The appointments are effective Oct. 1
Submitted by Boeing
Above: Chris Raymond, Boeing Chief Sustainability Officer Below: Marc Allen, Chief Strategy Officer
The Boeing Company (NYSE: BA) today named B. Marc Allen as chief strategy officer and senior vice president, Strategy and Corporate Development, reporting to President and CEO David Calhoun. The company also announced Christopher Raymond as the company's chief sustainability officer, a newly created position reporting to Executive Vice President, Enterprise Operations and Chief Financial Officer Greg Smith. The appointments are effective Oct. 1.
Allen, first appointed to the company's Executive Council in 2014 as president of Boeing International, will now take on responsibility for the enterprise's overarching strategy, including long-term planning; global business and corporate development; and strategic investments, acquisitions and divestitures. He most recently served as president of Embraer Partnership and Group Operations, leading the associated business and integration teams, before terminating the partnership in April 2020. Before joining the Executive Council, Allen served in leadership positions across the enterprise as president of Boeing Capital Corporation, president of Boeing China, vice president for Global Law Affairs and general counsel to Boeing International.
"Marc is a creative, inclusive and forward-thinking leader whose strategic vision will help Boeing navigate the challenges facing the global aerospace market and position us for long-term success in the future," Calhoun said. "With a demonstrated history of global business leadership and a track record of smart growth and partnership decisions, I'm confident in Marc's ability to help us get right the key decisions in front of us during this unique time. He will further build on the great work by Greg Smith, who has led the function and set a lasting foundation for the benefit of our employees and stakeholders."
As Boeing's first chief sustainability officer, Raymond will be responsible for further advancing Boeing's approach to sustainability that is focused on environmental, social and governance priorities, stakeholder-oriented reporting and company performance. Operating within the Enterprise Operations, Finance and Sustainability organization, Raymond will lead a team that collaborates across Boeing's commercial, defense and services businesses and its enterprise functions in support of the company's commitment to responsible and inclusive business practices and positive global impact.
"Despite our current headwinds, we remain focused on innovating and operating to help make the world a better place for future generations," Smith said. "Chris will partner with Dave, myself and the entire Executive Council to bring together our efforts toward environmental stewardship, social progress and values-driven governance from across the enterprise and deliver a truly integrated focus on sustainability. Appointing a chief sustainability officer is an important next step as we continue to elevate and sharpen our focus on sustainability in partnership with our customers as well as across Boeing's operations, throughout our supply chain and in our communities. Chris is the right person for the job."
Raymond first gained responsibility for Boeing's sustainability strategy in April 2020 when his role leading strategy was expanded to integrate corporate development and deepen the company's focus on environmental and social considerations. Previously, he led integration efforts for the potential strategic partnership between Boeing and Embraer, served as vice president and general manager of Autonomous Systems within Boeing Defense, Space & Security (BDS) and other defense business segments, and led BDS business development and strategy. He has held leadership assignments in engineering, supply chain management, program management and operations.
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The Boeing Company Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Additionally, Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. As a major service provider to NASA, Boeing operates the Space Shuttle and International Space Station. The company also provides numerous military and commercial airline support services. Boeing has customers in more than 90 countries around the world and is one of the largest U.S. exporters in terms of sales. Boeing has a long tradition of aerospace leadership and innovation. We continue to expand our product line and services to meet emerging customer needs. Our broad range of capabilities includes creating new, more efficient members of our commercial airplane family; integrating military platforms, defense systems and the warfighter through network-centric operations; creating advanced technology solutions that reach across business units; e-enabling airplanes and providing connectivity on moving platforms; and arranging financing solutions for our customers. Headquartered in Chicago, Boeing employs more than 157,000 people across the United States and in 70 countries. This represents one of the most diverse, talented and innovative workforces anywhere. More than 90,000 of our people hold college degrees -- including nearly 29,000 advanced degrees -- in virtually every business and technical field from approximately 2,700 colleges and universities worldwide. Our enterprise also leverages the talents of hundreds of thousands more skilled people working for Boeing suppliers worldwide. Boeing is an equal opportunity employer supporting diversity in the workplace.
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