© Reuters. FILE PHOTO: The Boeing brand is pictured on the Latin American Enterprise Aviation Convention & Exhibition truthful at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker/File Photograph
By Eric M. Johnson, David Shepardson and Andrea Shalal
SEATTLE/WASHINGTON (Reuters) – Boeing (NYSE:) Co’s veteran lobbyist and political strategist, Tim Keating, who helped steer the U.S. planemaker via its worst-ever disaster following deadly 737 MAX crashes, has left the corporate, it mentioned on Monday.
An inner memo from Chief Government Dave Calhoun to authorities operations workers, and a separate assertion to media, confirmed Keating’s departure and the seek for a everlasting substitute, however provided no clarification or additional particulars for what gave the impression to be an abrupt exit.
Marc Allen, Boeing’s chief technique officer, would additionally take over Keating’s function till a everlasting substitute is discovered, Calhoun mentioned.
The U.S. planemaker got here beneath intense scrutiny from lawmakers and regulators following deadly crashes of its 737 MAX jetliners in 2018 and 2019. The crashes plunged the corporate into its worst-ever disaster, one long-since compounded by the coronavirus pandemic.
Loren Thompson, a protection advisor with shut ties to Boeing, mentioned Keating had performed a important function in Boeing’s effort to handle a sequence of crises, together with the 737 MAX saga, the lack of a significant protection contract, and the sharp lack of income brought on by the worldwide COVID-19 pandemic.
“Keating won’t have stayed at Boeing so long as he did besides out of a way of duty as a result of the corporate was in dire straits,” Thompson mentioned.
The information was first reported by Protection One.
Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or injury because of reliance on the data together with information, quotes, charts and purchase/promote alerts contained inside this web site. Please be totally knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is without doubt one of the riskiest funding kinds doable.