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Boeing’s Leadership Challenges: A New Era for Kelly Ortberg
Taking the helm as Boeing’s new CEO, Kelly Ortberg faced a daunting task from the outset. However, recent developments have made his role even more challenging.
On Wednesday morning, Ortberg addressed investors for the first time, emphasizing that resolving an ongoing strike by Boeing’s largest labor union was crucial for restoring stability to the company’s operations.
As the day progressed, it became evident that a significant majority—nearly two-thirds—of union members had voted against Boeing’s latest contract proposal. This rejection prolongs a strike that has already lasted six weeks and is costing the company approximately $50 million daily. The extended work stoppage not only delays production resumption of most aircraft but also exacerbates existing pressures on its supply chain.
This situation raises questions about Boeing’s ability to navigate its current challenges effectively and what steps will be taken next to address these critical issues.
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