Boeing CEO Resigns as 737 MAX Crisis Escalates

Boeing Chief Executive Officer, Dennis Muilenburg, has resigned as the 737 MAX crisis escalates into the new year; sending shares climbing more than two percent to $335.24, in early trading. The announcement comes as the company announced production of the 737 MAX would temporarily halt in January; as a result of intense scrutiny from aviation regulators, following the two fatal crashes of the type that left 346 people dead. Consequently, Boeing’s Board of Directors has named current Chairman, David L. … Continue reading Boeing CEO Resigns as 737 MAX Crisis Escalates