financetom
Business
financetom
/
Business
/
Boeing's top lobbyist departing planemaker, CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boeing's top lobbyist departing planemaker, CEO says
Dec 6, 2024 4:33 PM

WASHINGTON (Reuters) -Boeing's head of government affairs and top lobbyist is leaving effective immediately, the planemaker's CEO told employees in an email Friday.

Ziad Ojakli will be replaced on an interim basis by Bill McSherry, who oversees the planemaker's state and local government operations, Boeing CEO Kelly Ortberg said in an email. Ojakli took over as head of Boeing government operations in September 2021 and previously headed Ford Motor and SoftBank government affairs offices.

Boeing has faced a difficult year after a door plug missing four key bolts blew off a new Alaska Airlines Boeing 737 MAX 9 jet at 16,000 feet in January.

Ojakli, who also served as an aide to former President George W. Bush, could not be reached for comment. Boeing declined to comment on the move.

The company has faced criticism from U.S. lawmakers on a number of fronts. Boeing's relationship with the U.S. government is crucial and it is a major defense contractor for the Pentagon.

Ortberg took over in August during ongoing investigations by the Justice Department and Federal Aviation Administration into the mid-air emergency. He has been working to repair Boeing's relationship with the FAA and lawmakers. This week he held another meeting with FAA Administrator Mike Whitaker in Seattle.

Ortberg also recently spoke with President-elect Donald Trump and discussed potential new tariffs on China, a person briefed on the matter said.

Last month, Boeing said its head of quality for commercial airplanes, Elizabeth Lund, would retire in December. Lund has spearheaded the planemaker's improvement plans. In September, Boeing said the head of its troubled space and defense unit was leaving immediately.

In July, Boeing finalized an agreement to plead guilty to conspiring to defraud the FAA and to pay up to $487 million. U.S. District Judge Reed O'Connor on Thursday rejected Boeing's agreement to plead guilty, faulting a diversity and inclusion provision in the deal.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Iron Mountain to Take Minority Stake in Middle East Data Center Unit
Iron Mountain to Take Minority Stake in Middle East Data Center Unit
Feb 13, 2025
09:53 AM EST, 02/13/2025 (MT Newswires) -- Iron Mountain (IRM) will take a minority stake in communications company Ooredoo Group's MENA Digital Hub data center unit, the companies said Thursday. The partnership aims to expand Ooredoo's data center capacity in the Middle East/North Africa region, with Iron Mountain providing operational support and expertise in infrastructure development, the companies said. Ooredoo...
Honda Calls Off Nissan Integration, Reports 8.9% Sales Growth: Details
Honda Calls Off Nissan Integration, Reports 8.9% Sales Growth: Details
Feb 13, 2025
Honda Motor Company, Ltd. ( HMC ) shares are trading higher on Thursday. The company reported results for nine months and disclosed the termination of business integration talks with Nissan Motor Co., Ltd. ( NSANF ) . The company disclosed the cancellation of the previously inked memorandum of understanding (MOU) for business integration with Nissan Motor ( NSANF ). Notably,...
Market Chatter: Freeport-McMoRan to Resume Copper Concentrate Shipments From Indonesia
Market Chatter: Freeport-McMoRan to Resume Copper Concentrate Shipments From Indonesia
Feb 13, 2025
09:48 AM EST, 02/13/2025 (MT Newswires) -- Freeport-McMoRan ( FCX ) will resume copper concentrate shipments from Indonesia this week in anticipation of obtaining a new export license to replace its prior license that lapsed last month, Reuters reported Thursday, citing two people with knowledge of the matter. The company plans to start loading pre-sold cargoes heading to China on...
Volt Lithium Announces 24-Hour Run of Generation 5 Field Unit
Volt Lithium Announces 24-Hour Run of Generation 5 Field Unit
Feb 13, 2025
09:58 AM EST, 02/13/2025 (MT Newswires) -- Volt Lithium ( VLTLF ) on Thursday announced the 24-hour continuous run of its Generation 5 Field Unit in the Permian Basin, Texas. The large-scale direct lithium extraction (DLE) system was too large for testing at Volt's Calgary demonstration facility, necessitating the Texas construction, the company said. Integrating with the partner's operational specifications...
Copyright 2023-2026 - www.financetom.com All Rights Reserved