Commitment to Change
CEO plans to testify about the company's "serious missteps" and commit to restoring confidence among consumers and investors, emphasizing sweeping changes in people, processes, and structure.
Ortberg's testimony will address the company's efforts to improve manufacturing and safety standards, including the implementation of a new Safety Management System to proactively manage safety risks.
Acknowledgment of Crises
The CEO will acknowledge past incidents, including the tragic crashes and recent production quality problems, pledging that necessary changes will be made to prevent future occurrences.
Despite recent setbacks, including a significant loss due to a labor strike and production issues, Ortberg expresses optimism about Boeing's recovery and commitment to safety.