Former Qualcomm chief Steve Mollenkopf will make his first public appearance as chairman at the virtual gathering. Boeing is dealing with a sprawling crisis...
- Boeing shareholders will vote on Friday whether outgoing CEO Dave Calhoun should remain on the board, adding intrigue to an annual general meeting where investors are expected to seek clarity on future leadership of the planemaker.
"I would think it’s going to be a rougher ride, this AGM," said David Duffy, co-founder and director of the Dublin-based Corporate Governance Institute, in reference to Mollenkopf."Most are institutional investors who want to know, 'Can you give us some sort of commitment you’re going to sort this place out and what you hope to achieve within a certain space of time?' What he says in the AGM is going to be important, not just for investors but passengers.
Investors have also been waiting to hear progress on choosing Calhoun's successor. Management experts said the company needs to find a new leader by mid-year as its current leadership does not have the credibility to make bold changes.
Dave Calhoun Boeing Institutional Investors Tony Bancroft Annual General Meeting CEO Pay Corporate Governance Institute
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