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Boeing CEO Kelly Ortberg on $500 billion backlog: This is a story about us getting our act together
Boeing CEO Kelly Ortberg joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the challenges facing the company, how he plans to change the company culture, impact of the ongoing machinists strike,
Boeing’s new CEO says the company will be ‘iconic’ again—even after losing more than $6 billion last quarter
“It will take time to return Boeing to its former legacy but, with the right focus and culture, we can be an iconic company and aerospace leader once again,” Ortberg said in the company’s quarterly statement ahead of its Wednesday earnings report.
Boeing posts staggering $6B loss as CEO calls for ‘fundamental culture change’
CEO Kelly Ortberg said Boeing is now reviewing its businesses and may end up selling some assets, as it downsizes its workforce to focus on civil planemaking and core defense units.
Boeing CEO Kelly Ortberg: We really need to embark on a culture change
Boeing CEO Kelly Ortberg joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the challenges facing the company, how he plans to change the company culture, impact of the ongoing machinists strike,
Boeing CEO says 'trust in our company has eroded,' calls for 'fundamental culture change'
Boeing CEO Kelly Ortberg said on the company's earnings call that "trust in our company has eroded" and the aerospace giant needs a culture change as well as an improved balance sheet.
Boeing CEO says the company must fundamentally change as losses surge
Boeing reported huge quarterly losses Wednesday, as new CEO Kelly Ortberg conceded “it will take time to return Boeing to its former legacy.”
Boeing in Turmoil: CEO Kelly Ortberg Unleashes Bold Turnaround Amid $6 Billion Loss Catastrophe!
Boeing is facing an unprecedented financial crisis as quarterly losses soar to a staggering $6 billion, pushing the company’s annual losses close to $8 billion. In response to this dire situation, newly appointed CEO Kelly Ortberg has unveiled a daring turnaround strategy aimed at salvaging the beleaguered aerospace giant.
Business Insider on MSN
4h
Boeing had a tough 24 hours, but with CEO Kelly Ortberg's turnaround plan, analysts remain hopeful
These poor results largely aligned with Wall Street's predictions, and
Boeing
's stock price dipped only marginally in ...
Bill McEwen
49m
Boeing Workers Resoundingly Reject New Contract and Extend Strike
Boeing’s largest union rejected a second labor contract offer, extending a strike impacting 33,000 workers. Boeing reported a ...
4h
on MSN
Boeing workers vote to reject contract deal, extending strike
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to ...
Business Insider
3h
Boeing's turnaround plan is something any business can relate to: focus on the culture and the work
Boeing
reported a $6.1 billion loss in the third quarter, the latest knock for a company that's faced constant setbacks ...
21h
Boeing CEO remains committed to Spirit AeroSystems purchase amid strike, financial issues
"Just to be clear, there's no change in our commitment to the Spirit acquisition and the integration," Boeing CEO Kelly ...
Reuters
19h
Boeing defense's business is 'core', but struggles abound for new CEO
WASHINGTON, Oct 23 (Reuters) -
Boeing
CEO
Kelly
Ortberg
anticipates the planemaker's defense business will continue to ...
2h
Boeing machinists union reject offer featuring 35% wage increase
Boeing machinists will continue their strikes as union members voted against a new labor deal that included a 35% wage ...
8h
on MSN
Boeing said it's lost another $250 million on the Starliner project
Boeing CEO Kelly Ortberg said a Wednesday earnings call that the company is "going to have to work our way through some of ...
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