Boeings chairman and the head of the commercial airplane unit are also stepping down from their positions.
Furthermore, Stan Deal, CEO of Boeing Commercial Airplanes, is retiring.
Stephanie Pope, Boeings chief operating officer since January, is set to take his place immediately.
Ina letterto Boeing employees shared on Monday, Calhoun called the Alaska Airlines incident a Watershed moment for Boeing.
We must continue to respond to this accident with humility and complete transparency.
The eyes of the world are on us, Calhoun wrote, announcing his departure plans.
According to the CEO, this shows a lack of attention to detail quality issues in Boeing.
Shares of Boeing jumped 4% in pre-market trading following the news of Calhouns resignation, CNN reports.
The 66-year-old, who has no engineering background, became CEO of the company in January 2020.
People agreed with Calhouns decision
