CHICAGO, Aug. 31, 2021 /PRNewswire/ -- The Boeing Company
(NYSE: BA) board of directors today announced that David L. Joyce has been elected to the board,
effective immediately. He will serve on the Aerospace Safety and
Compensation committees. The Boeing board today also announced that
Admiral Edmund P. Giambastiani Jr.
has informed the company that he will retire from the board at the
end of 2021.
An accomplished aerospace executive, Joyce, 64, retired from
General Electric (GE) as vice chair in 2020, where he also served
as president and CEO of GE Aviation from 2008 to 2020. During
his 12-year leadership of GE's largest division, Joyce also led
customer and product support for more than 19,000 global engines
and 500 airlines customers and oversaw the implementation of an
industry-leading safety management system across GE Aviation.
A 40-year GE veteran, Joyce joined GE Aviation in 1980 as a
product engineer and spent 15 years designing and developing GE's
commercial and military engines, before serving in a variety of
leadership positions in GE Aviation, including vice president and
general manager of Commercial Engines. Joyce earned
both a Bachelor of Science and master's degree in
mechanical engineering from Michigan State
University and holds a master's in business finance from
Xavier University.
"David Joyce is a recognized aerospace industry leader who
brings a demonstrated track record of safety leadership,
engineering expertise and operational excellence to our board,"
said Boeing Chairman Larry Kellner. "He will provide valuable
counsel and guidance based on his significant experience."
Joyce is a member of the National Academy of Engineering, and is
the recipient of the National Defense Industrial Association's
James Forrestal Industry Leadership Award and the American Society
of Materials' Medal for the Advancement of Research. Since 2010, he
has served on the Board of Trustees of Xavier
University.
"Boeing will benefit from David
Joyce's deep aviation experience and broad industry
relationships," said David Calhoun, Boeing president and CEO,
and member of the board of directors. "David's experience
transforming businesses and focus on quality and safety in the
aerospace industry will further strengthen our board."
Adm (ret.) Edmund P. Giambastiani
joined the board in 2009 after a distinguished military career,
culminating in his service as the seventh vice chairman of the
Joint Chiefs of Staff. Admiral Giambastiani is a career U.S.
Navy nuclear-trained submarine officer
with extensive operational, maintenance, overhaul, engineering, and
acquisition experience. He brought to the board a wide breadth of
experience with major program development, program resourcing, and
other aspects of managing large U.S. armed forces acquisition
programs, with a particular focus on high-technology programs. His
experience and leadership in matters related to national security
and defense has been of distinct benefit to the company.
In 2019, Admiral Giambastiani was appointed to serve as the
chair of the Board's Committee on Airplane Policies and Procedures,
which was formed to review Boeing's company-wide policies and
processes for airplane design and development. After an intensive
five-month review, the committee recommended several actions that
have been implemented to strengthen Boeing's safety practices and
culture, including: creating a permanent Aerospace Safety
Committee, which Admiral Giambastiani has chaired since its
inception; establishing a Product and Services Safety Organization
reporting to senior company leadership and the Aerospace Safety
Committee; realigning Engineering teams into a unified organization
under the Chief Engineer to further strengthen the Company's
engineering function; establishing a formal Design Requirements
program; enhancing the company's Continued Operation Safety
Program; re-examining flight deck design and operation assumptions;
and expanding the role and reach of the company's Safety Promotion
Center.
In addition to chairing the Aerospace Safety Committee, Admiral
Giambastiani serves as a member of the Board's Governance &
Public Policy Committee and Special Programs Committee. Admiral
Giambastiani earned a Bachelor of Science degree with a minor in
electrical engineering with leadership distinction from the
U.S. Naval Academy.
"We deeply appreciate Ed's commendable service on our board,"
said Boeing Chairman Larry Kellner.
"Boeing has benefited greatly from his distinguished leadership and
committed service, including his commitment to ensuring the quality
and safety of all Boeing's aerospace products."
"It has been a privilege to work closely with and serve
alongside Ed," said Boeing President and CEO David Calhoun. "We are thankful for his
significant and lasting contributions to our company, including his
leadership on product safety and matters related to national
security and defense."
As a leading global aerospace company, Boeing develops,
manufactures and services commercial airplanes, defense products
and space systems for customers in more than 150 countries. As a
top U.S. exporter, the company leverages the talents of a global
supplier base to advance economic opportunity, sustainability and
community impact. Boeing's diverse team is committed to innovating
for the future and living the company's core values of safety,
quality and integrity. Learn more at www.boeing.com.
Contact
Boeing Communications
media@boeing.com
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SOURCE Boeing