When Boeing Co.’s board had its first formal meeting around seven weeks after the initial 737 MAX crash in late 2018, directors didn’t hold in-depth discussions regarding the jet’s safety, according to freshly released details of internal company documents.Months later, Boeing’s current chief executive told journalists the company’s directors had moved quickly enough to deal with the accident, according to sections of company documents contained in a shareholder’s lawsuit. That and other new information in the suit cast doubt on whether Boeing directors pushed management regarding safety issues or seriously considered grounding the plane before a second 737 MAX crash in early 2019. Parts of the internal Boeing documents, which show dates and particulars of meetings the directors held and what was discussed, are cited in the shareholders’ action claiming directors breached their fiduciary duties in overseeing management. The suit also alleges David Calhoun, then the lead-director who later became a CEO, exaggerated to journalists the degree to which directors attended to safety concerns between and in the wake of the two crashes.
Boeing CEO said Board Moved Quickly on MAX safety

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March 29, 2025 5:53 AM
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