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Aerospace

Boeing appoints Stephanie Pope to new COO position

Boeing Co (NYSE:BA) has appointed Stephanie Pope to the new role of chief operating officer setting her up as a potential successor for CEO David Calhoun.

Pope has been with Boeing for almost 30 years, most recently serving as president and CEO of Boeing Global Services since April 2022.

The airplane manufacturer said as COO, Pope will oversee the company’s three business units and would report to Calhoun.

A new leader of Boeing Global Services will be announced at a later date, Boeing said.

"Stephanie brings tremendous operational, financial and customer experience to this role, as well as a proven record of performance across our commercial, defense and services business units," Calhoun said.

"Next year will be a significant transitional year in our performance as we continue to restore our operational and financial strength; and Stephanie will help drive the stability and predictability necessary to ensure we deliver on our customer, employee, regulatory, investor and other stakeholder commitments."

Pope is seen as one of the top contenders to take over as Boeing’s CEO once Calhoun chooses to step down.

Calhoun is expected to remain CEO until 2025 to 2026 as the company recovers from safety and pandemic-related financial challenges, according to media reports citing sources with knowledge of the matter.

Boeing shares traded modestly lower in early trade Monday, down 0.3% at US$244.

Contact the author at emily.jarvie@proactiveinvestors.com

Follow her on X, formerly Twitter, @emilyjjarvie

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