Boeing Co. said Thursday that its board has elected Kenneth Duberstein to the post of lead director, succeeding the late Lew Platt.
CHICAGO — Boeing Co. said Thursday that its board of directors has elected Kenneth Duberstein to the post of lead director, succeeding Lew Platt, who died Sept. 8.
Duberstein, 61, has been a member of the aerospace company’s board since 1997. He is chairman and chief executive of The Duberstein Group, a Washington, D.C.-based consulting firm, and served as President Ronald Reagan’s chief of staff for two years in 1988-89.
In making the announcement, Chairman and CEO Jim McNerney cited Duberstein’s ability to build consensus along with his global perspective and government experience.
Boeing’s stock fell 66 cents to $70.79 Thursday on the New York Stock Exchange, a day after its closing price reached an all-time high.
Most Read Stories
- Route 7 is one of Metro Transit’s most challenging bus lines, and driver Nathan Vass loves it VIEW
- WSU College Republicans leader steps down after being exposed as white-nationalist protester
- Bill Gates makes largest donation of Microsoft stock since 2000 with $4.6 billion gift
- Sorrow at the Space Needle: Dinner at one of Seattle’s most expensive restaurants VIEW
- Seattle rental applicants' criminal histories virtually off-limits under new law