Boeing CEO Dave Calhoun Will Step Down by End of 2024.

Boeing is an American Multinational Company that designs, manufactures, and sells airplanes.

Boeing's CEO Dave Calhoun has decided to leave Boeing.

Boeing in a statement said that CEO Dave has decided to step down by the end of 2024

Boeing was in the news from last January since a door panel blew out of the Boeing 737 Max.

The bolts that keep the panel in place were missing after repair work at the Boeing Factory.

The reason for the CEO stepping down are the various safety incidents that have occurred in the past.

The Federal Aviation Administration (FAA) had recently ordered an audit on Boeing.

Boeing has come under intense scrutiny over its manufacturing process.

Steve Mollenkopf will choose Boeing's next CEO.