Stock: Boeing (BA)Top Management and Board of DirectorsTop ManagementTop Management [Eleven top executives with tenure > 13 yrs]
Board Of DirectorsBoard Of Directors [Four directors with tenure > 5 yrs]
Board Of Directors [Six directors with tenure < 5 yrs]
Profiles of Top ManagementDavid L. CalhounCEO & President Boeing director since: 2009 Professional highlights: President and CEO, The Boeing Company (2020-present) Senior Managing Director and Head of Private Equity Portfolio Operations, The Blackstone Group (2014-2020) Chairman and CEO, Nielsen Holdings plc. (Chairman 2014-2016; CEO 2010-2014) Chairman and CEO, The Nielsen Company B.V. (2006-2014) Vice Chairman, General Electric Company; President and CEO, GE Infrastructure (2005-2006) President and CEO, GE Transportation (aircraft engines and rail) (2003-2005) President and CEO, GE Aircraft Engines (2000-2003) Independent: No Other current public company directorships: Caterpillar Inc. Mr. Calhoun brings a diverse skill set to the Board, including deep and long-standing aviation industry experience as Boeing's President and Chief Executive Officer, former Boeing Chair of the Board and independent Lead Director, and a multi-year tenure as the leader of GE's transportation and aircraft engines businesses. He also brings experience leading businesses through periods of change, having led Nielsen's transformation into a leading global information and measurement company. In addition, Mr. Calhoun brings to Boeing strong leadership and valuable insight and perspective on a wide array of strategic and business matters, stemming from his vast executive, management and operational experience at Blackstone, as well as at Nielsen and GE. Mr. Calhoun's significant global aerospace, manufacturing and high-technology industry expertise, as well as leadership experience on the boards of Caterpillar and Gates Industrial Corporation, position him well to serve on the Board and lead Boeing as President and Chief Executive Officer. Source: Company Website Shareholder Value: Creation of shareholder value in Boeing: Year of appointment: 2009 In the last 10 years the average annualized return to shareholders was 6.8%. The present value of $1,000 (PV1000) invested 10 years ago is now $1,930, a gain of $691 and dividend reinvested of $239. Lawrence W. Kellner Independent Chairman & Director Boeing director since: 2011; Independent Chair (2019-present) Professional highlights: President, Emerald Creek Group, LLC (2010-present) Chairman and CEO, Continental Airlines, Inc. (2004-2009) President and COO, Continental Airlines, Inc. (2003-2004) Independent: Yes Other current public company directorships: None Mr. Kellner brings to the Board extensive airline industry experience developed during his 14 years of service in key leadership positions at Continental Airlines, including Chairman, Chief Executive Officer, Chief Financial Officer and Chief Operating Officer. Mr. Kellner possesses a deep understanding of strategic planning, customer requirements and operational management in the airline industry. As CEO of Continental Airlines, Mr. Kellner led a highly regulated global airline committed to safety through strong training programs, as well as coordination and integration among pilots, civil aviation authorities and other internal and external stakeholders. He also has deep experience in meeting the requirements of numerous safety and regulatory compliance regimes around the world. In addition, Mr. Kellner has detailed finance and accounting knowledge gained principally from his experience as Chief Financial Officer at Continental Airlines and American Savings Bank. Mr. Kellner also brings to the Board corporate governance expertise from his past service as lead director of Marriott, as chairman of Sabre, and on the boards of other Fortune 500 companies. As a result of his leadership experience in the airline industry, his record of independent leadership at Boeing and his distinguished service on other corporate boards, the Board elected Mr. Kellner to serve as Chair of the Board. Mr. Kellner is Chair of the Board and a member of the Aerospace Safety Committee and the Governance & Public Policy Committee. Source: Company Website Shareholder Value: Creation of shareholder value in Boeing: Year of appointment: 2011 In the last 10 years the average annualized return to shareholders was 6.8%. The present value of $1,000 (PV1000) invested 10 years ago is now $1,930, a gain of $691 and dividend reinvested of $239. Leanne Caret Executive Vice President Leanne Caret is executive vice president of The Boeing Company and president and chief executive officer of Defense, Space & Security (BDS). She is a member of Boeing's Executive Council. Named BDS president and CEO in February 2016, Caret leads the $30 billion business that provides integrated solutions to meet the needs of defense, government, space, intelligence and security customers in the United States and around the world. Countries with a major BDS presence include Australia, the United Kingdom, India and Saudi Arabia. Previously, Caret was president of Boeing's Global Services & Support, an industry leader in providing sustainment solutions for Boeing and select non-Boeing platforms. Before that she was chief financial officer and vice president, Finance, for