Former Boeing CEO joins Clayton, Dubilier & Rice

By Marjorie Censer / March 2, 2016 at 1:43 PM

Jim McNerney, the retired chairman and chief executive officer of Boeing, has been named a senior adviser at private equity firm Clayton, Dubilier & Rice, tasked with helping identify and evaluate new investment opportunities.

McNerney will also be focused on "driving value creation strategies" at companies owned by the firm, CDR said in its announcement.

McNerney was Boeing's CEO from 2005 to 2015. Before that, he was CEO of 3M and a senior executive at General Electric.

176264

About the Insider

The INSIDER is a daily news digest from Inside Defense. Every business day, the INSIDER delivers news and notes on the Defense Department, Congress and the defense industry. And every day, we send you highlights via email.

Depending on the terms of your subscription to Inside Defense, you will have easy access to the linked articles and documents.

If you have any questions about the INSIDER, please contact our Customer Service Department at 1-800-424-9068 or insidedefense@iwpnews.com.