In a preliminary vote tally, Boeing shareholders have voted to re-elect outgoing CEO Dave Calhoun to the company's board of directors. The announcement comes as the aerospace giant grapples with its latest safety crisis, marked by the incident where a door plug blew out of an Alaska Airlines Boeing 737 Max 9 earlier this year.

Calhoun, who previously stated that he would step down by the end of the year, has assured shareholders that Boeing's focus is on stabilizing its production and quality. This commitment is crucial as the company works diligently to restore faith in its aircraft following the high-profile crashes involving the 737 Max model.

The annual meeting also saw changes in Boeing's leadership, with Steve Mollenkopf appointed as the new board chair. Mollenkopf revealed that he has sought feedback on Calhoun's successor from investors and the company's customers, emphasizing the importance of a smooth transition during this critical time.

Amidst the ongoing safety concerns, proxy advisor Glass Lewis had recommended that shareholders vote against Calhoun and two other board members. However, the preliminary results show that shareholders have chosen to retain Calhoun on the board, signaling a vote of confidence in his ability to navigate the challenging circumstances.

Boeing's recent struggles have had far-reaching consequences, leading to a decline in aircraft deliveries and frustrating airline executives who have had to make adjustments to flight schedules and staffing. Furthermore, the strained relationship with the Federal Aviation Administration (FAA) has intensified, with increased inspections being conducted on the manufacturer.

Adding to the company's woes, the Justice Department recently accused Boeing of violating a 2021 settlement that shielded it from criminal charges related to the two fatal 737 Max crashes. This violation exposes Boeing to potential prosecution in the United States, further complicating the company's efforts to regain stability.

As Dave Calhoun retains his position on the board, attentions will now turn to the steps Boeing will take to address its safety and quality control issues. With input from investors and customers, the selection of Calhoun's successor will be a crucial decision that could shape the future of the aerospace giant.