Boeing CEO to face shareholders for first time since 737 Max crashes


Boeing CEO Dennis Muilenburg on Monday will face the company’s shareholders for the first time since two deadly crashes involving Boeing’s 737 Max aircraft.

The shareholders and Muilenburg will meet at Boeing’s annual shareholder meeting in Chicago. Muilenburg will then hold a news conference following the meeting, according to Reuters.

{mosads}In addition to being CEO, Muilenburg is also Boeing’s chairman and president. Reuters noted that he could be stripped of one of his titles Monday, though Boeing has urged against that.

Protests are expected outside of Monday’s meeting, including from family and friends of Samya Stumo, a 24-year-old American who died when a 737 Max operated by Ethiopian Airlines crashed last month. That crash killed all 157 people on board.

The other crash involving a 737 Max plane, a Lion Air flight in Indonesia last year, killed all 189 people on board. In both crashes, it is suspected that the aircraft’s automated flight control system played a role. 

Boeing has faced pressure to come up with a software fix as well as new training for pilots who fly the 737 Max planes, which have been grounded in the U.S. and across the world since last month.

The crashes also triggered multiple investigations and probes from federal authorities and Congress. 

Boeing said last week that the company was making “steady progress on the path to final certification” for the planes.

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