BDS. Earlier she was vice president and general manager, Vertical Lift, responsible for business growth and program execution for a portfolio of cargo, tiltrotor and attack rotorcraft. Caret joined the company in 1988 and has held various program management positions in the defense business. Caret holds a Bachelor of Science degree in Business Administration from Kansas State University and a Master of Business Administration degree from Wichita State University. She also earned certifications from Harvard University in the Program for Leadership Development and the International Security Defense Program, and completed the Integral Leadership Program at the University of Notre Dame. Caret is a member of the St. Louis University board of trustees. She also serves on the council of trustees for the Association of the United States Army, the board of directors for the Center for a New American Security (CNAS), an organization focused on developing national security and defense policies, and the board of directors for the Business-Higher Education Forum, a group of leaders dedicated to creating a highly skilled future workforce. Stanley A. Deal Executive Vice President Stan Deal is executive vice president of The Boeing Company and president and chief executive officer of Boeing Global Services. He is a member of Boeings Executive Council.Deal was named to this position in November 2016 when Boeing announced the establishment of Boeing Global Services as a third business unit of the company, bringing together services capabilities that span the defense, space and commercial sectors. Deal oversaw the formal stand up of Global Services and led its transition into a fully-operational business unit on July 1, 2017. Michael A. Arthur Senior Vice President Sir Michael Arthur was appointed senior vice president of Boeing and president of Boeing International on April 22, 2019. He is a member of the company's Executive Council, reporting to the president and CEO. Arthur is the council's first non-U.S. citizen. Arthur is responsible for the company's international strategy and corporate operations outside the United States, overseeing 18 regional offices in key global markets. His responsibilities include developing the company's growth and productivity initiatives outside the United States, forming new business and industrial partnerships, overseeing international affairs, enhancing Boeing's local presence and providing global functional support. Previously, Arthur was president of Boeing Europe and managing director of Boeing United Kingdom and Ireland. He joined the company in September 2014 to lead Boeing in the United Kingdom and Ireland, and he took on additional responsibilities for Europe in March 2016. In this role, Arthur led the company's European strategy and operations to drive business growth through strengthened regional alignment and improved operating efficiencies. He was also responsible for coordinating all Boeing business activities enterprisewide in the United Kingdom and Ireland. Before joining Boeing, Arthur spent three decades of international government service with the British Diplomatic Service of the Foreign and Commonwealth Office (FCO) followed by three years as a founding member of a United Kingdom-based business consultancy. From 2007 to 2010, he was British ambassador to Germany. Between 2003 and 2007, he was British high commissioner to India. In addition to his Boeing role, Arthur is a nonexecutive director of Diligenta, president of the German British Chamber of Commerce, UK chairman of the Konigswinter Foundation and an association member of Bupa. He has a Bachelor of Arts degree in politics, philosophy and economics from Balliol College, Oxford. After graduating, Arthur held a number of diplomatic posts in New York, Brussels, Paris, Bonn, London and Washington, D.C. These positions included FCO director general, director of resources and principal finance officer for the Diplomatic Service. He was deputy chief of mission in Washington, D.C., during the last two years of the Clinton administration (1999 to 2001). He is fluent in three languages: English, French and German. Brett C. Gerry Chief Legal Officer Brett C. Gerry was named general counsel in May 2019. As head of the Boeing Law Department, Gerry manages a global team of attorneys and paralegals, and serves as the company's principal legal advisor. He is a member of the company's Executive Council, reporting to the president and CEO. Prior to his current role, Gerry served for three years as president of Boeing Japan, based in Tokyo. He was responsible for the development and implementation of the Boeing strategy in Japan, expanding the company's local presence, identifying new business and partnership opportunities, and leading government affairs and corporate citizenship programs. Since joining the company in 2008, Gerry served in senior positions in the Law Department, including as vice president and general counsel for Boeing Commercial Airplanes and prior to that as chief counsel to Boeing's network and space systems businesses. Gerry came to Boeing following several senior positions in the U.S. Department of Justice and the White House. His service at the Department of Justice included roles as chief of staff to U.S. Attorney General Michael