Top Job For Boeing's Hyper-Competitive New CEO: Shoring Up Defense Business

June 23, 2015 10:51 PM

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Top Job For Boeing's Hyper-Competitive New CEO: Shoring Up Defense Business

The appointment Tuesday of Dennis A. Muilenburg as the 10th chief executive in Boeing's Boeing's 99-year history will not come as a big surprise to insiders, but he will set a different tone for the world’s biggest aerospace company. For starters, he has spent almost all of his three decades at the company on the defense side of an enterprise that historically has generated the lion’s share of its revenues from commercial transports.

That presumably explains why commercial-airplane head Raymond L. Connor will retain the vice chairman title that he has shared with Muilenburg when the latter gentleman is elevated to CEO on July 1 (outgoing CEO W. James McNerney will remain chairman of the board, probably until the company celebrat...

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