Stanley Deal, a 30-year aerospace industry veteran and a senior vice president at BoeingÂ (NYSE: BA), has been named president and CEO of a newly-established global services business unit that brings together functions from the Chicago-based company’s commercial and defense segments.
He will directly report to CEO Dennis Muilenburg as a member of the company’sÂ executive council and will oversee Boeing Global Services as the airplane maker’sÂ third business unit with operations scheduled to start by the third quarter of 2017, Boeing said Monday.
“Stan is an exceptionally capable and experienced leader, and he’s ideally prepared to stand up an integrated Boeing services business to expand our share of a global commercial and defense services market worth an estimatedÂ $2.5 trillionÂ over the next 10 years, ” Muilenburg said.
Boeing Global Services will base its headquarters in Dallas and offer customers a portfolio of services derived from the companyâs commercial aviation services business and the defense segment’sÂ global services and support group.
Prior to this role, Deal served as senior vice president of Boeing’s commercial aviation services business that includes the firmâs Aviall and Jeppesen subsidiaries.
He also held other senior leadership roles at the Chicago-based aerospace companyâs commercial airplanes business such as VP and general manager of supply chain management and operations, VP and GM of supplier management organization, and VP of Asia Pacific sales.
Deal also helped manage commercial airline programs as VP and GM at Fairchild Aerospace.
Kevin McAllister, formerly president and CEO of GE Aviation Services, will succeed the retiring Ray Conner as president and CEO of Boeingâs commercial airplanes business.
Conner will continue to serve as vice chairman at Boeing through 2017.