Boeing Appoints Jesus Jay Malave as New CFO

Company - People | Jul 01, 2025 | EIN

Boeing has announced the appointment of Jesus 'Jay' Malave as its new executive vice president and chief financial officer, effective August 15. Malave replaces Brian West, the current CFO, who will transition to a senior advisory role to assist Boeing's President and CEO, Kelly Ortberg, with the leadership transition. Jesus Jay Malave brings a wealth of experience, having served as CFO of Lockheed Martin for three years, where he was pivotal in financial reporting, investor relations, and M&A activities. His prior roles include executive positions at L3Harris Technologies, Carrier, and UTC Aerospace Systems. Malave's educational background includes a bachelor's degree in mathematics, a master's in accounting, and a Juris Doctor. Kelly Ortberg praises Malave for his extensive experience and ability to contribute significantly to Boeing's ongoing recovery and strategic growth.

Sectors

Aerospace & Defense
Corporate Finance

Geography

United States – Both Boeing and Lockheed Martin are headquartered in the United States, indicating the geographical focus of the leadership transition and corporate activities discussed in the article.

Industry

Aerospace & Defense – The industry relevant to the companies involved, including Boeing and Lockheed Martin, which are key players in aerospace and defense manufacturing and services.
Corporate Finance – The industry focuses on corporate financial management, M&A, and strategic financial planning, which aligns with the roles and expertise of Jesus Jay Malave as CFO.

Financials

Participants

Name	Role	Type	Description
Boeing	Target Company	Company	Boeing is one of the world's largest aerospace companies and a leading manufacturer of commercial jetliners and defense, space, and security systems.
Jesus Jay Malave	CFO	Person	Appointed as the new executive vice president and chief financial officer of Boeing, effective August 15.
Brian West	Outgoing CFO	Person	The current CFO of Boeing, transitioning to a senior advisor role as part of the leadership change.
Kelly Ortberg	President and CEO	Person	The President and CEO of Boeing, overseeing the transition and strategic direction of the company.
Lockheed Martin	Previous Employer	Company	A leading global security and aerospace company, where Jesus Jay Malave previously served as CFO before joining Boeing.