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Jim Albaugh Takes Over Tomorrow

Boeing Commercial Airplanes president and CEO resigns

eTN Staff Writer  Aug 31, 2009

Scott Carson, Boeing Commercial Airplanes president and CEO, announced today that he will retire from the company at the end of the year. Boeing chairman, president, and CEO Jim McNerney has named Jim Albaugh to Carson's leadership role at Boeing Commercial Airplanes (BCA), and Dennis Muilenburg, 45, to succeed Albaugh as president and CEO of Boeing Integrated Defense Systems (IDS). Both appointments are effective September 1.

"The Boeing board of directors and I appreciate Scott's long record of accomplishment across many disciplines, functions, and businesses and the enduring contributions he has made to Boeing through 38 years of service," said McNerney. "Thanks to his leadership and operational experience, Boeing Commercial Airplanes has performed extremely well in a tough business environment and remains positioned solidly for continued market success."
McNerney said that Carson and Albaugh will work together to ensure a smooth transition of customer and other business relationships, and that Carson will also assist on special projects for the company through year end.

Albaugh, a 34-year company veteran with extensive experience in development programs and manufacturing, has led Boeing's defense, space, and associated services businesses since 2002. Under his leadership, IDS revenue has grown from US$25 billion to an expected US$34 billion in 2009 and now accounts for roughly half of Boeing's annual sales. Prior to his most recent assignment, he led Boeing's growth in space and communications, including network-centric operations, global missile defense, combat systems, and system-of-systems technologies. He began his career with Rockwell's aerospace and defense businesses, which Boeing acquired in 1996.

"Jim is a seasoned and effective aerospace executive with substantial experience leading and integrating technically complex businesses and programs from initial development through full production and delivery. His program management and engineering focus will help ensure the success of BCA's key development and production programs," McNerney said. "On top of that, as a Washington state native and the leader of more than 9,000 IDS employees working in the Puget Sound region, he is familiar with the people, issues, and programs in the area. He is the ideal leader for BCA at this time," he added.
Muilenburg moves to his new position from Integrated Defense System's Global Services & Support unit, where he served as president of the US$8 billion business that provides global after-delivery support for military platforms and systems, as well as a broad array of defense and government services. Prior assignments include leadership of the Combat Systems Division and Future Combat Systems, the company's development program for the US Army. He also led the overall engineering development of Boeing's program to modernize global air traffic management systems.

"Dennis is ready to step up and lead the IDS team," said McNerney. "His experience in technology integration; track record delivering large-scale programs on time and budget; and work with customers in new, developing markets will help us generate new momentum and long-term growth," he added.

A replacement for Muilenburg will be named at a later date.

Boeing Commercial Airplanes president and CEO resigns
Scott Carson / Image via

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