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Tue June 26, 2012
Boeing commercial plane chief Albaugh retiring
CHICAGO — The head of Boeing's commercial airplanes division is retiring.
Jim Albaugh has run the biggest division at Boeing for almost three years. He was brought in at a time when its expensive new plane, the 787, was struggling with delays.
The 787 has now been delivered, along with a revamped version of Boeing's superjumbo 747.
Albaugh is 62. Before running the commercial airplane division, he ran Boeing's defense business.
Boeing says he will be replaced by Raymond L. Conner, who is 57. Conner is a former airplane mechanic who has been with the company since 1977. His most recent job was senior vice president of sales and customer support for Boeing commercial planes.