PIRC advises against re-appointing Muilenburg as Boeing chairman and CEO

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PIRC advises against re-appointing Muilenburg as Boeing chairman and CEO
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Pensions & Investment Research Consultants (PIRC), which advises pension schemes...

FILE PHOTO: Dennis Muilenburg, President, Chairman, and CEO of the Boeing Company, speaks at the George W. Bush Presidential Center's 2019 Forum on Leadership in Dallas, Texas, U.S., April 11, 2019. REUTERS/Jaime R. Carrero

“There should be a clear division of responsibilities at the head of the company between the running of the board and the executive responsibility for the running of the company’s business,” PIRC said. The world’s largest aircraft maker has been battling its biggest crisis in years after its 737 MAX model was grounded worldwide in March following two fatal crashes.

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