Dennis Muilenburg

Boeing dismissed its CEO, Dennis Muilenburg, on Monday morning. He will also leave his position as a member of the board of directors.

The corporation's announcement said Muilenburg's responsibilities would be temporarily assumed by CFO Greg Smith. On January 13, 2020 David Calhoun will take over the CEO post.

The airline's top management has acknowledged that serious safety oversights have been made.
All this was revealed during the testimony of Dennis Muilenburg, US Airline CEO, before the US Parliamentary Committee on Wednesday. He said the company made serious mistakes about a key security system, known as MCAS.

Most U.S. corporate bosses have stayed silent on U.S. President Donald Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House.

U.S. Defense Secretary James Mattis ordered cost-cutting reviews of two major aircraft acquisition programs, the F-35 fighter jet and Boeing Co's next-generation of the Air Force One presidential plane, according to Pentagon memos released on Jan. 27.