Boeing names ex-Lockheed executive Jay Malave as new CFO
Boeing appointed Jay Malave, ex-Lockheed and Pratt & Whitney executive, as CFO effective August 15, replacing Brian West, who moved to an advisory role. Malave joined amid Boeing's turnaround efforts, post a $11.8 billion loss in 2024. CEO Kelly Ortberg credited West for leading last year's $24 billion capital raise. Fitch revised Boeing's debt outlook to stable.