Boeing ousts head of troubled space unit after astronauts left stranded, billions in losses
Boeing’s defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022, which executives attributed in large part to cost overruns on
Boeing Defense Chief Exits as New CEO Shakes Up Top Ranks
Boeing Co. ousted the top executive for its defense and space division, in the first major shakeup by Kelly Ortberg since he took over as chief executive officer last month.
Boeing CEO Says Ending Strike 'a Top Priority,' Announces Exit of Space and Defense Unit Leader
The departure of the head of Boeing's defense, space and security subdivision, which posted heavy losses in the most recent quarter, is the first major change of top
Boeing space and defence boss out as new CEO makes his mark
Ted Colbert III, who took over Boeing Defense and Space in 2022, has been temporarily replaced by the division’s chief operating officer Steve Parker while the company looks for his replacement.
Boeing's defense unit chief Colbert is departing, CEO says
Boeing's new CEO Kelly Ortberg said the company's defense unit chief Ted Colbert is leaving Boeing and that a replacement would be named later. The defense unit accounted for about 40% of Boeing's revenue in the first half of the year.
The executive in charge of the division that has 2 astronauts stuck in space is leaving Boeing
Ted Colbert, the head of Boeing's defense, space, and security division is leaving the company effective immediately, CEO Kelly Ortberg announced.
Boeing’s Space and Defense Chief Exits in New CEO’s First Executive Move
(Reuters) - Boeing said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.
Boeing defense chief exits in new CEO's first executive move
Boeing Co. said that Ted Colbert, who oversees its defense and space division, is leaving the company, the first major personnel change by Kelly Ortberg since he took over as chief executive officer last month.
Will Boeing's furlough strategy during the strike ensure its financial stability?
Boeing's CEO says the company will begin furloughs to conserve cash during the strike by union machinists. The furloughs are ...
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A strike by Boeing factory workers shows no signs of ending after its first week
Boeing has started rolling furloughs of nonunion employees as a week-old labor strike by 33,000 union machinists shows no ...
Boeing CEO Kelly Ortberg buys a home in Seattle
The Boeing chief purchased a 3,780-square-foot house in the Broadmoor neighborhood, according to a real estate excise tax ...
Boeing begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'
After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be ...
Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms
Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a ...