Comment

Comment on Boeing withdraws bid for safety exemption for Boeing 737 MAX 7

Deebster@programming.dev ⁨9⁩ ⁨months⁩ ago

Dennis Muilenburg, the CEO during the 737 Max crashes, was an engineer by training:

He received a bachelor’s degree in Aerospace Engineering from Iowa State University, followed by a master’s degree in Aeronautics and Astronautics from the University of Washington.

– Wikipedia

And, of course, even though he put profits ahead of safety and is therefore partially responsible for hundreds of deaths, he walked away with a $62.2 million golden parachute. The incentives are not aligned with safety, aside from how it affects their share price.

source

Sort:hotnew top

winterayars@sh.itjust.works ⁨9⁩ ⁨months⁩ ago
I keep seeing people say this and

The CEO is not alone responsible for the culture, especially when he was only CEO for 4 years

He wasn’t the guy who oversaw the 737 Max development. That would be his predecessor, James McNerney, an MBA.

Obviously Muilenberg didn’t fix everything wrong with the company during his time there, for all i know he made it worse. However, i keep seeing this cited as some kind of own to the critique of modern Boeing and it isn’t. It just isn’t.
source
- Deebster@programming.dev ⁨9⁩ ⁨months⁩ ago
  I was responding to “the bean counters running the company need to be replaced with engineers” by pointing out that the man at the top is, at least by training, an engineer.
  
  Let’s look at the timeline:
  
  1985 - Muilenburg joins Boeing
  
  Aug 2011 - 737 Max announced
  
  Dec 2013 - Muilenburg becomes president of Boeing
  
  July 2015 - Muilenburg becomes CEO of Boeing
  
  Jan 2016 - First 737 Max flight
  
  Mar 2017 - FAA certifies 737 Max
  
  May 2017 - First 737 Max commercial flight
  
  Oct 2018 - Lion Air Flight 610 crashes
  
  Mar 2019 - Ethiopian Airlines Flight 302 crashes
  
  Dec 2019 - Muilenburg resigned
  
  An aerospace analyst writes:
  
  Dennis Muilenburg, whose strategy appears to be to maximize the share price for stockholders, and the executive team that holds stock and options. Having returned nearly $50 billion to shareholders through dividends and stock buybacks over the last five years, rather than invest in new products to better compete with Airbus, Boeing’s market share is falling and, given the aforementioned failures, is losing its reputation for quality and safety.
  
  Are you seriously arguing that a man who is qualified to see the problems and dangers of the 737 Max and then chose to ignore them in favour of pressuring regulators and collecting profits shouldn’t be held responsible? He was in a senior position while the development happened and was in the top stop when it was certified. If the head of the company shouldn’t be held responsible, who should be?
  
  Ignoring his time as president, four years is definitely enough time to see what kind of leader he was, and all of the internal messages coming out show no attempt to change the culture.
  
  source