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Boeing taps former GE executive Brian West as CFO
June 30 (Reuters) - Boeing Co (BA.N) on Wednesday named former General Electric (GE.N) executive Brian West as its chief financial officer, more than two months after the planemaker announced the surprise retirement of long-time financial head Greg Smith. (www.reuters.com) Más...
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Nothing says progress like key senior management of a company completely 'off the rails' being replaced by former key senior management from a former industry icon that has been completely 'off the rails' for even longer!
2 Peas in a Pod....
I sold my GE stock about ten years ago at the forever stagnant $28.00 bid. That could be called pre Max.
When Boeing sees looming HUGE write-downs on bad investments, they might search for a CFO with a track record of taking such write-downs. Look no farther than GE.
After the red ink has been mopped up, Boeing just might give the mop-wielding CFO a golden parachute !!
After the red ink has been mopped up, Boeing just might give the mop-wielding CFO a golden parachute !!
'touche'
