The continuing crisis over Boeing’s 737 Max jets, which have been grounded in the wake of two crashes that killed a total of 346 people, led to the ouster of the Chicago-based aerospace firm’s CEO on Monday. But the company’s new general counsel is staying put, at least for now.
The resignation of CEO Dennis Muilenburg marks the latest leadership shake-up at the troubled aircraft maker, which reassigned its longtime top lawyer earlier this year. The firm reported $2 billion in losses in the third quarter of 2019 connected to issues with the 737 Max, not counting legal costs and settlements. The Wall Street Journal reported that the company estimates the MAX crisis will cost it $10 billion, but said analysts expect that figure to at least double.
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