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Monday, December 23, 2019

How Bad Is The Boeing Death Spiral? Muilenburg Bad!

Boeing just fired Dennis Muilenburg, Its CEO. It was bad when Dennis took the top chair and now he bears the brunt of a sloppy corporate philosophy. Jump out with Boeing money and damn the torpedoes. Now Boeing lets him go and thinks it needs a change before it gets SERIOUS.

CNN Business Reports:


Orlando Sentinal Muilenburg Fall from grace



"Boeing CEO Dennis Muilenburg was ousted on Monday after a tumultuous period in which the company faced a series of setbacks, including two fatal crashes, delays and numerous issues with its 737 Max airplane. Boeing continues to struggle to get its most important product back in the air.
Chairman David Calhoun will take over as CEO, effective January 13, 2020."
Boeing is falling on its sward and this admits to its folly when canning Muilenburg.

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