Boeing appoints Mullenburg to CEO role

Boeing has named Dennis Muilenburg as its 10th chief executive, succeeding Jim McNerney, who has held the position for the past 10 years. Muilenburg, who has served as Boeing president and chief operating officer since 2013, becomes president and CEO on July 1.
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McNerney, who joined Boeing's board of directors in 2001, continues as its chairman. To ensure a smooth transition of his CEO responsibilities to Muilenburg, he will continue working as a company employee until retiring at the end of February 2016, and continue advocating on issues important to Boeing's U.S. and global customers, partners and stakeholders, including ongoing Washington, D.C., engagement.

Muilenburg (pictured right), 51, is a 30-year company veteran. Along with Boeing Commercial Airplanes President and CEO Ray Conner, he also has served since 2013 as company vice chairman. 
Conner, 60, remains in charge of the $60 billion commercial airplanes unit and will serve as sole company vice chairman, where he will continue working closely with Muilenburg on key corporate processes and integrating cross-enterprise strategies and efficiencies.

"The opportunity to lead the people of Boeing in service to our commercial and government customers is a tremendous honour and responsibility," said Muilenburg. 

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