Boeing deepens strategy cuts


Renewed plan: Chief operating officer Pope is in line to succeed Calhoun as chief executive officer.. — AFP

WASHINGTON: Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, according to sources.

The move is the latest evidence of renewed industrial priorities after Boeing on Monday named Stephanie Pope to the new role of chief operating officer, putting the 51-year-old global services head in line to succeed Dave Calhoun as chief executive officer (CEO).

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