Boeing appoints Ted Colbert as President of its Defense, Space and Security business as Leanne Caret retires

Boeing has announced that Ted Colbert will leave his position as president and CEO of Boeing Global Services (BGS) to take the same role of its Defense, Space and Security business. Colbert succeeds Leanne Caret who is retiring following 35 years of exceptional service with The Boeing Company. Stephanie Pope has been promoted to President and will replace Colbert at BGS.

«We are grateful for Leanne’s dedicated service, and I’d like to thank her for her outstanding contributions to our industry, our customers, our company and our employees over her extraordinary career at Boeing,» said Dave Calhoun, Boeing President, and CEO.

As president and CEO of Boeing Defense, Space and Security (BDS), Colbert will oversee all aspects of the company’s business unit that provides technology, products and solutions for defense, government, space, intelligence, and security customers worldwide. BDS had 2021 revenue of $26 billion.

Ted Colbert joined Boeing in 2009 and has been serving as president and CEO of Boeing Global Services. Prior to that role, he served as chief information officer (CIO) and senior vice president of Information Technology & Data Analytics.

In 2022, The Black Engineer of the Year Awards (BEYA) named Colbert Black Engineer of the Year, the organization’s top honor. Colbert completed the Dual Degree Engineering Program at the Georgia Institute of Technology and Morehouse College with degrees in Industrial and Systems Engineering and Interdisciplinary Science.

«Throughout his career, Ted Colbert has consistently brought technical excellence and strong and innovative leadership to every position he has held,» said Calhoun. «Under his leadership, BGS has assembled an excellent leadership team focused on delivering safe and high-quality services for our defense and commercial customers. His leadership record of accomplishment and current experience supporting the defense services portfolio ideally position Ted to lead BDS.»

As president and CEO of Boeing Global Services, Pope, who is currently Boeing Commercial Airplanes Chief Financial Officer, will lead the company’s business unit that provides aerospace services for commercial, government and aviation industry customers worldwide, focused on global supply chain and parts distribution, aircraft modifications and maintenance, digital solutions, aftermarket engineering, analytics, and training.

BGS had 2021 revenue of $16 billion. Prior to her assignment as BCA CFO, Pope was chief financial officer of BGS and was part of the business when it was established in 2017.

«Stephanie brings decades of wide-ranging business and financial leadership to her new role,» said Calhoun. «Given her extensive experience in all aspects of BGS, Stephanie’s deep understanding of the global services portfolio since its inception and the needs of BGS customers will help accelerate this meaningful business.»

Colbert and Pope’s new assignments will be effective April 1. Until her retirement later this year, Caret will serve as executive vice president and senior advisor to the CEO, reporting to Calhoun, to support the leadership transition, business continuity and critical talent acquisition efforts.

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