Help Wanted at Boeing
The Indicator from Planet Money
NPR
4.7 • 9.5K Ratings
🗓️ 26 March 2024
⏱️ 12 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | NPR. This is the indicator from Planet Money, I'm Waylon Wong. |
| 0:14.7 | And I'm Patty Hirsch. |
| 0:16.0 | Boeing is looking for a new CEO. |
| 0:18.4 | The current boss, Dave Calhoun, announced his resignation yesterday and said he will step down at the end of the year. |
| 0:24.6 | This comes after a series of mishaps at Boeing, culminating in a safety failure on board in Alaska Airlines flight in January, |
| 0:32.4 | when a door plug blew out of one of Boeing 737 |
| 0:36.0 | Max Nine aircraft while the plane was in flight. |
| 0:40.3 | Calhoun lasted just over four years in the CEO seat. |
| 0:43.4 | His predecessor, Dennis Mullenberg, didn't do much better. |
| 0:46.4 | He did five years. |
| 0:47.4 | He was fired in 2019, after two fatal accidents involving the 737 max. Both men were long-time industry employees. |
| 0:56.0 | Moolenburg was an engineer and a Boeing lifer, and Calhoun trains as an accountant and came |
| 1:00.8 | up in General Electric. |
| 1:02.0 | So who will the Boeing Board pick now? |
| 1:04.0 | Candidates will need political skills to deal with |
| 1:08.0 | irritator regulators and customer service acumen to handle airlines that might not be so inclined to buy their |
| 1:14.9 | planes anymore. They'll also need PR chops to handle a wary public. |
| 1:19.6 | How to Choose! On today's show we'll speak to a modern day headhunter, an executive search specialist |
| 1:25.9 | who's worked with companies looking for leaders at this level. |
| 1:29.1 | We'll find out what's on the minds of the people on the board and what they're likely to be looking for in this unique case. |
| 1:35.4 | That's coming up after the break. |
| 1:41.2 | Support for this podcast and the following message come from Wise, the account that helps you manage your money all around the world. |
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