Boeing Holders Vote on CEO-Chairman Split Amid 787 Woes
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Boeing Co., struggling to fix the grounded 787 Dreamliner, must let investors vote on splitting the roles of chief executive officer and chairman to strengthen oversight, the Securities and Exchange Commission said.
The change would let Jim McNerney, who holds the titles now, concentrate on challenges such as production delays that stalled the 787’s debut, according to the proposal. Boeing sought to block a vote, messages to the SEC show.