Boeing Names its COO and President, Muilenberg, as New CEO

June 23, 2015 11:10 PM

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Boeing Names its COO and President, Muilenberg, as New CEO

NEW YORK (AP) – Boeing CEO Jim McNerney is stepping away from the controls after 10 years.

The aircraft maker said Tuesday that President and Chief Operating Officer Dennis Muilenburg will become its new CEO on July 1. To ease the transition, McNerney will keep working at Boeing until the end of February. He is also remaining chairman of the Chicago-based company.

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