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Boeing engineer who led development 737 MAX to retire -company memo

By Eric M. Johnson SEATTLE (Reuters) -Boeing Co executive Michael Teal, a top engineer on its 777X program who also oversaw technical development of the 737 MAX program, is set to...
Boeing engineer who led development 737 MAX to retire -company memo © Reuters. FILE PHOTO: The first Boeing 737 MAX 7 is unveiled in Renton, Washington, U.S. February 5, 2018. REUTERS/Jason Redmond/File Photo

By Eric M. Johnson

SEATTLE (Reuters) -Boeing Co executive Michael Teal, a top engineer on its 777X program who also oversaw technical development of the 737 MAX program, is set to retire, according to a company memo seen by Reuters on Friday.

Teal, a 35-year Boeing (NYSE:BA) veteran, was a vice president and chief project engineer during development of the 737 MAX. The plane was grounded for nearly two years starting in 2019 after two fatal crashes.

His last day is April 1, according to the memo.

David Loffing, who has held engineering roles on several different programs including the 747, NMA and 737, has been named as vice president 777X Chief Product Engineer, it said.

The 777X program has been hobbled for years due to certification problems and weak demand for long-haul jets.

The 737 MAX was approved to return to service in late 2020.

Teal was among a number of Boeing executives who testified at U.S. Congress during an investigation into a flawed flight control system linked to the 737 MAX crashes.

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

1.0658

-0.0008 (-0.07%)

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GBP/USD

1.2475

-0.0015 (-0.12%)

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USD/JPY

157.91

+0.12 (+0.07%)

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AUD/USD

0.6469

-0.0003 (-0.05%)

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USD/CAD

1.3780

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168.32

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0.9808

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
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SJC 99,99%7,370/ 7,470
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