Seattle Times aerospace reporter Dominic Gates covers top industry events to bring you the latest news, highlighting how it impacts Boeing and its competitors.
June 18, 2013 at 10:40 AM
Paris Air Show: Boeing CEO McNerney may stay past 65
Boeing chief executive Jim McNerney, who’ll be 64 this summer, may not retire at 65, as is company practice.
Chatting with journalists at the Boeing media reception at the Paris Air Show, McNerney said there is nothing mandatory about the retirement date.
“There’s no official time that I have to depart. There is a practice,” McNerney said. “There are rules that are easily waived. They have been in the past.”
McNerney became chairman and chief executive of Boeing in 2005. He said a decision to waive the retirement date is not his to make, but the board’s. Still, he made clear that he’d like to stay on.
“I love my job,” McNerney said. “I’m having a good time.”