If Dave Calhoun is the CEO of Boeing on April 1, 2024, then the market resolves YES. If he is not CEO for any reason, the market resolves NO.
Please note: An official announcement by Calhoun or Boeing of his retirement, resignation, or termination before April 1, 2024, will make the market resolve YES. Any unofficial leaks or speculation (media, internet, etc) will not count.
The market closes at midnight ET on March 31, 2024.
Background:
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Boeing CEO Dave Calhoun to step down; board chair and commercial airplane head replaced in wake of 737 Max crisis
https://www.cnbc.com/2024/03/25/boeing-ceo-board-chair-commercial-head-out-737-max-crisis.html
Well, I guess someone should have clarified this earlier... but I assuming this is supposed to say NO, not YES, right? Only thing that makes sense in context...
Please note: An official announcement by Calhoun or Boeing of his retirement, resignation, or termination before April 1, 2024, will make the market resolve YES.
@MickBransfield Can you clarify, albeit its kind of late now. But one can read the descriptor 2 ways and it is not 100% clear which way is accurate or if something was written incorrectly.
@SirCryptomind @mint The question will be resolved literally to the resolution criteria. An announcement that he's retiring does not count.
But yes, I did screw up the drafting of the question. I changed it from a negative to a positive at the last second, but did not update all the criteria. Sorry for the confusion/headache.
@HarrisonNathan IF they do get rid of him, I think it would be be right before a holiday weekend. Easter weekend seemed short, but plausible.
@MickBransfield Interesting theory, and a possibility, but I think it will be more likely to happen when some horrible stuff comes to light, and their hand is forced.
FBI tells Alaska Airlines passengers they may be ‘victim of a crime’
https://www.aol.com/finance/fbi-tells-alaska-airlines-passengers-101306045.html
The heads of leading U.S. airlines want to meet with Boeing and hear the aircraft manufacturer’s strategy for fixing quality-control problems that have gained attention since a panel blew out of an Alaska Airlines jetliner in January, people familiar with the situation said Thursday.
...
The newspaper said that Boeing CEO David Calhoun is not expected to meet with the airline officials, and that Boeing has offered to send its chair, former Continental Airlines CEO Lawrence Kellner, and other board members.
https://www.politico.com/news/2024/03/21/boeing-planes-breakdown-latest-00148409
Boeing Criminal Inquiry Expands With Subpoenas and Grand Jury
https://www.nytimes.com/2024/03/15/business/boeing-subpoenas-grand-jury.html
United Airlines Boeing 737-800 lands safely in Medford, Oregon with an under-fuselage panel missing. United says the issue was first discovered when parked at the gate.
Dave Calhoun was hired to fix Boeing. Instead, ‘it’s become an embarrassment’
https://www.cnn.com/2024/03/14/business/boeing-ceo-dave-calhoun/index.html
Boeing did not retain security camera footage showing work on Max jet door that blew out, NTSB says
Boeing said on Friday it believes required documents detailing the removal of a key part during production of a 737 MAX 9 that failed during a mid-air emergency were never created, according to a letter seen by Reuters.
The head of the National Transportation Safety Board said on Wednesday that Boeing has not provided some documents and information sought in its ongoing investigation into the Jan. 5 Alaska Airlines 737 MAX 9 mid-air cabin door emergency.
NTSB Chair Jennifer Homendy said investigators have sought the names of the 25 people who work on door plugs at a Boeing facility in Renton, Washington, but have not received them from Boeing. "It is absurd that two months later we don't have it," Homendy said at a Senate Commerce hearing.
https://finance.yahoo.com/news/1-ntsb-says-boeing-not-173510213.html
The Federal Aviation Administration said Monday that it had found numerous issues with production at Boeing and supplier Spirit AeroSystems.
https://finance.yahoo.com/video/faa-boeing-audit-condemns-737-093030658.html
The US Justice Department is looking into whether the door plug blowout on a Boeing 737 Max plane in January meant Boeing violated the $2.5 billion settlement it reached in 2021 over allegations it defrauded the Federal Aviation Administration, leading to two fatal crashes of the 737 Max, according to New York Times and Bloomberg reports that cite unnamed sources.
https://www.cnn.com/2024/02/29/business/boeing-justice-department-investigation/index.html
Boeing must develop a comprehensive action plan to address "systemic quality-control issues" within 90 days, the head of the U.S. Federal Aviation Administration said Wednesday, in a statement critical of the planemaker following an all-day meeting with CEO Dave Calhoun on Tuesday.
https://finance.yahoo.com/news/faa-tells-boeing-come-plan-145140573.html