Boeing appoints longtime aerospace industry veteran Robert "Kelly" Ortberg as CEO, succeeding David Calhoun amidst financial losses and legal issues, with Ortberg praised for his skills and experience by Boeing Chairman Mollenkopf.
Ortberg emerges as CEO choice as Boeing reports over $1.4 billion loss in Q2, citing broader revenue decline and challenges in commercial airplanes and defense units amidst ongoing troubles related to the 737 Max and increased FAA oversight.
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