In a surprising turn of events, GE Aerospace's CEO, Larry Culp, has reportedly declined Boeing's request to consider taking the helm of the troubled planemaker, according to a Wall Street Journal report. Culp, a well-respected figure in the industry, was seen as a potential frontrunner to replace Boeing's current CEO, Dave Calhoun.
The news comes as Boeing continues to navigate a period of intense scrutiny following a recent incident with an Alaska Airlines 737 MAX jet. The episode, involving a detached door, has revived concerns about Boeing's safety culture after the highly publicized 737 MAX crashes of 2018 and 2019. Culp's leadership at GE Aerospace, known for its strong safety record, likely made him an attractive candidate for Boeing's board.
While the reasons for Culp's refusal remain undisclosed, it suggests he may be content with his current role at GE Aerospace or perhaps unwilling to take on the challenges Boeing currently faces. Boeing is still grappling with the aftermath of the 737 MAX grounding, along with ongoing efforts to restore public trust and financial stability.
Culp's decision leaves Boeing's search for a new leader ongoing. The company needs a strong figure to steer it through these rough waters and rebuild its reputation for safety. The board will likely continue its search for a suitable candidate who can inspire confidence and navigate Boeing toward a brighter future.