Breaking News
Investing Pro 0
💎 Reveal Undervalued Stocks Hiding in Any Market Get Started

Boeing lobbyist Keating, who helped steer it through MAX crisis, exits abruptly

Stock Markets Jun 22, 2021 12:45AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters. FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker/File Photo
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio

By Eric M. Johnson, David Shepardson and Andrea Shalal

SEATTLE/WASHINGTON (Reuters) - Boeing (NYSE:BA) Co announced on Monday that veteran lobbyist and political strategist Tim Keating, who helped navigate the U.S. planemaker through its worst-ever crisis following fatal 737 MAX crashes, has left the company but gave no reason.

An internal memo from Chief Executive Dave Calhoun to government operations employees, and a separate statement to media, confirmed Keating's departure and the search for a permanent replacement, but offered no explanation or further details on what appeared to be an abrupt exit.

Marc Allen, Boeing's chief strategy officer, would also take over Keating's role until a permanent replacement is found, Calhoun said.

The U.S. planemaker came under intense scrutiny from lawmakers and regulators following fatal crashes of its 737 MAX jetliners in 2018 and 2019. The crashes plunged the company into its worst-ever crisis, one long-since compounded by the coronavirus pandemic.

Loren Thompson, a defense consultant with close ties to Boeing, said Keating had played a critical role in Boeing's effort to manage a series of crises, including the 737 MAX saga, the loss of a major defense contract, and the sharp erosion of revenue caused by the global COVID-19 pandemic.

"Keating might not have stayed at Boeing as long as he did except out of a sense of responsibility because the company was in dire straits," Thompson said.

The news was first reported by Defense One.

Neither Calhoun nor Boeing's media statement offered Keating thanks or acknowledged his contributions to the company, which included running its extensive philanthropic activities - unusual omissions that raised questions about the circumstances of his departure.

Boeing also removed Keating's profile from its website.

A Boeing spokesperson declined to comment beyond its media statement.

Keating is a forceful Washington insider whose deep knowledge of congressional process and politics helped him push through numerous campaigns since joining Boeing in 2008.

For years, he fought to keep selling the Navy more F/A-18 Super Hornets, even as the Navy, Marines and Air Force increased their orders of a new fighter jet built by U.S. defense contractor Lockheed Martin Corp (NYSE:LMT).

He lobbied to convince U.S. lawmakers to overturn the Air Force's award of a major contract to Boeing rival Airbus to build refueling tankers and redo the competition.

Boeing ultimately won the deal, but its work on the KC-46A tanker has been plagued by costly delays and other setbacks.

Before Boeing, Keating was senior vice president of global government relations at Honeywell (NASDAQ:HON), and chairman of the board at Washington lobbying firm Timmons and Company.

Earlier, Keating served in different White House roles under former President Bill Clinton.

Boeing lobbyist Keating, who helped steer it through MAX crisis, exits abruptly

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your profile, will be public on and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
Sign up with Email