Boeing Co. said Chief Financial Officer Brian West, who helped orchestrate one of the biggest capital raises in US corporate history last year to steady the crisis-stricken planemaker, is stepping down.

Brian West, CFO for four years, will aid Boeing’s transition after steering finances through post-Covid woes, raising $24B and selling assets worth $10.6B.

Boeing chief financial officer Brian West will step down on 15 August and be succeeded in the role by Jay Malave, a longtime United Technologies executive who most recently was Lockheed Martin's CFO.