City
Epaper

Boeing appoints new chief strategy officer

By IANS | Published: September 18, 2020 10:37 AM

Washington, Sep 18 American airplane giant Boeing has named B. Marc Allen as its new chief strategy officer ...

Open in App

Washington, Sep 18 American airplane giant Boeing has named B. Marc Allen as its new chief strategy officer and senior vice president for strategy and corporate development.

On Thursday, the company also announced Christopher Raymond as the company's chief sustainability officer, a newly created position reporting to Executive Vice President of Enterprise Operations and Chief Financial Officer Greg Smith, reports Xinhua news agency.

Allen, first appointed to the company's Executive Council in 2014 as president of Boeing International, will now take on responsibility for the enterprise's overarching strategy, including long-term planning, global business and corporate development, and strategic investments, acquisitions and divestitures, Boeing said.

Before joining the Executive Council, Allen served in leadership positions across the enterprise as president of Boeing Capital Corporation, president of Boeing China, vice president for Global Law Affairs and general counsel to Boeing International.

"Marc is a creative, inclusive and forward-thinking leader whose strategic vision will help Boeing navigate the challenges facing the global aerospace market and position us for long-term success in the future," Boeing President and CEO David Calhoun said.

As Boeing's first chief sustainability officer, Raymond will be responsible for further advancing Boeing's approach to sustainability that is focused on environmental, social and governance priorities, stakeholder-oriented reporting and company performance, according to Boeing.

Raymond first gained responsibility for Boeing's sustainability strategy in April when his role leading strategy was expanded to integrate corporate development and deepen the company's focus on environmental and social considerations.

The appointments are effective October 1.

As a top US exporter, Boeing employs more than 160,000 people worldwide.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Chris BlackburnGreg smithboeingXinhua
Open in App

Related Stories

BusinessBoeing CEO Dave Calhoun to Step Down Before 2025

NationalWon’t Be Long Before Boeing Makes Aircraft in India, Says PM Modi

InternationalGreece braces for first summer heat wave

PoliticsSudan govt willing to work with all parties to end conflict

InternationalCyprus prepares for emergencies in face of approaching heat wave

Business Realted Stories

BusinessIndia holds talks for closer ties on critical minerals, shrimp farming with Australia

BusinessPaytm announces leadership change to double down on payments & financial services offerings

BusinessRatnagiri cashew industry struggles despite global acclaim

BusinessIndia, Australia review progress on CECA negotiations, discuss way forward for its completion

BusinessCan AI help tablets grow like PCs & smartphones this year?