CHICAGO, June 28, 2017 /PRNewswire/ -- Boeing [NYSE:
BA] today announced an expansion of the enterprise responsibilities
of Greg Smith, currently the
company's chief financial officer and executive vice president of
Corporate Development & Strategy.
Starting July 1, Smith, 51, will
serve as chief financial officer and executive vice president of
Enterprise Performance & Strategy, adding a range of duties
focused on ensuring strong and consistent business performance,
continued achievements in innovation and corporate functional
excellence.
"This is an evolution of Greg's already substantial and
impactful role within our company," said Boeing Chairman, President
and CEO Dennis Muilenburg. "In
addition to being responsible for financial management, corporate
development and overall company strategy, Greg will oversee and
drive key cross-enterprise performance levers that are critical to
achieving our growth and performance aspirations and to running our
company better and more competitively every day."
Muilenburg added that the planned retirements later this year of
Vice Chairman Ray Conner and Senior
Vice President of Program Management, Integration & Development
Programs Scott Fancher created a window to consolidate a range of
performance-based enterprise efforts under Smith.
Among the responsibilities that will shift to Smith in the
months ahead are oversight of the integration and execution of the
company's new three business unit strategy, which includes the
July 1 launch of Boeing Global
Services; acceleration of company-wide innovation, productivity and
market-based affordability projects; and leadership of a new talent
management system for identifying, developing and deploying general
managers and program managers.
Boeing is the world's largest aerospace company and leading
manufacturer of commercial airplanes and defense, space and
security systems. In addition, Boeing supports airlines and U.S.
and allied government customers in more than 150 countries. The
company's products and tailored services include commercial and
military aircraft, satellites, weapons, electronic and defense
systems, launch systems, advanced information and communication
systems, and performance-based logistics and training. Boeing
employs approximately 145,000 people across the United States and in more than 65
countries. Company revenues for 2016 were $94.6 billion.
Contact:
Bernard Choi
Boeing Communications
(312) 544-2002
bernard.choi@boeing.com
Follow us on Twitter @Boeing
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/boeing-expands-cfo-smiths-role-300480821.html
SOURCE Boeing