STOCK TITAN

Boeing Announces New International Leaders

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Boeing has appointed Dr. Brendan Nelson as president of Boeing International, effective January 12, 2023. Nelson, previously president of Boeing Australia and New Zealand, succeeds Sir Michael Arthur, who will retire after five decades. In his new role, Nelson will lead international strategy and operations, overseeing 20 regional offices globally and enhancing Boeing's presence in key markets. Maria Fernandez PSM will replace Nelson as president of Boeing Australia. This leadership shift aims to strengthen Boeing's global business and respond to the complexities of the geopolitical landscape.

Positive
  • Brendan Nelson's extensive experience in government and diplomacy enhances Boeing's global strategy.
  • Boeing operates in 65 countries with a supplier network of 20,000, indicating strong international business presence.
Negative
  • None.

LONDON, Dec. 4, 2022 /PRNewswire/ -- Boeing [NYSE: BA] today announced that Dr. Brendan Nelson AO will take over as president of Boeing International (BI) and lead the company's international strategy and corporate operations. The former Australian diplomat and government minister will succeed Sir Michael Arthur when he retires from Boeing in early 2023 after five decades of service in the public and private sectors, including the past four years at the helm of Boeing International.

Nelson, the second non-U.S. citizen to lead the organization, will report to Boeing President and CEO Dave Calhoun and join the company's executive council. The Australian citizen has been president of Boeing Australia, New Zealand and South Pacific since February 2020. He will move to London to take up his new role, effective Jan. 12, 2023.

"Brendan brings to his new position vast experience in government and diplomacy, industry and non-profit associations, that will serve us well as we continue to grow as a global company while navigating the dynamics of the geopolitical environment," said Calhoun.

Since joining Boeing in 2014, Arthur and Boeing International have worked to expand the company's global business in recent years. Boeing now has customers in 150 countries and a worldwide supply chain of 20,000 suppliers and partners. The company operates in 65 different countries, including major operations in Australia, India, the Middle East and United Kingdom, and employs more than 25,000 people outside of the United States who are engaged in design, development, manufacturing, services and support.

"On behalf of our global team, I want to sincerely thank Sir Michael for his tremendous contributions, his tireless service to our customers, employees and industry over the past eight years," added Calhoun.

Nelson will oversee 20 regional offices in key global markets. His responsibilities will include developing the company's growth and productivity initiatives outside the United States, forming new business and industrial partnerships, overseeing international affairs, enhancing Boeing's local presence and providing global functional support.

When he served as Australian Minister of Defence, Nelson oversaw deployments to Iraq, Afghanistan, East Timor and the Solomon Islands. He later served as Australia's ambassador to Belgium, Luxembourg, the European Union and NATO for three years. Nelson is a long-time and passionate advocate of veterans' affairs and prior to joining Boeing in 2020, Nelson was the director of the Australian War Memorial for seven years.

Maria Fernandez PSM will succeed Nelson as president of Boeing Australia, New Zealand and South Pacific effective Dec. 20, 2022. She will be the senior company leader in the Oceania region and board chair of Boeing Australia Holdings. In this role, Fernandez will coordinate Boeing Australia activities, lead government relations and direct the implementation of the company's strategy to expand its local presence and grow the business.

"Maria has had a distinguished career with more than 20 years of leadership experience in the Australian national security sector and was the first woman to lead an Australian intelligence agency. She has the ideal background for this position," said Nelson.

Fernandez has held senior executive positions in Australia's departments of Home Affairs, Defence, Immigration and Border Protection, and Education. Prior to joining Boeing, she ran a consultancy that provided strategic advisory and independent assurance services to Australian government agencies.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.

Contact       
Boeing Media Relations
media@boeing.com 

Cision View original content:https://www.prnewswire.com/news-releases/boeing-announces-new-international-leaders-301692878.html

SOURCE Boeing

FAQ

Who is the new president of Boeing International as of January 2023?

Dr. Brendan Nelson has been appointed as the president of Boeing International, effective January 12, 2023.

Who is succeeding Sir Michael Arthur at Boeing International?

Dr. Brendan Nelson will succeed Sir Michael Arthur, who is retiring.

What will be Dr. Brendan Nelson's responsibilities at Boeing International?

Nelson will oversee international strategy and corporate operations, managing 20 regional offices globally.

When is Maria Fernandez taking over the presidency of Boeing Australia?

Maria Fernandez will succeed Dr. Brendan Nelson as president of Boeing Australia on December 20, 2022.

How many countries does Boeing operate in?

Boeing operates in 65 different countries worldwide.

Boeing Company

NYSE:BA

BA Rankings

BA Latest News

BA Stock Data

134.96B
747.31M
0.1%
55.71%
2.78%
Aerospace & Defense
Aircraft
Link
United States of America
ARLINGTON