US EditionBoeing Appoints New CFO Amid Turnaround Campaign
SEATTLE, USA, JUN 30 – Jesus Malave, former Lockheed Martin CFO, will lead Boeing's financial strategy during its recovery from safety and production challenges, following a $21 billion capital raise, company said.
- Jesus "Jay" Malave has been appointed as Boeing Co.'s new Chief Financial Officer, succeeding Brian West.
- Malave is expected to lead Boeing during significant global challenges in the aerospace market.
- Boeing shares dropped by 2.34% during regular trading on the day of the announcement.
- The Chief Financial Officer role is increasingly complex, leading to higher demand for top finance leaders, according to CAP.
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69 Articles
Boeing Names Former Lockheed CFO as New Finance Chief
Jesus “Jay” Malave, Lockheed Martin’s chief financial officer, is departing the world’s largest defense contractor for a similar role with rival Boeing, according to a Monday corporate announcement.Malave will take over as CFO at Boeing come Aug. 15, replacing Brian West, who has held that role for the last four years. West, in turn, will become a senior advisor to Boeing CEO Kelly Ortberg.“Jay will become CFO at an important time in helping bui…
Jay Malave appointed as Boeing's new CFO
Jesus “Jay” Malave has been elected to succeed Brian West as the executive vice president and CFO for Boeing, the company announced. Boeing made the transition public Monday, with West becoming a senior advisor to Kelly Ortberg, Boeing’s president and CEO. New Boeing CFO RELATED STORIESBoeing secures more than 300 aircraft orders in May, its largest monthly total since 2023Rantz: Washington Democrats raise your gas taxes today, as prices surge a…
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