Boeing Makes Key Organizational, Leadership Changes to Bolster Cross-Company Integration

Boeing announced a series of organizational and leadership changes effective May 1 aimed at aligning enterprise services to current business conditions, streamlining senior leadership roles and responsibilities and preparing for the post-pandemic industry.

The newly formed Enterprise Operations, Finance & Strategy group will be led by Greg Smith, executive vice president of Enterprise Operations and chief financial officer. It’ll consolidate several areas and bring together teams responsible for manufacturing, supply chain and operations, finance, enterprise performance, strategy, enterprise services and administration.

And as a new global organization, the group will focus on operational excellence and consistent lean principles to restore production and supply chain health as Boeing and the aerospace industry recover from the COVID-19 pandemic.

Corporate Audit will join the Enterprise Operations, Finance & Strategy group and continue to report directly to the Boeing Board of Directors Audit Committee. Plus, Jenette Ramos, senior vice president of Manufacturing, Supply Chain & Operations, will bring her 34 years of Boeing experience, leadership and operational skills to a special assignment in support of Smith and Boeing President and CEO David Calhoun.

The company also is combining its legal and core compliance programs, including global trade controls, ethics and business conduct, into a single organization led by Brett Gerry, chief legal officer and executive vice president of global compliance. This move intends to strengthen Boeing’s compliance and internal governance program, and help the company proactively address new legal and compliance obligations related to an increasingly complex global regulatory environment.

In related efforts, Boeing will soon name a chief compliance officer responsible for leading the company’s compliance, ethics and trade control activities.

And finally, Boeing Government Operations, led by Executive Vice President Tim Keating, will assume responsibility for the company’s Global Spectrum Management activities. These activities ensure the safe, efficient and compliant use of radio frequency spectrum in Boeing’s products and operations.

“I am confident these changes will drive greater alignment among our functions; better equip our commercial, defense and space, and services businesses to deliver on customer commitments in a changing marketplace; and support our continuous efforts to develop talent through challenging leadership assignments,” Calhoun said.

Boeing also said Diana Sands, senior vice president of the Office of Internal Governance and Administration, is retiring later this year after nearly 20 years with the company.

Calhoun said he and the Boeing board of directors are deeply grateful for Sands’ leadership, integrity and dedicated service.

“Over the past two decades, Diana has played a key role in developing an industry-leading ethics and compliance program, served in several critical finance roles and been a strong advocate for advancing diversity and inclusion across the company,” Calhoun added.

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