun!

He drank the corporate kool-aid, money over ethical quality. Not sure he sees it yet.

That's quite a PR spin. I'm sure it has nothing to do with the state of the company.