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Posted 11 December, 2023

BOEING CO appointed new CEO

CEO Change detected for ticker NYSE:BA in a 8-K filed on 11 December, 2023.


  On December 8, 2023, the Board of Directors (the "Board") of The Boeing Company (the "Company") elected Stephanie F. Pope to serve as Executive Vice President and Chief Operating Officer, effective January 1, 2024. Ms. Pope, 51, has served as Executive Vice President; President and Chief Executive Officer, Boeing Global Services since April 2022.  

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Overview of BOEING CO
Industrial Goods • Aerospace Products/Parts
The Boeing Co. is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space, and security systems. It operates through the following segments: Commercial Airplanes (BCA), Defense, Space and Security (BDS), Global Services (BGS), and Boeing Capital (BCC). The Commercial Airplanes segment includes the development, production, and market of commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. The Defense, Space and Security segment refers to the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike, including fighter and combat rotorcraft aircraft and missile systems, global mobility, including tanker, rotorcraft and tilt-rotor aircraft, and airborne surveillance and reconnaissance, including command and control, battle management and airborne anti-submarine aircraft. The Global Services segment provides services to commercial and defense customers. The Boeing Capital segment seeks to ensure that Boeing customers have the financing they need to buy and take delivery of their Boeing product and manages overall financing exposure. The company was founded by William Edward Boeing on July 15, 1916, and is headquartered in Arlington, VA.
Market Cap
$122B
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Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On December 8, 2023, the Board of Directors (the "Board") of The Boeing Company (the "Company") elected Stephanie F. Pope to serve as Executive Vice President and Chief Operating Officer, effective January 1, 2024. Ms. Pope, 51, has served as Executive Vice President; President and Chief Executive Officer, Boeing Global Services since April 2022. She joined Boeing in 1994, and her previous positions include Vice President and Chief Financial Officer of Boeing Commercial Airplanes from December 2020 to March 2022; Vice President and Chief Financial Officer of Boeing Global Services from January 2017 to December 2020; Vice President of Finance and Controller for Boeing Defense, Space & Security from August 2016 to December 2016; and Vice President, Financial Planning & Analysis from February 2013 to July 2016. In connection with her election, Ms. Pope will receive a base salary of $1,200,000 and will have an annual incentive target opportunity of $2,000,000 and a long-term incentive opportunity of $10,000,000, in each case effective as of January 1, 2024. A copy of the Company's related press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.