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Boeing Extends Mandatory CEO Retirement Age

Boeing Extends Mandatory CEO Retirement Age

Boeing's (NYSE: BA) long-serving chief financial officer will retire this summer, but the aerospace giant is taking steps to make sure CEO Dave Calhoun doesn't quickly follow him out the door. In a statement, Boeing said that Gregory D. Smith, who has served as CFO since 2011, will retire effective July 9. The shuffling comes as Boeing tries to turn the page after a disastrous couple of years.