Business Context and Reporting Period
This Form 8-K Current Report was filed by The Boeing Company on March 14, 2023. The filing reports a specific corporate governance event regarding the appointment of a senior officer effective April 1, 2023.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statement data.
Material Changes
The material change reported is the appointment of Michael J. Cleary as Senior Vice President and Controller, replacing Carol J. Hibbard who is retiring after more than 25 years of service. Mr. Cleary previously served as Vice President, Accounting and Financial Reporting since 2007.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on business performance, or discussion of risks and contingencies. Regarding compensation, the filing states that Mr. Cleary will receive salary, bonus, and equity awards consistent with his seniority, with no additional compensation awarded specifically in connection with this appointment.
Investor Verification Checklist
- Verify the effective date of Michael J. Cleary's new role (April 1, 2023).
- Confirm the retirement timeline of Carol J. Hibbard.
- Review subsequent filings for any changes to the Company's financial reporting structure following this leadership transition.