The Boeing board of directors has elected Dennis A. Muilenburg the company’s tenth chief executive, succeeding W. James (Jim) McNerney Jr, who 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.
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 United States and global customers, partners and stakeholders, including ongoing Washington, engagement. Kenneth M. Duberstein, Boeing’s independent lead director, continues in that capacity, and Muilenburg has been elected a member of the board.
“Dennis is an extremely capable, experienced and respected leader with an immense passion for our company, our people, and our products and services,” said McNerney, who made priorities of succession planning and leadership development at the outset of his tenure.
“As CEO, Dennis will bring a rich combination of management skills, customer focus, business and engineering acumen, a can-do spirit and the will to win. With a deep appreciation of our past accomplishments, and the energy and skill to drive those to come, he is well suited to lead our very talented Boeing team into its second century,” he added.