Boeing Promotes Stephanie Pope to COO, Fueling CEO Succession Speculation
Pope's promotion comes amid Boeing's struggles with manufacturing and supply-chain issues, but the company maintains a large backlog of orders for commercial planes.
- Boeing has promoted Stephanie Pope, the head of its services business, to chief operating officer, effective from Jan. 1, 2024.
- Pope, who has been with Boeing for nearly 30 years, is now considered a potential successor to CEO David Calhoun.
- Industry observers have named Pope and CFO Brian West as potential successors to Calhoun, who has shown no plans to retire soon.
- Boeing has faced manufacturing and supply-chain problems, interrupting production of the Max and the 787 Dreamliner, and setbacks in military programs.
- Despite losing $2.2 billion in the first nine months of 2023, Boeing has a large backlog of orders for commercial planes as airlines seek more fuel-efficient models.