Deals
Incoming Boeing CEO David Calhoun to Resign From Blackstone
- Schwarzman says executive move is ‘important to the country’
- Calhoun was head of private equity portfolio operations
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Incoming Boeing Co. chief David Calhoun plans to leave his post at Blackstone Group Inc. and the private equity giant expects to name a replacement in the coming months, according to a person with knowledge of the matter.
“Putting in place a world-class leader like Dave at the helm of Boeing is good for the company and important to the country,” Blackstone Chairman Steve Schwarzman said Tuesday in a statement. “His experience driving growth across Blackstone’s diverse portfolio speaks to his unusual capabilities as a CEO, which will serve him well in this complex situation.”