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Boeing Appoints New CFO Amid Turnaround Campaign

  • On Monday, Boeing announced Jesus "Jay" Malave will replace Brian West as CFO, effective August 15, 2025.
  • Boeing's leadership change is driven by safety and financial crises, including a 2024 Alaska Airlines 737 MAX incident and a $21 billion capital raise during factory strikes.
  • Fitch upgraded Boeing’s outlook from negative to stable, citing post-strike improvements, while Jefferies praised Malave’s experience and Ortberg lauded West’s leadership in recovery.
  • Boeing's stock rose 0.3% after West became senior adviser, indicating investor confidence amid leadership change.
  • Boeing's new CFO Jesus "Jay" Malave will oversee global financial strategy and planning amid ongoing market challenges, set to start on August 15, 2025.
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Bennington Banner broke the news in on Monday, June 30, 2025.
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