Shareholders of Boeing Co. (NYSE:BA) are set to vote on the board status of departing CEO Dave Calhoun, adding a twist to the company's annual general meeting (AGM).
What Happened: The vote will take place on Friday, during an AGM where investors are anticipated to seek clarity on the future leadership of the aerospace manufacturer, Reuters reported. The company is currently grappling with a series of crises, including multiple investigations, potential prosecution for past actions, and a decline in production of its best-selling jet.
Former Qualcomm CEO Steve Mollenkopf, who is leading the search for Calhoun's replacement, will make his debut as chairman at the virtual gathering. Calhoun announced his retirement as part of a management shakeup following a mid-air blowout on a new 737 MAX 9 in January.
Proxy advisor Glass Lewis has urged shareholders to vote against the reelection of Calhoun and two other directors to Boeing's board, citing dissatisfaction with efforts to transform the company's safety culture. Meanwhile, proxy advisor ISS has highlighted a misalignment between CEO pay and company performance.
Investors are also eagerly awaiting updates on the selection of Calhoun's successor. Management experts have suggested that the company needs to appoint a new leader by mid-year, as the current leadership lacks the credibility to implement significant changes.
Why It Matters: Boeing's recent developments include regulatory changes, potential legal challenges, and technical indicators that suggest a cautious outlook. The U.S. House of Representatives passed a comprehensive aviation bill aimed at improving air traffic controller staffing, enhancing runway safety and expediting refunds for canceled flights. This legislative push underscores the growing urgency to bolster aviation safety following a series of near-miss incidents and a mid-air emergency involving an Alaska Airlines Boeing 737 MAX 9.
Furthermore, Congress has exempted Boeing 767 Freighter from a 2028 production cutoff, providing a bridge for the company in case express carriers need extra capacity. This exemption, however, could limit the operation of freighters produced between 2028 and 2033 to the domestic U.S. market.
Earlier this year, Calhoun announced his resignation as part of a comprehensive management overhaul as the company seeks to navigate through the 737 Max crisis. The transition in leadership and the upcoming vote on Calhoun's board status are critical for the future of the company.
Price Action: On Thursday, Boeing stocks closed 3.44% higher at $183.08 while it was trading 0.16% lower in the after-market at $182.79, according to Benzinga Pro.
波音公司的股東紐約證券交易所代碼：BA）將對即將離任的首席執行官戴夫·卡爾霍恩的董事會地位進行投票，這爲公司的年度股東大會（AGM）增添了變化。
發生了什麼：路透社報道，投票將於週五的股東周年大會期間舉行，預計投資者將在股東周年大會上尋求澄清這家航空航天製造商的未來領導地位。該公司目前正在努力應對一系列危機，包括多項調查、可能對過去的行爲進行起訴，以及其最暢銷飛機的產量下降。
領導尋找卡爾霍恩接班人的高通前首席執行官史蒂夫·莫倫科普夫將在虛擬會議上以董事長身份首次亮相。卡爾霍恩在1月份新款737 MAX 9的空中井噴後宣佈退休，這是管理層改組的一部分。
代理顧問格拉斯·劉易斯敦促股東投票反對卡爾霍恩和另外兩名董事連任波音董事會，理由是他們對公司安全文化轉型的努力不滿。同時，代理顧問ISS強調了首席執行官薪酬與公司業績之間的不一致。
投資者也熱切地等待着卡爾霍恩繼任者選擇的最新消息。管理專家建議，公司需要在年中之前任命新的領導人，因爲現任領導層缺乏實施重大變革的信譽。
爲何重要：波音最近的發展包括監管變化、潛在的法律挑戰以及表明前景謹慎的技術指標。美國衆議院通過了一項全面的航空法案，旨在改善空中交通管制員的人員配備，加強跑道安全並加快取消航班的退款。這項立法舉措凸顯了在涉及阿拉斯加航空波音737 MAX 9的一系列險些失誤事件和空中緊急情況之後，加強航空安全的緊迫性與日俱增。
此外，國會已將波音767貨機免於2028年的停產，爲該公司提供了橋樑，以防快遞公司需要額外的運力。但是，這項豁免可能會限制2028年至2033年間生產的貨輪在美國國內市場的運營。
今年早些時候，卡爾霍恩宣佈辭職，這是該公司尋求度過737 Max危機的全面管理改革的一部分。領導層的過渡和即將舉行的卡爾霍恩董事會地位投票對公司的未來至關重要。
價格走勢：根據Benzinga Pro的數據，週四，波音股價收盤上漲3.44％，至183.08美元，而盤後交易價格下跌0.16％，至182.79美元。
