While these are all important projects for Boeing’s future, the company’s current issue with the 787’s electrical system needs immediate attention. CEO Jim McNerny has presided over the company and the 787 since 2005, with not a lot to show for his tenure but long delays, big cost overruns, and a buggy airplane.
We suggested earlier this week that Ford Motor Co. (NYSE: F) CEO Alan Mullaly, formerly the head of Boeing’s commercial aircraft division, should be on the speed dial of Kenneth Duberstein, the chairman of the company’s governance, organization, and nominating committee. Mullaly is due to retire from Ford in less than two years and Boeing could use his turnaround talents and familiarity with Boeing’s products to get the company back on track.
Boeing’s shares are trading up about 0.2% today at $81.19 in a 52-week range of $66.82 to $81.95.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.