Dave Calhoun Became Boeing CEO at the Company's Lowest Point
Dave Calhoun took over as the CEO of Boeing in January 2020 in the midst of two major crises: the crash of two of Boeing's 737 Max aircrafts that led to the grounding of the fleet and an abysmal internal culture that was being discussed in the press and throughout the industry. Calhoun has led the company through a notable turnaround in the past three years, as reflected in the company's earnings and increased demand for its aircrafts. Boeing's Q1 earnings for 2023 grew 30% year over year. In this episode of Leadership Next, Calhoun joins hosts Alan Murray and Michal Lev-Ram to discuss leading Boeing through a difficult and complicated period in its history. He shares what he chose to prioritize in his turnaround efforts and why, including initiating a safety overhaul for Boeing's aircrafts and emphasizing transparency throughout the company. He also discusses how supply chain issues are impacting Boeing and the aerospace industry at large in the face of unprecedented demand, along with his predictions for when the problem may resolve. Additionally, Calhoun shares how working with Jack Welch at G.E. influenced his leadership style, the needs of both Boeing's military and commercial arms, and producing more sustainable aircraft. Leadership Next is powered by Deloitte.