Boeing CEO James McNerney is leaving the company’s top executive position, and the Chicago-based aviation manufacturer’s Dennis Muilenburg will take his place.  Muilenburg will move into the CEO and president job at Boeing on July 1 2015. McNerney, 65, who became Boeing’s chief executive in 2005, will retain his role as chairman.

Muilenburg has served in a variety of roles at Boeing during his 30 years at the company, starting as an engineering intern in Seattle in 1985. Since 2013, he has been Boeing’s president and chief operating officer.

About Dennis Muilenburg

1. Dennis is an American businessman, president and chief operating officer of Boeing.
2. He will be will be chief executive officer from 1 July 2015.

About McNerney

1. McNerney is an American business executive who will be serving as the chairman and CEO of The Boeing Company until July 1, 2015.
2. He worked as a management consultant at McKinsey from 1978 to 1982.

About Boeing

1. Boeing is an American multinational corporation that designs, manufactures, and sells airplanes,rotorcraft, rockets and satellites.
2. Headquarters: Chicago, Illinois
3. Boeing is among the largest global aircraft manufacturers, is the second-largest defense contractor in the world based on 2013 revenue.
4. It was ranked 90th on the “Fortune Global 500” list (2015), and ranked 27th on the “World’s Most Admired Companies” list (2015).