Boeing CEO Dave Calhoun has announced that he will retire from the company by the end of the year. The decision comes after a scathing FAA report on Boeing’s safety procedures, amid a quality control crisis that has plagued the company. In an interview with CNBC, Calhoun emphasized the need for Boeing to prioritize safety over speed in its manufacturing processes.

Calhoun pointed to an incident involving an Alaska Airlines Boeing 737 Max 9 where a door stopper flew off in the air, causing a hole in the side of the plane. He emphasized the need for Boeing to slow down and allow the supply chain to catch up, rather than prioritizing speed at the expense of safety.

The CEO admitted that Boeing has a “bad habit” of focusing too much on moving products down the line quickly, rather than ensuring product quality the first time. He emphasized the importance of balancing speed with safety and quality control in Boeing’s manufacturing processes.

Calhoun expressed his commitment to resolving these issues and getting Boeing back on track to recovery and stability. He acknowledged that changes need to be made to focus more on safety and quality control, and that this will require slowing down manufacturing processes. He also recognized that there is increased scrutiny over Boeing’s manufacturing practices, with an FAA report highlighting flaws in its safety procedures and culture.

By Samantha Johnson

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