Boeing CEO Dennis Muilenburg steps down

Boeing CEO Dennis Muilenburg has stepped down as the company is facing tough period following two fatal crashes. He will be replaced by Chairman David Calhoun effective January 13, 2020. He became the CEO of the world’s largest aerospace company in July 2015. The company’s best selling commercial jet was grounded worldwide in March 2019 after two fatal crashes killed 346 people.

Important takeaways for all competitive exams:

  • Headquarters of Boeing: Chicago,  United States.

Source: The Times of India

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