Calhoun will continue to direct the company during the remainder of this year (Reuters)

Boeing President and CEO Dave Calhoun announced his intention to step down from his position at the end of 2024, against the backdrop of accidents involving the company's planes, which led to it incurring serious losses.

According to Bloomberg, Calhoun, who was at the helm of the company during the most critical times that the company went through, including the 737 MAX crisis and the related problems that followed, and the Corona virus epidemic crisis, will continue to guide the company during the remainder of the year.

However, the wave of resignations did not end there, as Chairman Larry Kellner informed the Board of Directors that he did not intend to run for re-election at the next annual shareholder meeting, while the Board of Directors elected Steve Mollenkopf to succeed Kellner as Chairman of the Board of Directors.

A United Airlines Boeing plane lost a tire in a previous accident (Reuters)

In addition to these resignations, the company's CEO, Commercial Airplanes, Stan Dale, announced his retirement, leaving the space for Stephanie Pope to fill his position.

These resignations come against the backdrop of repeated accidents involving the company's aircraft, which led to it incurring huge losses, in addition to the ongoing challenges facing Boeing, ranging from supply chain disruptions to changing market dynamics.

Recent incidents involving Boeing aircraft, including an in-flight emergency involving an Alaska Airlines Boeing 737 Max 9 and a runway flight of a Boeing 737 Max operated by United, have raised questions about the company's safety protocols and manufacturing processes.

Source: Al Jazeera + agencies