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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Who Is Jay Malave? Key Facts About Boeing's New CFO And His Journey From Investigating Equal Employment Opportunity Cases To Aerospace Leadership - Boeing (NYSE:BA)
On Monday, Jesus "Jay" Malave was officially announced as Boeing Co.’s (NYSE:BA) incoming Chief Financial Officer, succeeding Brian West. With an impressive background in finance and leadership across major aerospace and defense companies, Malave brings a wealth of experience to the aerospace giant. Here are some key facts about the man now overseeing Boeing’s financial strategy. Background Malave was born to Puerto Rican immigrants in Hartford,…
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Leaning Left2Leaning Right2Center8Last UpdatedBias Distribution67% Center
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67% Center
L 17%
C 67%
R 17%
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