Boeing Names Muilenburg COO to Line Up Cost-Cutting No. 2
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Dennis Muilenburg, whose promotion yesterday put him in line to be Boeing Co.’s next chief executive officer, spent the last four years drafting strategy on the fly as U.S. budget cuts squeezed the $33 billion defense and space unit he headed.
Even as the constraints forced the 49-year-old to slash projects and jobs, he managed to win a lucrative contract for the U.S. Air Force’s aerial refueling tankers. He also found foreign customers for transport planes and fighter jets the Pentagon was no longer buying.