"Boeing Faces Intensifying Scrutiny Over Company Culture and Safety Concerns"

A Senate subcommittee is set to hold a hearing to examine Boeing's safety culture, with Melius Research Managing Director Robert Spingarn highlighting cultural issues within the company and the need for significant changes. With Boeing's CEO set to resign at the close of 2024, Spingarn recommends a successor with an engineering background and production floor experience, suggesting names like Pat Shanahan and Gwynne Shotwell. The company's challenges go beyond safety, with a disconnect between the factory floor and executives intensified by the relocation of Boeing's headquarters, according to Spingarn.