Boeing says commercial division CEO Albaugh to retire

26/06/2012 - 21:24

(Reuters) - Boeing said James Albaugh is retiring as chief executive of the company's commercial airplane division, and named Ray Conner as his replacement.

Conner is currently senior vice president, sales and customer support for commercial airplanes.

Albaugh, who has worked with the company for 37 years, will retire on October 1, Boeing said in a statement.

(Reporting by A. Ananthalakshmi in Bangalore; Editing by Supriya Kurane)