Boeing's 737 MAX program leader, Ed Clark, has stepped down after safety lapses, including a missing fuselage panel and a detached plane door.

Katie Ringgold has been named as Ed Clark's successor amidst a broader reorganization of Boeing's Commercial Airplanes leadership.

The FAA has imposed restrictions on Boeing's 737 MAX production pending resolution of quality control issues.

U.S. safety regulators are conducting inspections at Boeing production sites following a history of quality concerns.

The 737 MAX was previously grounded for two years due to fatal crashes tied to software malfunctions.

CEO David Calhoun has publicly committed to prioritizing safety, quality, and integrity in Boeing's operations.

Boeing's stock value has declined following the recent incidents, contributing to a 23% drop this year and marking the lowest performance in the Dow Jones Industrial Average.