CEO Watch - James McNerney, Boeing Update #1

Boeing CEO, James McNerney, just received another body blow. Yesterday the Seattle Times reported that due to the newly found wing flaw that was first discovered in May Boeing’s 787 Dreamliner would be unable to undergo a test flight in 2009. This information only complicates the ultimate delivery and success of the new plane which Boeing has been relying on to help maintain their lead over their prime competition European Airbus. McNerney may ultimately take the hit for these problems. Stay tuned.

For more:

Daily Tech

CEO Watch - James McNerney, Boeing

Boeing’s CEO James McNerney may be in some trouble. Even though the company announced an increase in earnings greater than what Wall Street expected the continuing difficulties facing the airline manufacturer with regard to its delivery of its 787 Dreamliner model continues to place undue pressure on the CEO’s management status. I would suggest investors keep a close eye on Boeing and its management.

For more:

Chicago Tribune

Seattle Times