Boeing Names David Dohnalek Vice President of Finance and Treasurer

CHICAGO, April 1, 2008 /PRNewswire-FirstCall/ -- The Boeing Company (NYSE: BA) today appointed David Dohnalek as its corporate treasurer, succeeding Paul Kinscherff, who has been named president of Boeing Middle East.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080401/AQTU061)

Dohnalek, 49, will lead the company's activities in corporate finance and banking, pension and savings investments, global treasury operations, financial analysis, and enterprise risk management and insurance. He will be an elected company officer and continue reporting to Chief Financial Officer James Bell.

"Dave is well known to our stakeholders in the financial community and he has the expertise and leadership to continue Paul's work reshaping Treasury into a function that truly enables Boeing's growth and productivity," Bell said. "These appointments highlight the tremendous strength of Boeing's Finance team."

Dohnalek has been serving as Boeing's vice president of Financial Planning and Analysis. A successor for that position will be named later.

Prior to his financial planning post Dohnalek spent four years as Boeing's vice president of Investor Relations, where he was responsible for working with institutional investors and securities analysts to promote understanding of Boeing's strategy, performance, and outlook.

Before his Investor Relations assignment Dohnalek was Boeing's assistant treasurer for Corporate Finance and Banking. In that post he managed debt and equity funding, commercial and investment banking relationships, capital structure strategy, and dividend policy.

Dohnalek, a chartered financial analyst (CFA), received his Master of Business Administration degree from the University of Chicago and his Master of Engineering from Northwestern University. He also holds a Bachelor of Arts degree in chemistry from Northwestern.