Mukasey, acting assistant attorney general supervising the department's Office of Legal Policy, and a member of the leadership team that launched the department's National Security Division, where he served as deputy assistant attorney general. Before that, Gerry was an associate counsel to the president of the United States, in which capacity he worked on national security and intelligence matters. He also worked in private practice at Boston-based Goodwin Procter LLP, and was a law clerk both at the U.S. Court of Appeals for the D.C. Circuit and the U.S. Supreme Court. Gerry earned a bachelor's degree in political science and economics from Colgate University, an M.A. in political science from Yale University and a J.D. from Yale Law School. He has served as an adjunct professor of law at Georgetown University and the University of Washington School of Law; member of the board of directors of the Alliance for Education in Seattle; and chair of the industry advisory board for the University of Washington Law School's Global Business Law initiative. Profiles of Board of DirectorsGitlin David L.Director Professional highlights: Chairman and CEO, Carrier Global Corporation (2021-present) President and CEO, Carrier Global Corporation (2020-2021) President and CEO of Carrier, United Technologies Corporation (2019-2020) President and COO of Collins Aerospace Systems, United Technologies Corporation (2018-2019) President of UTC Aerospace Systems, United Technologies Corporation (2015-2018) Independent: Yes Other current public company directorships: Carrier Global Corporation Mr. Gitlin is a member of the Aerospace Safety Committee and the Finance Committee. Shareholder Value: Creation of shareholder value in Boeing: Year of appointment: 2022 In the last 2 years the average annualized return to shareholders was 1.1%. The present value of $1,000 (PV1000) invested 2 years ago is now $1,022, a gain of $22. Stayce D. Harris Director Boeing director since: 2021 Professional highlights: Inspector General, U.S. Air Force (2017-2019) Assistant Vice Chief of Staff and Director Air Staff, U.S. Air Force (2016-2017) Commander, 22nd Air Force (2014-2016) 747 Pilot, United Airlines (1990-2020 with military leave of absence 2014-2019) Senior Strategist/Air Force Reserve Advisor to Commander, Air Mobility Command and 18th Air Force (2012-2014) Senior Strategist/Air Force Reserve Advisor to Commander, U.S. Africa Command on Reserve Matters (2010-2012) Independent: Yes Other current public company directorships: BlackRock Fixed-Income Mutual Fund Board Lieutenant General Harris brings extensive aerospace and aviation experience to the Board. General Harris is an experienced Boeing 747 pilot, with over 10,000 flight hours safely transporting passengers and cargo worldwide for United Airlines before her retirement in 2020. Her extensive experience as a pilot, together with her deep knowledge of safety protocols and flight procedures, adds to the Board's expertise in aviation safety and provides hands-on familiarity with pilots' and crew interaction with complex aerospace systems, including in particular Boeing aircraft. Before retiring from the Air Force in 2019, General Harris was a United States Air Force Reserve Lieutenant General, serving in several senior roles, including most recently as Inspector General of the Air Force and, before that, the Assistant Vice Chief of Staff of the Air Force. Harris was the first African American woman to command an Air Force operational flying squadron, wing and numbered Air Force. General Harris' military and aviation expertise, extensive leadership experience, and demonstrated record of leading teams with honor and integrity as paramount values all bring significant value to the Board. General Harris's prior experiences also bring to the Board an extensive background and expertise in military, audit and cybersecurity matters. General Harris earned a Bachelor of Science degree in industrial and systems engineering from the University of Southern California and a Master of Aviation Management degree from Embry-Riddle Aeronautical University. General Harris is a member of the Aerospace Safety Committee, the Audit Committee, and the Special Programs Committee. Source: Company Website Ronald A. Williams Director Former Chairman & CEO, Aetna Director since: 2010 Age: 71 Biography Mr. Williams has served as Chairman and Chief Executive Officer of RW2 Enterprises, LLC (consulting) since May 2011. Mr. Williams served as Chairman of Aetna Inc. (managed care and health insurance) from October 2006 to April 2011, having previously served as Chief Executive Officer from February 2006 to November 2010, President from May 2002 to July 2007 and Executive Vice President and Chief of Health Operations from March 2001 to May 2002. Following his retirement in April 2011, he provided consulting services to Aetna until February 2012. Mr. Williams also serves on the boards of American Express Company, Envision Healthcare Holdings, Inc. and Johnson & Johnson. Skills and Experience Mr. Williams brings to our Board significant strategic, leadership, operations and management experience from his tenure at Aetna, including as Chairman and Chief Executive Officer. With more than 25 years of experience in the health care industry, Mr. Williams