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|    AVIATION    |    Aviation echo, airline-related news    |    717 messages    |
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|    Message 150 of 717    |
|    Aviation HQ to All    |
|    Criticism for Boeing    |
|    21 Apr 19 21:29:37    |
      MSGID: 2:292/854 17213a4d       The Boeing management has received strong criticism from two shareholder       advisory firms because of the problems involving the 737 MAX. The companies       advised investors to oppose the way in which the management is now structured       at the aircraft manufacturer, as reported by the Financial Times.               Institutional Shareholder Services believes that Boeing CEO Dennis Muilenburg       should no longer play a double role. He is now both chairman and executive       director. ISS advocates the arrival of an independent chairman, the newspaper       said.               Glass Lewis, a branch of ISS, has a different advice. Glass Lewis believes       that the head of the so-called audit committee at Boeing should be replaced.               The American concern is currently being examined by numerous agencies. With a       737 MAX aircraft, two fatal crashes occurred in a short time, in October in       Indonesia and in March in Ethiopia. There are also shareholders who have taken       the group to court. They claimed that Boeing "put profitability and growth       above safety and fairness" and concealed the true extent of the plane's       security problems.              --- D'Bridge 3.99 SR41        * Origin: AVIATION ECHO HQ (2:292/854)       SEEN-BY: 1/123 15/2 123/1970 153/757 221/1 226/17 229/107 354 426       SEEN-BY: 229/728 1014 240/5832 249/317 400 261/38 280/464 292/854       SEEN-BY: 292/8125 317/3 322/757 335/364 342/200 393/68 396/45 633/280       SEEN-BY: 801/188 3828/7       PATH: 292/854 229/426           |
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