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Boeing’s Board Faces Backlash as Investor Advisers Urge Shakeup

April 17, 2020, 4:30 PM

Two top investor advisers have come out against some of Boeing’s longest-serving directors as the 737 Max jetliner crisis continues to put pressure on its board.

Proxy adviser Glass Lewis & Co. is urging Boeing shareholders to oppose the reelection of board chairman Lawrence Kellner, who’s been a director for nine years and until recently led a committee tasked with risk management. He became chair after the planemaker’s former CEO and chair Dennis Muilenburg was forced out following two fatal plane crashes involving the 737 Max.

Four other directors who’ve been on the Boeing board 10 years or more are ...

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