Colbert named head of Boeing Defense

Boeing announced today that Ted Colbert has been appointed as president and chief executive officer of the company's Defense, Space and Security business.

Colbert succeeds Leanne Caret who is retiring following nearly 35 years of service with Boeing. Colbert up until now has been president and CEO of Boeing Global Services.

Stephanie Pope, who is currently Boeing Commercial Airplanes chief financial officer, will succeed Colbert.

Colbert and Pope's new roles will be effective April 1, according to a company statement.