The Long Goodbye
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 25 March 2024
⏱️ 27 minutes
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| 0:00.0 | Boeing is making leadership moves and Massimo fancies a spinoff. |
| 0:08.6 | Motley Full Money starts now. Welcome to Motley Full Money. I'm Deedre Willard here with Motley Full analyst |
| 0:24.6 | Jason Moser. Jason, how's your Monday going so far? |
| 0:27.3 | So far, so good, just recovering from a little yard work Sunday, that's the the downside of spring is you know you |
| 0:36.4 | get to get back to that yard work grind but that's okay I'm getting older and it's my |
| 0:40.7 | source of meaningful exercise. |
| 0:43.0 | Awesome. |
| 0:45.0 | Well, someone who may be having an eventful Monday is Boeing CEO Dave Calhoun. |
| 0:51.8 | He announced he's going to be stepping down at the end of |
| 0:53.9 | 2024. It has been a turbulent four years for him in the top spot to say the least. |
| 0:59.5 | That's some other changes to their independent board chair like Kalner. He's stepping down in May. |
| 1:05.1 | Their Commercial Airlines president is retiring. A lot of change, not a big surprise. It seems like change is needed. |
| 1:12.1 | But the question I was curious about is |
| 1:13.9 | Calhoun he announced now but he's not leaving until the end of the year why do you |
| 1:19.3 | think they did that? Well first I just wanted to say I see what you did there with the turbulent, well played. |
| 1:25.0 | I, so I don't know that there's any real rush to get him out the door. |
| 1:32.0 | I mean, it's not really that far ahead, but I mean I also think he probably will leave before that, but it at least gives them the opportunity to the board an opportunity to deliberate and give some real thought |
| 1:47.1 | as to who they want taking over the position here because this really matters. |
| 1:51.5 | I mean this is a very very important |
| 1:53.2 | selection here. Not surprising to see Mr. Calhoun step down. I mean this |
| 2:00.3 | communicates that that there's action being, that the status quo is unacceptable. |
| 2:05.3 | I mean, clearly from passengers to Boeing's customers, right? |
... |
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