‘Right timing to pass the baton’; Boeing CFO Brian West to step down from role next month

Aircraft manufacturer Boeing confirmed that he resigned from the role of Brian West, Chief Finance Officer, who organized one of the largest capital funds rising in the corporate history of the United States.

“West, who has been working as Boeing CFO for the last four years for the last four years, will continue to work with the company, including helping the upcoming CFO leadership transition,” he said.

At a time when Boeing was faced with the financial crisis, the West was invested to raise the largest capital funds in the history of the US Corporare.

Brian West goes down as Boeing CFO

Brian West will resign as Boeing CFO from the middle of August, and its place is replaced by former Lockheed Martin Corp. The manager Jesus will take the malaga Jay ”.

Plazer, West’s Boeing President and CEO Kelly Ortberg will be the senior advisor, he said.

Since Ortberg played the highest role in Planmer last year, he points out the highest profile personnel key with leadership changes.

Brian West helped a capital compression of Osmang, CEO of Boeing, and a long -standing worker in 2024 to fall into insignificant degrees of possible ratings under the leadership of a slow down slowing down after a close to cat.

Ortberg said on Monday, “It has been the most consequences in the history of Boeing for the past few years, and Brian has successfully guided us during the historical capital increase of last year, and has always provided our team to have resources that will continue to work critical to strengthen safety and quality in our operations.”

In the meantime, Malavel will lead Boeing’s financial strategy, reporting, long -range business planning, investor relations, treasury, controller and audit operations, as well as global real estates and facilities.

‘Right timing’

In an interview with Bloomberg, Brian West said it was ‘right time’ to pass the baton.

Im I felt the right timing to pass the baton, ”he said.

“The balance sheet is much stronger, the operating performance is better, Outlook is very encouraging, West said West added.

Boeing shares increased by 0.3 percent after the closure of the normal trade session in New York, and survived a previous 2.3 percent loss. Stock price increases 18 percent so far this year.

West’s contributions were the key to supporting Boeing’s cash reserves with a sale of $ 24 billion last year. The authority also inspected the auction of the Jeppesen unit and other digital assets of 10.6 billion dollars and added to Stash this year.