Dennis Muilenburg has resigned as Boeing’s chief executive in a move which the company said was ‘necessary to restore confidence’ in the brand.
There have been calls for Muilenburg to resign in recent months in the wake of two fatal crashes involving Boeing’s 737 Max and friction with regulators in getting the plane back into service.
Boeing’s Max has been grounded since March and is not expected to return to service until early 2020. The grounding has been a major blow for the US planemaker.
Last week, Boeing said it would halt production of the aircraft, which was involved in crashes in Indoneisa and Ethiopia, killing 346 people.
Boeing’s chairman, David Calhoun, will replace Muilenburg as CEO and president.
In a statement, Boeing said: “The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.
“Under the Company's new leadership, Boeing will operate with a renewed commitment to full transparency, including effective and proactive communication with the FAA, other global regulators and its customers.”
Mr Calhoun said: “I strongly believe in the future of Boeing and the 737 MAX. I am honoured to lead this great company and the 150,000 dedicated employees who are working hard to create the future of aviation.”