Boeing Defense, Space & Security (BDS) has announced that Ted Colbert, the president and CEO, will be leaving the company as it continues to navigate a tumultuous period marked by financial difficulties and increased scrutiny. This departure was communicated to employees on Friday by Boeing’s CEO, Kelly Ortberg, who emphasized the need for the organization to regain the trust of its customers and uphold the high standards expected of them.
In his letter to staff, Ortberg expressed gratitude for Colbert’s 15 years of service at Boeing, acknowledging his contributions in supporting customers, employees, and the community. Steve Parker has been appointed to oversee BDS temporarily until a permanent replacement is appointed.
Boeing has faced numerous challenges recently, particularly with its aircraft and supply chain operations. One notable incident occurred on January 5, when a door plug blew out of a 737 Max 9 aircraft during an Alaska Airlines flight at approximately 15,000 feet. This alarming malfunction prompted a federal investigation, further compounding the pressures on the company.
The troubles extend beyond commercial aviation; Boeing’s Starliner spacecraft, developed for NASA’s Commercial Crew Program, has encountered multiple delays and escalating costs. Initially set for its first crewed launch to the International Space Station (ISS) in June, the Starliner faced significant setbacks when it was forced to return without astronauts Barry “Butch” Wilmore and Sunita “Suni” Williams due to safety concerns regarding its thrusters during re-entry.
The astronauts, who were set to stay aboard the ISS for an extended mission, will now have to wait until next year for their return, as they will travel back on a different spacecraft. This unexpected delay underscores the ongoing challenges Boeing faces in its space exploration endeavors.
In addition to Colbert’s resignation, Boeing’s leadership has seen significant changes amid the company’s ongoing investigations. Both CEO Dave Calhoun and board chairman Larry Kellner have also announced their resignations, signaling a broader leadership shift as Boeing attempts to stabilize and improve its operations.
As Boeing navigates this turbulent landscape, the focus remains on restoring customer trust and addressing the pressing challenges that have plagued the company in recent years. The path forward will require strong leadership and a commitment to overcoming the obstacles that have put Boeing under intense scrutiny.
Read Also: CalPERS CEO Marcie Frost Surpasses $1 Million Compensation Mark
