Boeing [BA] on Wednesday named B. Marc Allen, current president of Boeing International, as a senior vice president of the company and president of its pending partnership with Brazil’s commercial aerospace and defense company Embraer S.A. [ERJ].
Allen, 45, will report to Dennis Muilenburg, chairman, president and CEO of Boeing. Allen will oversee the integration of Boeing’s commercial aviation and KC-390 multi-role aircraft joint ventures with Embraer, which still require regulatory approvals that are expected later this year.
Boeing will own an 80 percent stake in the commercial partnership with Embraer the remaining stake. Allen will chair the board of the commercial venture.
Embraer will hold a 51 percent stake in the KC-390 joint venture, with Boeing holding the remaining position. Allen will be Boeing’s lead representative on the KC-390 board.
Allen joined Boeing in 2007 and has been in charge of the company’s international business activities for the past four years. He has also served as president of Boeing China.
“Marc’s global experience and relationships, deep knowledge of our industry and passion for people make him uniquely qualified to lead the integration of these two iconic companies,” Muilenburg said in a statement.
Allen will be succeeded as president of Boeing International by Sir Michael Arthur, 68, current president of Boeing Europe and managing director of Boeing U.K. and Ireland. Arthur will also join the company’s Executive Council.
Boeing also said that John Slattery, 50, current president and CEO of Embraer Commercial Aviation and executive vice president of Embraer S. A., will be president and CEO of the commercial aviation joint venture. Slattery will be based in Brazil and will report to Allen once the joint venture is approved.
The appointments of Allen and Arthur are effective on April 22.