In a statement Boeing Co said, it has tapped former General Electric executive Brian West as its chief financial officer. The development comes two months after the surprise retirement of finance chief Greg Smith.

West is scheduled to take charge on August 27. He has spent 16 years at GE, where he served as CFO of its aviation and engine services businesses.

His appointment comes at a time when Boeing is facing one of the most turbulent periods in its history, marked by rising debt during the COVID-19 pandemic as well as increased regulatory scrutiny over safety.

“I have had the pleasure of working with Brian previously, and he is an exceptional leader,” said Boeing’s CEO David Calhoun in a statement. Boeing has named senior vice president Dave Dohnalek as interim financial chief until West takes over.

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