The struggling aerospace giant welcomed the former chief executive of the indexing giant as a "trusted leader who brings the voice of the investor."

Boeing has appointed to its board of directors former The Vanguard Group chief executive Tim Buckley, a move coming as the US airframer grapples with a cash crunch related to a weeks-long production pause that ended earlier this month.

(Reuters) -Boeing board has elected former Vanguard Group CEO Tim Buckley as its newest member, effective Jan. 1, the U.S. planemaker said on Friday. Buckley, 55, will be Boeing's tenth director since 2019, the company said, adding that he will serve on the board's Finance and Governance & Public Policy committees.

Boeing has appointed former Vanguard CEO Tim Buckley to its board, effective January 1st. Buckley, with over 30 years of experience at Vanguard, will join as the 12th director. This announcement coincides with Boeing's plan to lay off 17,

The newly appointed Boeing directors collectively possess extensive expertise in areas such as aerospace, safety, engineering, manufacturing, cybersecurity, artificial intelligence, software, risk management,