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Boeing CEO Search Said to Last for Months

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From Associated Press

Boeing Co.’s interim chief executive told employees that the process to select a new CEO for the aerospace firm would be “deliberate” and was expected to last for months.

James Bell, who was promoted to acting CEO on March 6 after the ouster of Harry Stonecipher, told Boeing workers in an internal message that “there will be no change in strategy, no reversals of business decisions” during his short tenure.

Boeing’s board named Bell, who also remains chief financial officer, to the interim post after forcing Stonecipher to resign, citing improper behavior related to an affair he had with a female company executive.

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Boeing shares fell $1.71 to $56.77 on the NYSE.

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