Boeing’s CFO Greg Smith gets an expanded role in strategy

CHICAGO — Boeing chief financial officer Greg Smith is getting a bigger role in keeping the company competitive in the global aerospace market.

On top of his current job, Smith will also be responsible for driving innovation across the corporation and ensuring consistent and strong business performance, the company announced Wednesday. Those duties are covered by the 51-year-old’s new title of executive vice president of enterprise performance and strategy. He still retains his CFO title.

“In addition to being responsible for financial management, corporate development and overall company strategy, Greg will oversee and drive key cross-enterprise performance levers that are critical to achieving our growth and performance aspirations and to running our company better and more competitively every day,” Boeing chairman and president Dennis Muilenburg said.

Smith is picking up responsibilities previously split between Boeing vice chairman Ray Conner and senior vice president Scott Fancher. Both men have announced plans to retire this year.

Top among Smith’s priorities will be ensuring that the company’s new business unit, Boeing Global Services, starts up smoothly on July 1.

Dan Catchpole: 425-339-3454; dcatchpole@heraldnet.com; Twitter: @dcatchpole.

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