Home > Practice > Current Affairs > August - 2024 > August 09, 2024
1. Which company appointed Robert “Kelly” Ortberg as its new CEO on August 8, amid significant financial losses and ongoing issues?
Boeing appointed Robert “Kelly” Ortberg as its new CEO on August 8, succeeding David Calhoun. Ortberg, previously the CEO of Rockwell Collins, takes over during a challenging period for Boeing, which is dealing with substantial financial losses, including a $1.4 billion loss in the second quarter, and various safety, production, and legal issues. His appointment is part of Boeing's effort to stabilize and recover from its current difficulties.