Boeing Nominates 2 New Directors

The Boeing Co. has nominated Steve Mollenkopf and Akhil Johri to be elected as directors at the company’s upcoming annual meeting of shareholders.

The board also announced independent directors Edward Liddy and Mike Zafirovski will not stand for re-election and will retire from board service.

“Our announcement today reflects our rigorous succession planning, which ensures we maintain the right balance of skills and experience to effectively govern the company,” said Boeing Chairman Larry Kellner. “We are pleased to welcome Steve and Akhil to the Boeing Board. They are proven leaders at complex, global enterprises and together will bring significant additional safety, engineering, software and financial experience to our board.”

Mollenkopf has served as CEO of Qualcomm Inc. since 2014. He has helped lead the company through the transitions to 3G, 4G and 5G since the beginning of his career as an engineer more than 25 years ago.

Johri served as CFO of United Technologies Corp. from 2015 to 2019. He has held various executive positions of increasing responsibility over his 31-year career at the company and currently serves as an independent director of Cardinal Health.

In announcing the nominations, Kellner also thanked retiring directors Liddy and Zafirovski, saying they had “provided leadership and exemplary service” to the board.

“Serving alongside Ed and Mike on the Boeing Board has been a privilege,” said Boeing President and CEO David Calhoun. “I look forward to benefiting from Steve’s strong leadership skills and deep experience in developing, testing and deploying technologies at scale, and from Akhil’s world-class financial expertise, particularly in relation to the manufacturing of aerospace systems.”

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