Boeing announced on Friday that Ted Colbert, the president and CEO of its defense, space, and security unit, will be departing from the company with immediate effect. Steve Parker, the unit's chief operating officer, will assume Colbert's responsibilities on an interim basis until a successor is appointed.
The decision was communicated by Kelly Ortberg, Boeing's president and CEO, who expressed gratitude for Colbert's 15 years of service at the company. Ortberg emphasized the importance of restoring customer trust and meeting high performance standards to support critical missions globally.
