Business

New CEO for Boeing’s Commercial Airplanes

Chinese President Xi Jinping, left, and president and CEO of Boeing Commercial Airplanes Ray Conner talk while touring the Boeing assembly line, Sept. 23, 2015, in Everett. Boeing announced Monday that Conner will step down and be replaced by General Electric senior executive Kevin McAllister.
Chinese President Xi Jinping, left, and president and CEO of Boeing Commercial Airplanes Ray Conner talk while touring the Boeing assembly line, Sept. 23, 2015, in Everett. Boeing announced Monday that Conner will step down and be replaced by General Electric senior executive Kevin McAllister. Associated Press file, 2015

Boeing announced Monday that Ray Conner, Boeing Commercial Airplanes chief executive, will step down from that position and be replaced by Kevin McAllister, General Electric senior executive.

Boeing said Conner will continue in his role as Boeing vice chairman through 2017, reporting to company chairman Dennis Muilenburg.

Conner, 61, “will work in the months ahead on a purposeful hand-off … to ensure continuity of operations and customer support,” Boeing said.

He will “remain involved in ongoing product development strategy at Commercial Airplanes and will continue to be based at Longacres,” Boeing said.

Muilenburg appointed Stan Deal, head of the Commercial Airplanes customer services business unit, as president and CEO of a new business unit named Boeing Global Services, which will combine the customer services groups within Boeing’s two main divisions: commercial airplanes and defense, space and security.

McAllister joins Boeing from GE Aviation, where he was president and chief executive officer of GE Aviation Services — an $8-billion business that supported operators of the more than 34,000 GE commercial jet engines.

He is a graduate of the University of Pittsburgh, with a bachelor’s degree in materials engineering.

“With Ray Conner’s retirement timeline in sight and an expanding global services market to pursue, these moves will further strengthen and grow Boeing and better serve our customers, employees, shareholders and other partners in the years ahead,” said Muilenburg. “We are immensely grateful to Ray for his leadership and contributions to Boeing over nearly four decades, and we will continue to rely on his vast experience and keen insights in supporting the leadership and business transitions underway.”

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