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Boeing has appointed Jesus "Jay" Malave as its new Chief Financial Officer and executive vice president, effective August 15, 2025. The announcement was made on June 30, 2025. Malave joins Boeing from Lockheed Martin, where he served as CFO since 2022. Prior to his tenure at Lockheed Martin, Malave held positions at L3Harris Technologies and United Technologies.
In a related move, Boeing has promoted Brian West, the former CFO of the company, to the role of senior advisor for Kelly Ortberg, Boeing's CEO and president.
Malave's appointment comes during a challenging period for Boeing. The company has faced significant hurdles in recent years, including issues with the Boeing 737 MAX and delays in certifying other aircraft models such as the 777X. Despite these challenges, CEO Kelly Ortberg expressed confidence in Malave's capabilities: "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.
