President and Chief Executive Officer of Boeing Commercial Airplanes
Jim Albaugh is President and Chief Executive Officer of Boeing Commercial Airplanes, a designer and manufacturer of commercial passenger airplanes, with more than 12,000 jets in operation around the world. Founded in 1916 Boeing Commercial Airplanes employs 80,000 people and had $36.2 billion in revenue in 2011. Albaugh was named to this position in September 2009. He is also Executive Vice President of The Boeing Company.
From 2002 to 2009, Albaugh served as president and CEO of Boeing Integrated Defense Systems, a $34 billion business, providing defense, space and intelligence products for the United States and customers around the world.
From 1998 to 2002, Albaugh was president and CEO of Boeing Space and Communications, which merged with the company's Military Aircraft and Missiles Systems unit in July 2002 to create Integrated Defense Systems.
Prior to that, he served as president of Rocketdyne Propulsion & Power, part of the Rockwell aerospace and defense businesses acquired by Boeing in 1996. A Washington state native, he joined the company in 1975 as an engineer.
Albaugh is an elected member of both the National Academy of Engineering and the International Academy of Astronautics. He is a Fellow and an Honorary Fellow of the American Institute of Aeronautics and Astronautics and an elected Fellow of the Royal Aeronautical Society.
Albaugh's other affiliations include the Air Force Association and the American Astronautical Society. He serves on the Aerospace Industries Association Board of Governors Executive Committee and in 2011 he was chairman of AIA.
Albaugh is a member of the Washington Roundtable, a nonprofit public-policy organization composed of chief executives representing major private-sector employers in Washington state.
Albaugh has received numerous awards and honors. The Southern California Aeronautic Association presented him with the Howard Hughes Memorial Award for extensive contributions to the aerospace industry. He received the Forrestal Award from the National Defense Industrial Association for leadership in preserving a strong U.S. defense industrial base and the Blue Planet Star Medal from the Russian Space Agency for fostering cooperation between the U.S. and Russia in Space Exploration.
Other recognition includes the Semper Fidelis Award, presented by the Marine Corps Scholarship Foundation; the Bob Hope Distinguished Citizen Award, presented by the National Defense Industrial Association; and the International von Karman Wings Award, presented by the Aerospace Historical Society. A Gold-and-Silver-Knight of the National Management Association, Albaugh was that organization's Executive of the Year in 1999.
Albaugh serves on the TRW Automotive Board of Directors, the Board of Trustees of Willamette University and the Board of Visitors of The Fu Foundation School of Engineering and Applied Science at Columbia University. He also is on the Wings Club Board of Governors and the board of the National Competitiveness Center, an independent organization that helps Saudi Arabia compete more effectively in the global economy.
Albaugh holds bachelor's degrees in mathematics and physics from Willamette University and a master's degree in civil engineering from Columbia University.