TED COLBERT III (51), who was named chief executive of Boeing's defense, space and security unit in March 2022, has exited the company effective immediately amid the unit’s continued poor performance and crippling financial losses. 

The move comes just weeks after Boeing's troubled space capsule Starliner left two astronauts stranded aboard the International Space Station (ISS). 

An alumni of historically-black Morehouse College, Colbert has been with Boeing for fifteen years.

Source: Wall Street Journal

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