International Shareholder Services and Glass Lewis have recommended that Boeing investors push to elect a new chairman after the crash of the two fatal 737 Max jets in the last seven months . The move would take the reins away from Dennis Muilenburg , who is also the company ’s CEO . All of Boeing ’s 737 Max aircraft have been grounded worldwide while it develops a software update to address the suspected cause of the crashes . International Shareholder Services and Glass Lewis said that investors should back a proposal to appoint a new independent chairman at Boeing’s shareholder meeting on April 29. Glass Lewis advised that an independent chairman would be able to avoid the conflicts of an executive insider occupying both roles .
International Shareholder Services and Glass Lewis have recommended that Boeing investors push to elect a new chairman after the crash of the two fatal 737 Max jets in the last seven months . The move would take the reins away from Dennis Muilenburg , who is also the company ’s CEO . All of Boeing ’s 737 Max aircraft have been grounded worldwide while it develops a software update to address the suspected cause of the crashes . Glass Lewis advised that an independent chairman would be able to avoid the conflicts of an executive insider occupying both roles .