Jesus “Jay” Malave
Transitions within Boeing’s senior team have been announced, with Brian West, Chief Financial Officer (CFO), to become a senior advisor to Kelly Ortberg, the current President and CEO, and Jesus “Jay” Malave to become executive president and CFO from 15 August. West has served as CFO for four years and will now assist with the transitionary phase.
“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 was previously CFO of Lockheed Martin, and has held other roles such as senior vice president and CFO at L3Harris Technologies, vice president and CFO of Carrier Corporation, and vice president and CFO at UTC Aerospace Systems. He holds a bachelor’s degree in mathematics from the University of Connecticut, a master’s in accounting from the University of Hartford, and a Juris Doctor from the University of Connecticut School of Law.
“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.”
Photo: GE Aerospace
