Dave Calhoun bows out as chief executive of Boeing

The blowoutMAXMAXMAX of a fuselage panel from a Boeing 737 over Oregon in January was a “watershed moment” for the aircraft’s maker, according to Dave Calhoun, its chief executive. It was also one for Mr Calhoun, who on March 25th announced he would step down as boss at the end of 2024. His departure is part of sweeping management changes that Boeing hopes will finally put an end to years of turbulence at America’s once high-flying aerospace giant.Mr Calhoun was brought in after two deadly crashes involving the 737 , in late 2018 and early 2019. Both disasters were linked to problems with flight-control software and led to the grounding of the entire 737 fleet for 20 months while the software was fixed. Critics alleged that the company was paying too much attention to returning money to shareholders and not enough to engineering.