What is Boeing CEO David L. Calhoun’s Net Worth (2022)? His Early Life, Education and Career

David L. Calhoun (born April 18, 1957) is an American businessman who has served as president and chief executive officer of The Boeing Company since 2020. He was previously the chairman of Boeing and ranked among the most popular businessmen. He is also rated among the elite list of renowned American-born celebrities.

Calhoun has been a director of Boeing since 2009 and was designated the company’s chief independent director in 2018. In the wake of the Boeing 737 MAX groundings, he was appointed chairman of Boeing in October 2019, and he stepped down as chairman on December 23, 2019, in preparation to become Boeing’s CEO and president on January 13, 2020.

What is David Calhoun’s Net Worth?

David Calhoun, president, and chief executive officer of Boeing Co, is believed to have a net worth of approximately $291.35 million. David Calhoun holds approximately 2,450 shares of common stock in Boeing Co. In the past thirteen years at Boeing Co, David Calhoun has sold approximately $1.95 million worth of products.

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Early Years & Education

Calhoun was born in Philadelphia on April 18, 1957, and grew up in Allentown, Pennsylvania, where he attended and graduated from Parkland High School in 1975. Calhoun was one of three captains of the varsity basketball team and a golfer in high school. In 1979, he graduated from Virginia Tech with a degree in accounting.

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Career

After completing college, Calhoun got employment at General Electric (GE). Due to its close proximity to where he lived in the Lehigh Valley, he chose to work for GE at that time. He oversaw transportation, aviation engines, reinsurance, lighting, and other GE divisions for 26 years until being named vice chairman of the firm and a member of the GE Board of Directors in 2005.

In 2006, Calhoun left GE to become CEO of the privately held global information services provider VNU. Under his leadership, Nielsen Holdings returned to the public markets in 2011 and was included in the  S&P 500 Index in 2013. In 2014, Calhoun was appointed executive chairman of Nielsen and joined The Blackstone Group as senior managing director and head of portfolio operations, as well as a member of the management committee. Nielsen’s restructuring was supported by Blackstone, one of six private equity firms. Calhoun served on the boards of Caterpillar, Gates Corporation, and Medtronic throughout his career.

Calhoun has been a director at Boeing since 2009, and he was named the company’s chief independent director in 2018. In the aftermath of the Boeing 737 MAX groundings, he was appointed chairman of Boeing in October 2019, and he stepped down as chairman on December 23, 2019, in preparation to become Boeing’s CEO and president on January 13, 2020.

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