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Squawk Pod

Exclusive: Boeing’s Chairman

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2543 Ratings

🗓️ 5 November 2019

⏱️ 48 minutes

🧾️ Download transcript

Summary

The full, exclusive interview with Boeing’s new Chairman, David Calhoun. The aircraft manufacturer stripped CEO Dennis Muilenburg of the Chairman role last month in the wake of the 737 Max tragedies. CNBC’s auto and airline reporter Phil LeBeau has been covering Boeing for 20 years, and he shares his perspective with Katie in a conversation exclusive to Squawk Pod. Plus, private equity pioneer David Rubenstein joins the show from the Greenwich Economic Forum.

Transcript

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0:00.0

Bring in show music please.

0:03.0

This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.

0:08.0

NYC, this is NBC Control 2.

0:10.0

See, NBC's essential morning show.

0:12.0

PCR2. Every day get the best stories, debate, and analysis. see Boeing speaks out. No one was hiding anything.

0:23.1

It was a set of engineering decisions

0:25.7

that ended up being wrong.

0:27.4

Boeing Chairman David Calhoun in an exclusive interview

0:30.0

amid mounting pressure the aftermath of 2737 Max crashes has put on the company.

0:35.4

This airplane will fly and it will be safe.

0:37.9

As well as the CEO.

0:39.3

He is going to experience in his first period.

0:43.0

One of the most difficult situations

0:44.9

any CEO that I've ever known has lived through.

0:48.1

And exclusive to this podcast,

0:50.0

C NBC's auto and aviation reporter Phil LaBoe. The narrative completely got away from them. CN as guest host. Your host on this podcast, that's me,

1:02.8

CNBC producer Katie Kramer. It's Tuesday, November 5th, 2019.

1:06.9

Squag Pod begins right now. So what's your process to hold people accountable to make sure you know this doesn't

1:20.1

happen again?

1:21.1

Senator first of all, my company and I are accountable.

1:27.0

I believe that accountability starts with me.

1:31.0

My board took some recent actions regarding my position, which I fully support and

...

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