In the midst of challenges surrounding the 737 Max, the role of Boeing’s Chief Legal Officer (CLO) is underscored as crucial for driving the company out of the spiral. A former executive from JetBlue Airways, Mike Barger, emphasised the value of a legal chief’s role in being a critical voice or ‘devil’s advocate’. Barger’s insights were part of a deeper discussion surrounding the complexity of the issues Boeing is facing, reflecting on the potential strategies that could be employed in overcoming the crisis.
Boeing’s legal team certainly needs to navigate complex regulatory landscapes and manage communication with several stakeholders, including regulators, customers and the public. The role of the CLO, in such circumstances, extends beyond traditional legal counsel to being a strategic advisor for the company. Guided by legal principles and equipped with a deep understanding of business operations and market dynamics, a CLO can help steer the company during turbulent times, playing an instrumental part in determining the company’s future.
For the detailed discussion about how Boeing’s CLO could potentially contribute to the company’s turnaround strategy, visit the discussion on law.com.