Business

Boeing fires CEO amid 737 Max crisis

By Spencer Neale, Tim Pearce
Published December 23, 2019 2:16pm ET
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Boeing fires CEO amid 737 Max crisis
Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019. | (Mulugeta Ayene/AP)

Boeing fired CEO Dennis Muilenburg on Monday after a string of malfunctions in Boeing’s 737 Max airliner led to the worst year on record for the plane-maker.

Boeing’s chairman David Calhoun will replace Muilenburg as CEO, the company said. The aircraft company decided to fire Muilenburg after he was unable to pull it out of one of the most tumultuous times in its history.

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