Ailing US airframe maker Boeing today a series of senior management organisational changes in what it said was an attempt to drive greater cross-company integration and preparing for the post-pandemic industry footprint.
The changes are effective May 1 and include the creation of a group called Enterprise Operations, Finance & Strategy which will consolidate several important areas, bringing together teams responsible for manufacturing, supply chain and operations, finance, enterprise performance, strategy, enterprise services and administration.
The new group will be led by Greg Smith, executive vice president, Enterprise Operations, and chief financial officer. This new group will focus on improving the supply chain and understanding how the broader aerospace industry recover from the COVID-19 pandemic.
Corporate Audit will join Smith's new group and continue to report directly to the Boeing Board of Directors Audit Committee as it does today.
Boeing is also combining its legal and core compliance programs, including global trade controls, ethics and business conduct, into a single organization led by Brett Gerry, chief legal officer and executive vice president of Global Compliance.
Finally, Boeing Government Operations, led by executive vice president Tim Keating, will assume responsibility for the company's Global Spectrum Management activities, which ensure the safe, efficient and compliant use of radio frequency spectrum in Boeing products and operations.
"I am confident these changes will drive greater alignment among our functions; better equip our commercial, defence and space, and services businesses to deliver on customer commitments in a changing marketplace; and support our continuous efforts to develop talent through challenging leadership assignments," said chief executive David Calhoun. "
Coinciding with these organization changes, Diana Sands, senior vice president of the Office of Internal Governance and Administration, has decided to retire from Boeing later this year after nearly 20 years with the company and following a thorough transition of responsibilities.