Boeing Names New Senior Leaders

Boeing Chairman, President and CEO Dennis Muilenburg has named Kevin G. McAllister president and CEO of Boeing Commercial Airplanes, succeeding company vice chairman Ray Conner in that role. Muilenburg also appointed Stanley A. Deal president and CEO of Boeing Global Services, a new business unit to be formed from the customer services groups within the company's existing commercial airplanes and defense, space and security business units. McAllister joins Boeing from GE Aviation. Deal is a veteran Boeing executive.

Conner will continue to serve as Boeing vice chairman through 2017. He will work closely with McAllister in the months ahead on a purposeful hand-off of customer, supplier, and community and government relationships, and to ensure continuity of operations and customer support. Conner also will provide strategic oversight and guidance for the company's transition to a single integrated services business and remain involved in ongoing product development strategy at Commercial Airplanes.

McAllister joins Boeing after 27 years with GE Aviation, where he served since 2014 as president and CEO of GE Aviation Services. Before that, as vice president and general manager of global sales and marketing since 2008, he was credited with delivering record backlog growth for the nearly $25 billion GE businesses.

Boeing Global Services will bring together core capabilities within Commercial Aviation Services and Boeing Defense, Space & Security's Global Services & Support group. While some defense and commercial customer fleet support will remain within the two existing business units, the new unit will provide a broad portfolio of advanced services and incorporate the capabilities of various Boeing subsidiaries, including Aviall and Jeppesen.

Deal brings three decades of broad aerospace experience to his new leadership role. Since 2014 he has served as senior vice president of Boeing's Commercial Aviation Services business, delivering consecutive years of record performance. Deal joined the company as an engineer on the C-17 military aircraft program and also held senior roles in sales and marketing.

Deal will begin immediately finalizing and executing detailed and deliberate plans to structure and organize the new business while ensuring all near-term customer commitments are met and value is maximized over the long term. He will work closely with vice chairman Conner and Defense, Space & Security president and CEO Leanne Caret during the transition.

Boeing Global Services is slated to begin fully operating as the company's third major business unit by the third quarter of 2017, with a small core headquarters group based in Dallas, where Aviall currently has a sizeable presence. While specific business details and additional leadership assignments will be forthcoming, the vast majority of the work performed by Boeing Global Services is expected to remain at existing locations for the foreseeable future.