Schemm named new CFO of Boeing Airplanes

It was announced on Monday this week that Kevin Schemm will take over as the Chief Financial Officer of for Boeing Commercial Airplanes.  This announcement comes off the back of Schemm’s record breaking order of 737 MAX by Southwest Airlines, which was locked up last week.  The current CFO, Ray Ferrari is set to retire in 2012 after 33 years of service.

The Seattle Times reported this news in an article posted on their website today.  In the article, it was also announced that the 737 MAX marketing leader appointed would be Joe Ozimek; a 38 year employee of Boeing.  His primary focus will be as Boeing primary contact with GE, who makes the new fuel efficient engines for the 737 MAX airplane model.

Both Schemm and Ozimek seem like smart choices for their respective jobs.  Ozimek has been around for a long enough time to not just understand the industry, but understand the way Boeing works.  As for Schemm, his knack for sales and ability to set up such a strong deal with Southwest in such a trying time in the airline industries makes him a prime candidate for CFO.  Hopefully, both will pan out for Boeing when they take over come February 1st of 2012.

Tyler Baker; OSM Writer

( Source : The Seattle Times )

 

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