{"id":101838,"date":"2025-07-01T04:30:00","date_gmt":"2025-06-30T23:00:00","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=101838"},"modified":"2025-07-01T03:05:11","modified_gmt":"2025-06-30T21:35:11","slug":"boeing-hires-new-cfo-jay-malave-who-is-he","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2025\/07\/01\/boeing-hires-new-cfo-jay-malave-who-is-he\/","title":{"rendered":"Boeing Hires New CFO Jay Malave, Who Is He?"},"content":{"rendered":"\n

SEATTLE-<\/strong> Boeing<\/a> has announced a key leadership change with the upcoming transition of its Chief Financial Officer (CFO). Brian West will step down and become a senior advisor, while Jesus “Jay” Malave will assume the role of Executive Vice President and CFO, effective August 15.<\/p>\n\n\n\n

The transition comes at a pivotal time for the aerospace manufacturer, as it continues to implement safety-driven reforms and financial recovery strategies.<\/p>\n\n\n\n

\"Boeing
Photo: Boeing<\/figcaption><\/figure>\n\n\n\n

Boeing New CFO<\/h2>\n\n\n\n

Boeing’s decision to appoint Jay Malave reflects the company\u2019s focus on building a financially resilient future while reinforcing its commitment to safety, quality, and long-term recovery. <\/p>\n\n\n\n

Malave will lead core financial operations, including business planning, reporting, investor relations, and internal controls, while overseeing Enterprise Services such as global real estate and facilities.<\/p>\n\n\n\n

Malave brings deep aerospace and manufacturing finance experience, having served as CFO at Lockheed Martin and L3Harris Technologies. He also held senior finance roles during a two-decade tenure at United Technologies Corporation, including as CFO of Carrier Corporation and UTC Aerospace Systems.<\/p>\n\n\n\n

He will report directly to Boeing President and CEO Kelly Ortberg<\/a> and serve on the company\u2019s Executive Council.<\/p>\n\n\n\n

\"Boeing
Photo: Boeing<\/figcaption><\/figure>\n\n\n\n

Brian West to Stay On as Senior Advisor<\/h2>\n\n\n\n

Brian West, Boeing\u2019s CFO since 2021, will transition to a senior advisory role. His leadership was critical in managing Boeing\u2019s financial recovery during one of the most turbulent periods in its history.<\/p>\n\n\n\n

This included guiding a major capital raise and securing funding to bolster the company\u2019s operational goals, particularly around safety and quality initiatives.<\/p>\n\n\n\n

Ortberg praised West\u2019s performance and noted that his continued presence as an advisor would help ensure a smooth leadership transition.<\/p>\n\n\n\n

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Photo: By Jonathan Cutrer from San Angelo, Texas, United States – Lockheed SR-71 Blackbird, CC BY 2.0, https:\/\/commons.wikimedia.org\/w\/index.php?curid=84513457<\/figcaption><\/figure>\n\n\n\n

Who is Jesus Jay Malave?<\/h2>\n\n\n\n

Jay Malave holds a bachelor\u2019s degree in mathematics and a Juris Doctor from the University of Connecticut, along with a master\u2019s degree in accounting from the University of Hartford.<\/p>\n\n\n\n

His extensive academic and professional background equips him with the tools to navigate Boeing\u2019s complex financial landscape amid evolving market conditions and stakeholder expectations.<\/p>\n\n\n\n

As a leading aerospace and defense company, Boeing serves more than 150 countries with products and services in commercial aviation, defense, and space systems.<\/p>\n\n\n\n

With a strong global workforce and supplier network, Boeing remains committed to values centered on safety, quality, and integrity while fostering innovation and economic growth.<\/p>\n\n\n\n

Stay tuned with us. Further, follow us on social media for the latest updates.<\/p>\n\n\n\n

Join us on\u00a0Telegram Group\u00a0<\/a>for the Latest Aviation Updates. Subsequently, follow us on\u00a0Google News<\/a><\/p>\n\n\n\n

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