Boeing Elects Jesus ‘Jay’ Malave as incoming EVP and Chief Financial Officer

Boeing has announced their Chief Financial Officer transition plan.  Effective August 15, 2025, Jesus ‘Jay’ Malave will become the company’s new EVP and CFO, while Brian West will become a senior advisor to Boeing’s President and CEO, Kelly Ortberg.

Boeing Elects Jesus 'Jay' Malave as new EVP and Chief Financial Officer - Courtesy Boeing

On Monday (June 30, 2025), Boeing announced that effective August 15th, 2025, Jesus ‘Jay’ Malave will become the company’s new Executive Vice President and Chief Financial Officer, succeeding Brian West.  Mr. West, who has served as Boeing’s CFO for the last four years, will become a senior advisor to Boeing’s President and CEO, Kelly Ortberg.  In his new role, Mr. Malave will lead Boeing’s financial strategy, reporting, long-range business planning, investor relations, treasury, controller and audit operations, as well as Enterprise Services, which includes global real estate and facilities. He will report to Ortberg and serve on the company's Executive Council.

In Monday’s announcement, Boeing’s President and CEO, Kelly Ortberg, said,

“I want to personally thank Brian for his outstanding work navigating our recovery and positioning the company for the future.  These past few years have been some of the most consequential in Boeing’s history, and Brian successfully guided us through last year’s historic capital raise and ensured our team always had the resources to continue the critical work to strengthen safety and quality across our operations.  I look forward to his continued counsel in his new role.

“Jay will become CFO at an important time in helping build Boeing’s next chapter as we continue to make progress on our recovery and implement fundamental changes rooted in safety and quality.  He is a well-respected financial and business leader, and brings decades of experience developing people and teams across complex aerospace and manufacturing businesses.”

Jesus ‘Jay’ Malave served most recently as Chief Financial Officer at Lockheed Martin, and before that, held the positions of Senior Vice President and CFO at L3Harris Technologies.  He also spent over 20 with United Technologies Corporation in various roles, including serving as Vice President and CFO of Carrier Corporation when it was an operating unit of UTC, and as Vice President and CFO at UTC Aerospace Systems.  Malave holds a bachelor’s degree in Mathematics from the University of Connecticut, a master’s in accounting from the University of Hartford and a Juris Doctor from the University of Connecticut School of Law.

Boeing (NYSE: BA) is a leading supplier of commercial airplanes, defense, space and security systems, as well as global services.  The aerospace giant tops the list of the largest U.S. exporters, providing a significant positive impact to America’s annual GDP.  Boeing supports government and commercial customers in over 150 countries and employs more than 150,000 team members worldwide.  As Boeing continues to deliver for customers, they are committed to their legacy of aerospace leadership in technology and innovation and living the company’s core values of safety, quality, and integrity.

Source: Boeing