Boeing has promoted Dennis Muilenburg as the successor to Jim McNerney as the company’s chief executive.
Muilenburg, who has been at Boeing for three decades after starting as an engineering intern in 1985, has been president and chief operating officer – or the No.2 behind McNerney – since 2013.
The 51-year-old will commence duties as chief executive on July 1, Boeing said in a statement on Tuesday (US time).
Boeing said McNerney would continue as chairman after stepping down as chief executive until his retirement in February 2016 to ensure a smooth transition.
Muilenburg said he was taking over at a time when Boeing was “financially strong and well positioned in our markets”.
“As we continue to drive the benefits of integrating our enterprise skills, capabilities and experience – what we call operating as ‘One Boeing’ – we will find new and better ways to engage and inspire employees, deliver innovation that drives customer success, and produce results to fuel future growth and prosperity for all our stakeholders,” Muilenburg said in a statement.
Prior to his elevation to president and chief operating officer in 2013, Muilenburg’s roles at Boeing had primarily been in defence-related units. This included being president and chief executive of Boeing Defense Space and Security, as well as president of Boeing’s Global Services and Support and Boeing Combat Systems.
McNerney said Muilenburg would bring a “rich combination of management skills, customer focus, business and engineering acumen, a can-do spirit and the will to win” to the position of chief executive.
“With a deep appreciation of our past accomplishments, and the energy and skill to drive those to come, he is well suited to lead our very talented Boeing team into its second century,” McNerney said.
Boeing celebrates its 100th anniversary in 2016.