GE Aviation is actually the shining jewel of the company that makes money.
Newly appointed Chief Executive David Calhoun, 62, was made Boeing’s chairman two months ago in the midst of the crisis that has rocked the company since airliner disasters in Indonesia and Ethiopia led to the grounding of its best-selling 737 MAX. He was chairman of Caterpillar after feds raided its headquarters, ran a GE division that included plane engines after 9/11, and has been a longtime executive at Blackstone private equity
This isn’t his first taste of corporate upheaval.
