Ortberg was a former CEO at aerospace supplier Rockwell Collins. He will succeed Dave Calhoun as CEO of Boeing on Aug. 8.
ARLINGTON, Va. — Boeing lost more than $1.4 billion in the second quarter and said a longtime industry executive will take over as chief executive of the troubled aircraft manufacturer next week.
Robert “Kelly” Ortberg, 64, a former CEO at aerospace supplier Rockwell Collins, will succeed David Calhoun as CEO, the company said.
Shares rose more than 2% before the opening bell Wednesday.
Boeing’s loss was wider and revenue lower than Wall Street expected. Revenue fell 15% from a year
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