The company said Theodore “Ted” Colbert III was removed immediately as president and CEO of Boeing Defense, Space & Security.
ARLINGTON, Va. — Boeing on Friday replaced the head of its troubled defense and space business, which has struggled with money-losing government contracts and embarrassing setbacks involving its Starliner space capsule.
The company said Theodore “Ted” Colbert III was removed immediately as president and CEO of Boeing Defense, Space & Security and replaced temporarily by the division’s chief operating officer, Steve Parker. A search is underway for a permanent replacement.
Colbert spent 15 years at Boeing, serving as chief information officer and leading its global-services
→ Continue reading at KGW TV