Boeing Announces Chief Financial Officer Transition Plan
Boeing (NYSE: BA) has announced a leadership transition in its chief financial officer position. Jesus "Jay" Malave will succeed Brian West as executive vice president and chief financial officer, effective August 15, 2025. West, who served as Boeing's CFO for four years, will transition to a senior advisor role to Boeing President and CEO Kelly Ortberg.
In his new position, Malave will oversee Boeing's financial strategy, reporting, long-range business planning, investor relations, treasury, controller and audit operations, as well as Enterprise Services. He joins Boeing from Lockheed Martin, where he served as CFO, and brings extensive aerospace industry experience from previous roles at L3Harris Technologies and United Technologies Corporation.
Boeing (NYSE: BA) ha annunciato un cambio di leadership nella posizione di direttore finanziario. Jesus "Jay" Malave succederà a Brian West come vicepresidente esecutivo e direttore finanziario, a partire dal 15 agosto 2025. West, che ha ricoperto il ruolo di CFO di Boeing per quattro anni, assumerà il ruolo di consulente senior per il presidente e CEO di Boeing, Kelly Ortberg.
Nel suo nuovo incarico, Malave supervisionerà la strategia finanziaria di Boeing, la reportistica, la pianificazione aziendale a lungo termine, le relazioni con gli investitori, la tesoreria, il controllo e le operazioni di revisione, oltre ai Servizi Aziendali. Arriva in Boeing da Lockheed Martin, dove ha ricoperto il ruolo di CFO, portando con sé una vasta esperienza nel settore aerospaziale maturata in precedenti ruoli presso L3Harris Technologies e United Technologies Corporation.
Boeing (NYSE: BA) ha anunciado una transición en el liderazgo de su puesto de director financiero. Jesus "Jay" Malave sucederá a Brian West como vicepresidente ejecutivo y director financiero, efectivo a partir del 15 de agosto de 2025. West, quien se desempeñó como CFO de Boeing durante cuatro años, pasará a un rol de asesor senior para el presidente y CEO de Boeing, Kelly Ortberg.
En su nuevo cargo, Malave supervisará la estrategia financiera de Boeing, los informes, la planificación empresarial a largo plazo, las relaciones con inversionistas, tesorería, control y operaciones de auditoría, así como los Servicios Empresariales. Se une a Boeing procedente de Lockheed Martin, donde fue CFO, y aporta una amplia experiencia en la industria aeroespacial gracias a roles anteriores en L3Harris Technologies y United Technologies Corporation.
보잉(NYSE: BA)은 최고재무책임자(CFO) 직위의 리더십 변화를 발표했습니다. 예수스 "제이" 말라베가 브라이언 웨스트를 이어 2025년 8월 15일부로 부사장 겸 최고재무책임자로 취임합니다. 4년간 보잉의 CFO로 재직한 웨스트는 보잉 사장 겸 CEO 켈리 오트버그의 수석 고문 역할로 전환할 예정입니다.
새 직책에서 말라베는 보잉의 재무 전략, 보고, 장기 사업 계획, 투자자 관계, 재무 관리, 회계 및 감사 업무, 그리고 엔터프라이즈 서비스를 총괄합니다. 그는 이전에 록히드 마틴에서 CFO로 근무했으며, L3Harris Technologies와 United Technologies Corporation에서의 경력을 통해 광범위한 항공우주 산업 경험을 보유하고 있습니다.
Boeing (NYSE : BA) a annoncé une transition de leadership à son poste de directeur financier. Jesus "Jay" Malave succédera à Brian West en tant que vice-président exécutif et directeur financier, à compter du 15 août 2025. West, qui a occupé le poste de CFO de Boeing pendant quatre ans, prendra un rôle de conseiller principal auprès du président-directeur général de Boeing, Kelly Ortberg.
Dans ses nouvelles fonctions, Malave supervisera la stratégie financière de Boeing, le reporting, la planification commerciale à long terme, les relations avec les investisseurs, la trésorerie, le contrôle et les opérations d'audit, ainsi que les services d'entreprise. Il rejoint Boeing en provenance de Lockheed Martin, où il était CFO, et apporte une vaste expérience dans l'industrie aérospatiale acquise lors de ses précédents postes chez L3Harris Technologies et United Technologies Corporation.
