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6/26/2012 4:29 PM ET

Boeing Co. (BA: Quote) Tuesday announced appointment of Raymond Conner as its chief executive officer and president of Boeing Commercial Airplanes. Conner replaces James Albaugh, who will retire from the company, effective October 1.

Prior to joining as CEO, Conner has held several leadership roles including vice president of supply chain management and operations. He has also served as vice president and general manager of the 777 and 747 programs, and vice president of sales for the Americas and Asia-Pacific regions.

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