provides valuable insight into health insurance and employee benefits best practices, as well as the many related areas associated with managing the requirements of companies in industries with large numbers of employees in U.S. and non-U.S. locations. In addition, his service as chairman of the audit and risk committee of American Express has enhanced his expertise in the areas of financial reporting, internal controls and risk management for large, global companies. Mr. Williams also brings corporate governance expertise gained from his service on the boards of other Fortune 100 companies. Shareholder Value: Creation of shareholder value in Boeing: Date of appointment: December 02, 2010 In the last 10 years the average annualized return to shareholders was 6.8%. The present value of $1,000 (PV1000) invested 10 years ago is now $1,930, a gain of $691 and dividend reinvested of $239. David L. Joyce Director Boeing director since: 2021 Professional highlights: Non-Executive Chair, GE Aviation (2020) President and CEO, GE Aviation (2008-2020) Vice Chair, General Electric Company (2016-2020) Independent: Yes Other current public company directorships: None Mr. Joyce brings to the Board vast aerospace, engineering and manufacturing expertise, as well as a demonstrated track record of safety leadership and operational excellence. He developed his in-depth knowledge of the challenges and opportunities facing the aerospace industry at General Electric Company. Mr. Joyce has 40 years of experience at GE Aviation including 12 years of service as President and CEO and four years as Vice Chairman of GE. He began his career at GE as a product engineer spending more than a decade designing and building both military and commercial engines. Mr. Joyce is recognized for his proficiency in product development, product management, and product support founded on an industry-leading safety management system, and focused on the military and airline customers. Mr. Joyce is a member of the National Academy of Engineering and earned both bachelor of science and master's degrees in mechanical engineering from Michigan State University and a master's degree in business finance from Xavier University. Mr. Joyce is Chair of the Aerospace Safety Committee and a member of the Compensation Committee and the Special Programs Committee. Source: Company Website Akhil Johri Director Boeing director since: 2020 Professional highlights: Operating Advisor, Clayton, Dubilier & Rice (2021-Present) Special Advisor to the Chairman and CEO, United Technologies Corporation (2019-2020) Executive Vice President and CFO, United Technologies Corporation (2015-2019) CFO, Pall Corporation (2013-2014) Vice President, Finance and CFO, UTC Propulsion and Aerospace Systems, United Technologies Corporation (2011-2013) Vice President, Financial Planning and Investor Relations, United Technologies Corporation (2009-2011) Independent: Yes Other current public company directorships: Cardinal Health Inc. Mr. Johri brings to the Board extensive aerospace industry expertise from his more than 30 years at United Technologies, as well as critical skills developed while serving as Chief Financial Officer at multiple Fortune 500 companies. These skills enable Mr. Johri to provide critical insights to the Board in areas as diverse as financial strategy, strategic operations, the dynamics of managing a complex, global supply chain, articulating corporate strategy to investors and other stakeholders and mitigating risks associated with the development of new products and services at a large industrial manufacturer. Mr. Johri also brings to the Board unique insights relating to his senior leadership experience at United Technologies, a major supplier to aerospace companies like Boeing. In addition, as an independent director and audit committee member at Cardinal Health, Mr. Johri brings to the Board experience in risk oversight and corporate governance of a large company in a highly regulated industry. In recognition of Mr. Johri's extensive experience in corporate finance and strategic matters, the Board elected him to serve as Chair of the Audit Committee. Mr. Johri is a graduate of the Indian Institute of Management, Ahmedabad, and is a Chartered Accountant. Mr. Johri is Chair of the Audit Committee and a member of the Finance Committee. Source: Company Website Lynn Good Director Ms. Good has served as Chairman since January 2016 and as President and Chief Executive Officer of Duke Energy Corporation (electrical utility) since July 2013. Her prior experience at Duke Energy includes service as Vice Chairman from July 2013 to January 2016 and as Executive Vice President and Chief Financial Officer from July 2009 to June 2013. Ms. Good is a member of the Audit Committee and the Finance Committee. Source: Company Website Steven M. Mollenkopf Independent Director Boeing director since: 2020 Professional highlights: Special Advisor, Qualcomm Incorporated (2021-present) CEO, Qualcomm Incorporated (2014-2021) CEO-elect and President, Qualcomm Incorporated (2013-2014) President and COO, Qualcomm Incorporated (2011-2013) Independent: Yes Other current public company directorships: None Mr. Mollenkopf's experience as the Chief Executive Officer and Chief Operating Officer of Qualcomm, an engineering-driven, high-technology