Two longtime Boeing Co.
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The Chicago-based plane maker is expected to announce the retirement of Susan Schwab and Arthur Collins, these people said. The company isn’t expected to immediately nominate new directors to the board, one of these people said. The directors’ departure could be announced as soon as Wednesday, this person said.
Collins, former chief executive of medical device-maker Medtronic PLC, has been a Boeing board member since 2007. Schwab, a former U.S. trade representative, has been on the board since 2010.
The departures have been under consideration in recent weeks and are part of a longer-term push to bring new directors onto the board in the aftermath of the Max crisis, some of the people familiar with the matter said. Four members of the expected 10-member board will have been added after the accidents.
An expanded version of this report appears on WSJ.com.
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