Boeing (NYSE:BA) shares dipped in after-hours trading on the news of CEO Walter James 'Jim' McNerney stepping down effective July 1st. McNerney will be succeeded by Dennis Muilenberg. In this article I will have a look at what McNerney is leaving behind for its successor and what to expect from Mr. Muilenberg. Boeing shares dipped in after-hours trading following the news of McNerney stepping down. McNerney became CEO of the Boeing Company in 2005, prior to that he was CEO of 3M and held various positions at GE. His 'GE training' brought the focus on financial performance, which is a good thing for investors. While McNerney was CEO Boeing increased production rates (to meet market demand and increase revenue) and launched the Boeing 737MAX and Boeing 777X, which should support Boeing's long term performance. Read more