Boeing taps GE exec to lead aircraft arm

Boeing Co. announced yesterday the hiring of a General Electric Co. executive to lead its commercial aircraft business, the company’s biggest division.

Kevin McAllister, who served as chief of GE Aviation Services, immediately succeeds Ray Conner, who led the Boeing division for more than four years.

McAllister is the first outsider to lead the commercial jet arm and the most senior external hire since Jim McNerney, another GE alumni, was hired from 3M Co. as CEO in 2005.

Read more from The Wall Street Journal.