Succeeds David Wang, Who Will Stay On As An Advisor

Marc Allen has been named president of Boeing China. The company said Thursday he will be based in Beijing and report to Shep Hill, president, Boeing International and senior vice president Business Development and Strategy.

Allen, who will be responsible for Boeing's growth and productivity plans and initiatives in China, succeeds David Wang, 67, who is retiring after almost a decade of distinguished service in one of the company's key global markets.

"David has been a leader of US business growth in China for more than two decades," said Boeing Chairman, CEO and President, Jim McNerney. "His exemplary commitment to The Boeing Company and to China markets has set a very high standard for us."

Wang will continue to serve as an advisor to the company. "We are delighted to be able to retain David's services as Senior Counselor in China,” said Hill. "His immense knowledge, experience and unique expertise will be invaluable as we work to build on his significant achievements."

As president of Boeing China, Allen, 37, will lead company-wide activities that include government affairs and the development and implementation of the Boeing China strategy focused on new business and industrial partnership opportunities, corporate citizenship projects, expanding the Boeing presence and strengthening company relationships with customers and other stakeholders.

Prior to this appointment, Allen served as vice president Global Law Affairs and general counsel to Boeing International. He has led the company's international legal practice group since its inception in late 2007. "Marc Allen is uniquely suited to lead our activities in China, having spent the last few years as an integral part of the company's global operations," said McNerney. He is one of our most capable leaders, and his prior experiences are well suited for this new, market-focused role."

Boeing and China's long history of cooperation and mutual benefit dates back to 1916. Boeing jets are the mainstay of China's air travel and cargo system. More than 50 percent of all the commercial jetliners operating in China are Boeing airplanes. In 2010, Boeing delivered the 800th Boeing airplane to China, an Air China Next Generation 737-800. China has a component role on every current Boeing commercial airplane model – the 737, 747, 767, 777, and the Boeing 787 Dreamliner.

FMI: www.boeing.com