manufacturing company, enables him to bring critical insights to the Board in areas such as engineering leadership, risk management, leading a complex business with a global reach and oversight of large-scale efforts to develop and test new technologies. A long-time engineer who started with Qualcomm over 25 years ago, Mr. Mollenkopf also possesses expertise and direct leadership experience in precision engineering, project management, manufacturing, quality control and designing testing regimes for complex systems. Mr. Mollenkopf is a published IEEE (Institute of Electrical and Electronics Engineers) author and an inventor on 38 patents in areas such as power estimation and measurement, multi-standard transmitters and wireless communication transceiver technology. He holds a bachelor's degree in electrical engineering from Virginia Tech and a master's degree in electrical engineering from the University of Michigan. Mr. Mollenkopf is a member of the Compensation Committee, the Governance & Public Policy Committee, and the Special Programs Committee. Source: Company Website Robert A. Bradway Independent Director Boeing director since: 2016 Professional highlights: Chairman and CEO, Amgen Inc. (Chairman 2013-present; CEO 2012-present) President and COO, Amgen Inc. (2010-2012) Executive Vice President and CFO, Amgen Inc. (2007-2010) Independent: Yes Other current public company directorships: Amgen Inc. Mr. Bradway brings to the Board critical skills in the areas of high technology, product development, financial oversight, product safety, and risk management. His experience as a senior executive in the biotechnology industry, including as Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer of Amgen, provides him with an extensive understanding of the strategic considerations and challenges associated with meeting the requirements of numerous safety and regulatory compliance regimes around the world. In addition, he previously served as a director of Norfolk Southern Corporation, one of the nation's largest railroad transportation companies, where virtually every aspect of operations is heavily regulated and subject to strict safety-related oversight. In recognition of Mr. Bradway's experience in corporate finance, risk management, and executive leadership, the Board elected him to serve as Chair of the Finance Committee. Mr. Bradway is Chair of the Finance Committee and a member of the Governance & Public Policy Committee. Source: Company Website John M. Richardson Independent Director 31st Chief of Naval Operations, U.S. Navy; Former Director of the Naval Nuclear Propulsion Program, U.S. Navy. Admiral Richardson served as the 31st Chief of Naval Operations, U.S. Navy from September 2015 to August 2019. Prior to his service as Chief of Naval Operations, he served as the Director of the Naval Nuclear Propulsion Program, U.S. Navy from November 2012 to August 2015. While serving as Director of Naval Nuclear Propulsion (itself a joint Department of Energy and Department of Navy organization), Admiral Richardson was responsible for the safe and effective operation of more than 90 reactors during their full life-cycle, operating around the world on nuclear-powered warships and at several land-based facilities. Operationally, he served in four nuclear submarines, including commanding the submarine USS Honolulu. In addition, Admiral Richardson evaluated and taught prospective submarine commanding officers, who would be responsible for the lives of their shipmates in extreme environments. His 37-year career with the U.S. Navy also included service in the attack submarine division on the Chief of Naval Operations staff, as naval aide to the President of the United States and as Director of Strategy and Policy at U.S. Joint Forces Command. He also serves on the board of Exelon Corporation. He earned a bachelor of science degree in physics from the U.S. Naval Academy, a master's degree in electrical engineering from the Massachusetts Institute of Technology and Woods Hole Oceanographic Institution and a master's degree in National Security Strategy from the National War College. Admiral Richardson is Chair of the Special Programs Committee and a member of the Aerospace Safety Committee and the Finance Committee. Lynne M. Doughtie Independent Director Ms. Doughtie brings insights and expertise from her extensive experience in the accounting profession and executive experience leading a Big Four public accounting firm. She began her career in KPMG's audit practice in 1985 and held various national, regional, and global leadership roles, including lead partner for several of KPMG's major clients. Ms. Doughtie has had significant exposure to issues facing complex, global companies and has expertise in risk management, internal controls, culture change and regulatory compliance. Ms. Doughtie also previously served on the boards of Catalyst, Inc. and Chief Executives for Corporate Purpose and has been recognized for her leadership in inclusion and diversity and values leadership. Ms. Doughtie's financial expertise, executive leadership experience, risk management and regulatory skills, and experience driving culture change bring significant value to the Board. Ms. Doughtie is a member of the Audit Committee and the Finance Committee. |