Former UN ambassador Nikki Haley leaves Boeing board, opposing federal aid

Former UN ambassador Nikki Haley leaves Boeing board, opposing federal aid

Boeing Co said on Thursday Nikki Haley, former U.S. ambassador to the United Nations, has resigned from its board, opposing the company's move to seek financial support from the federal government amid the 737 MAX and the coronavirus crisis.

Nikki Haley former U.S. ambassador to the United Nations is introduced at the Boeing Co annual shar
FILE PHOTO: Nikki Haley, former U.S. ambassador to the United Nations, is introduced at the Boeing Co annual shareholder meeting in Chicago, Illinois, U.S., April 29, 2019. Jim Young/Pool via REUTERS

REUTERS: Boeing Co said on Thursday that former U.N. ambassador Nikki Haley has resigned from its board as she opposes the planemaker's move to seek financial aid from the federal government amid the 737 MAX and the coronavirus crisis.

"I cannot support a move to lean on the federal government for a stimulus or bailout that prioritizes our company over others and relies on taxpayers to guarantee our financial position," Haley said in a letter to the company's management.

"I have long held strong convictions that this is not the role of government."

When asked to respond to Haley's concerns, Boeing said the company appreciates her service on the board and wishes her well.

(Reporting by Ankit Ajmera in Bengaluru and David Shepardson in Washington; Editing by Arun Koyyur)

Source: Reuters

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