Boeing CEO to Step Down at the End of the Year

Boeing CEO Dave Calhoun will step down at the end of the year, the company said in an announcement Monday.

The move comes amid fallout from a high-profile safety failure onboard an Alaska Airlines flight in January, when a door plug blew out of Boeing’s 737 Max 9 aircraft while the plane was in flight.

In a statement on Monday, Calhoun acknowledged the challenges facing Boeing.

Read the source article at ABC News