Boeing shrinks and reshuffles its top leadership team, preparing for ‘the post-pandemic industry footprint’
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April 21, 2020 - by Dominic Gates for seattletimes.com
Boeing reduced the size of its top leadership team Tuesday and enlarged the already extensive authority of No. 2 executive Greg Smith.
The changes, driven by new CEO Dave Calhoun, are billed in a company statement as "preparing now for the post-pandemic industry footprint."
In a message to employees this month, Calhoun warned that when the world emerges from the pandemic, the size of the commercial jet market is likely to be significantly smaller.
"We will need to balance the supply and demand accordingly as the industry goes through the recovery process for years to come," he told employees.
This means Boeing will have to cut...
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