They were all planning on leaving anyway, company claims
The aerospace giant didn't make any definitive statement on the reason for the shakeup, and hasn't responded to questions to that end, though the company has faced its fair share of bad publicity in recent months.
"I have been considering for some time, in discussion with our board of directors, the right time for a CEO transition at Boeing," Calhoun said in the letter."I want to share with you that I have decided this will be my last year as CEO of our great company, and I have notified the board of that decision.", was ostensibly hired to improve safety culture at the company.
It's not clear if Boeing will search outside its own ranks for a new CEO. Both Calhoun and his predecessor, Dennis Muilenberg, were promoted to the position from inside the company.
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