June 30 (Reuters) - Boeing Co ( BA ) said on Monday it

had appointed former Lockheed Martin executive Jesus 'Jay'

Malave as the planemaker's new CFO, effective Aug. 15.

He will succeed Brian West, who will stay on in an advisory

role, Boeing ( BA ) said.

West joined Boeing ( BA ) in 2021 and oversaw its finances through

a turbulent period, marked by mounting debt and delivery delays.

The appointment comes as the planemaker undergoes a broader

transformation to restore its reputation and ramp up jet

production under current CEO Kelly Ortberg.

A Boeing ( BA ) investor said the move was not a surprise, as CEO

Kelly Ortberg had signaled an openness to changing upper

management in April.

Malave, who has held senior finance roles at L3Harris

Technologies and United Technologies, exited defense contractor

Lockheed Martin ( LMT ) in April.

(Reporting by Nathan Gomes and Allison Lampert; Editing by

Shinjini Ganguli)