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MarketScreener Homepage  >  Equities  >  Nyse  >  Boeing Company (The)    BA

BOEING COMPANY (THE)

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Boeing : communication chief to retire before end of 2019

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11/22/2019 | 02:47pm EST

Amid the company's ongoing struggle to return its 737 Max fleet to the skies, Boeing said Friday its communications chief will leave her post.

Senior Vice President of Communications Ann Toulouse will retire before the end of the year, the company announced.

Toulouse, 61, leaves at a time when Boeing is struggling to regain flyers' faith as it tries to win regulatory approval for a software fix that would return the 737 Max to service.

Toulouse rose to her post on an interim basis last year and the job became permanent a month before the Max fleet was grounded worldwide in March. She reported directly to President and CEO Dennis Muilenburg and also served on Boeing's executive council.

"This past year has been all-consuming and profoundly difficult for all of us at Boeing -- albeit nowhere close to the experience of the families affected by the Max accidents," she said in a statement.

Toulouse will be the second high-ranking female executive to leave the company since the planes were pulled from service. She said the lessons learned from the crashes and getting the plane back in the air will make Boeing a better and safer company.

"As we move into that next phase, I can best serve the company by turning over the role to someone with a fresh perspective," she said.

Boeing said it will name a successor soon.

Copyright 2019 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent., source US Top News

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Financials (USD)
Sales 2019 80 590 M
EBIT 2019 1 988 M
Net income 2019 1 833 M
Debt 2019 17 249 M
Yield 2019 2,33%
P/E ratio 2019 120x
P/E ratio 2020 15,5x
EV / Sales2019 2,60x
EV / Sales2020 1,65x
Capitalization 192 B
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 384,05  $
Last Close Price 341,67  $
Spread / Highest target 52,5%
Spread / Average Target 12,4%
Spread / Lowest Target -15,1%
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Managers
NameTitle
Dennis A. Muilenburg President, Chief Executive Officer & Director
David L. Calhoun Non-Executive Chairman
Jenette E. Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO, EVP-Corporate Development & Strategy
Theodore Colbert Executive Vice President
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