Boeing (NYSE: BA) hat einen Führungswechsel in der Position des Chief Financial Officer angekündigt. Jesus "Jay" Malave wird Brian West als Executive Vice President und Chief Financial Officer ablösen, wirksam ab dem 15. August 2025. West, der Boeing vier Jahre lang als CFO diente, wird in eine Senior Advisor-Rolle für Boeing-Präsident und CEO Kelly Ortberg wechseln.
In seiner neuen Position wird Malave Boeings Finanzstrategie, Berichterstattung, langfristige Geschäftsplanung, Investorenbeziehungen, Treasury, Controlling und Audit-Operationen sowie Enterprise Services überwachen. Er kommt von Lockheed Martin, wo er als CFO tätig war, und bringt umfangreiche Erfahrung aus der Luft- und Raumfahrtindustrie mit, die er in früheren Positionen bei L3Harris Technologies und United Technologies Corporation gesammelt hat.
- Smooth leadership transition with outgoing CFO Brian West remaining as senior advisor
- Incoming CFO Jay Malave brings extensive aerospace and manufacturing financial leadership experience
- Malave's background includes CFO positions at major aerospace companies Lockheed Martin and L3Harris Technologies
- None.
Insights
Boeing's CFO transition from West to Malave signals continuity in financial leadership during critical recovery period.
Boeing has announced a carefully structured CFO transition, with Brian West moving to an advisory role and Jay Malave stepping in from Lockheed Martin. This planned transition maintains leadership continuity while bringing fresh perspective to Boeing's financial operations during its ongoing recovery efforts.
The timing is strategic - West successfully led Boeing through what the company describes as a "historic capital raise" last year, establishing financial stability before his transition. His retention as an advisor to CEO Kelly Ortberg suggests Boeing values his institutional knowledge while seeking Malave's expertise.
Malave brings significant aerospace finance credentials from Lockheed Martin, L3Harris, and over 20 years at United Technologies, including leadership roles at Carrier and UTC Aerospace Systems. This deep industry experience indicates Boeing is prioritizing sector-specific financial knowledge rather than seeking outside perspective.
The announcement emphasizes Boeing's focus on "safety and quality" multiple times, reflecting the company's continued efforts to address operational challenges. Malave's appointment comes at what Boeing characterizes as an "important time" in its recovery journey, suggesting financial leadership remains crucial to the company's turnaround strategy.
This transition represents standard succession planning rather than an unexpected departure, which should reassure investors looking for stability in Boeing's executive team during its ongoing transformation efforts.
West, who served as Boeing CFO for the last four years, will continue working with the company in an advisory capacity, including assisting in the upcoming CFO leadership transition.
"I want to personally thank Brian for his outstanding work navigating our recovery and positioning the company for the future," said Ortberg. "These past few years have been some of the most consequential in Boeing's history, and Brian successfully guided us through last year's historic capital raise and ensured our team always had the resources to continue the critical work to strengthen safety and quality across our operations. I look forward to his continued counsel in his new role."
Malave will lead Boeing's financial strategy, reporting, long-range business planning, investor relations, treasury, controller and audit operations, as well as Enterprise Services, which includes global real estate and facilities. He will report to Ortberg and serve on the company's Executive Council.
"Jay will become CFO at an important time in helping build Boeing's next chapter as we continue to make progress on our recovery and implement fundamental changes rooted in safety and quality," said Ortberg. "He is a well-respected financial and business leader, and brings decades of experience developing people and teams across complex aerospace and manufacturing businesses."
Malave was most recently CFO of Lockheed Martin and before that held the positions of senior vice president and CFO at L3Harris Technologies. He spent more than 20 years at United Technologies Corporation, including serving as vice president and CFO of Carrier Corporation when it was an operating unit of UTC, and vice president and CFO at UTC Aerospace Systems.
Malave earned a bachelor's degree in mathematics from the University of
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Contact
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SOURCE Boeing
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