Readers comment on the Boeing Board of Directors handling of the dismissal of the CEO:
Hear, hear Hue! Boeing lost their way. It seems to be a larger management issue or the loss of their primary goal. Safety first. Instead they build a new plane that pilots don’t know how to handle. All they’ve done since the MAX crashes is treat it like a PR problem. I know Boeing employees that are very angry. I hope they find their way.
Indeed. It is disappointing, though, to see that Muilenburg holds a Bachelor’s degree in Aerospace Engineering; this cannot be blamed on an MBA concentrating on profit.
Another:
I suspect the board itself highly profited off the same attention to profit at all costs priorities of the CEO, so in more than one way, they are complicit and simply paying off one of their own. There was a long chain of decisions that lead to this fiasco, not just one.
Possibly. On the other hand, the Wikipedia page on Muilenburg includes this action by the board:
On October 11, 2019, Boeing announced that the board had voted to separate the roles of chairman and chief executive officer, both of which were held by Muilenburg.
Generally, I don’t like to see the CEO holding a board position as well, since that makes the CEO his or her own boss, so at least the Boeing board is making motions of responsibility. Whether they’re honest or not will need to be evaluated in the future.
