Boeing today named Matt Welch as vice president of Investor Relations. Welch will succeed Maurita Sutedja, who has accepted an opportunity outside of Boeing following more than a decade of leadership within several finance roles at Boeing. Welch's appointment is effective immediately.

Welch will lead Boeing's interactions with the investment community, providing shareholders and financial analysts timely, accurate and transparent information on the company's market environment, business, performance and outlook.

Welch is a seasoned leader with more than 20 years of deep financial experience across Boeing's operations. Currently serving as vice president of Revenue Management at Boeing Commercial Airplanes, Welch has held several roles of increasing responsibility, including in Investor Relations; Financial Planning and Analysis; and program finance.

"Matt is a proven financial leader with extensive understanding of Boeing's operations and the markets we serve," said Brian West, Boeing's chief financial officer. "His broad experience with our financial stakeholders and his commitment to transparency will help us further advance our efforts and build upon Maurita's exceptional work over the last several years."

Welch and Sutedja will work together to ensure a smooth transition.