Ted Colbert is executive vice president of The Boeing Company and president and chief executive officer of Boeing Global Services. He is a member of Boeing’s Executive Council.
Colbert was named president and chief executive officer of Global Services in October 2019. He is responsible for leading Boeing’s aerospace services development and delivery model for commercial, government and aviation industry customers worldwide, focused on global supply chain and parts distribution, aircraft modifications and maintenance, digital solutions, aftermarket engineering, analytics and training. Global Services offers customers lifecycle solutions regardless of platform manufacturer to accelerate delivery schedules, reduce operational costs and enhance operational efficiencies. Global Services has more than 300 locations in more than 70 countries.
Previously, Colbert was chief information officer and senior vice president of Information Technology & Data Analytics. In this role, he led all aspects of information technology, information security, data and analytics. He also supported the growth of Boeing's business through IT- and analytics-related revenue generating programs.
Prior to his role as CIO, he led Boeing’s Information Technology Infrastructure organization where he was responsible for developing and maintaining network, computing, server, storage, collaboration and infrastructure solutions across the enterprise. Before that, he led the IT Business Systems organization where he managed the computing application systems that support Boeing Finance, Human Resources, Corporate and Commercial Capital Business Units, as well as the company’s internal systems.
Prior to joining Boeing in 2009, Colbert was senior vice president of Enterprise Architecture at Citigroup. Before that, he spent 11 years in Ford Motor Company’s Information Technology organization where he held roles of increasing responsibility in the areas of program management, infrastructure engineering and operations, application development, portfolio management and process reengineering.
In 2022, The Black Engineer of the Year Awards (BEYA) named Colbert Black Engineer of the Year, the organization’s top honor. Colbert’s additional notable accomplishments include receiving the 2021 CapitalCIO of the Year ORBIE award for leadership; recognition as one of the Most Influential Black Executives in Corporate America by Savoy magazine in 2020 and 2021; becoming the first recipient of the Fisher Center prize for Excellence in Driving Transformation from the Fisher Center For Business Analytics at Berkeley; winning the 2018 Forbes CIO Innovation Award; recognition as one of the Most Powerful Executives in Corporate America by Black Enterprise magazine in 2017; 2017 Morehouse College Bennie Leadership Award for Excellence in Business; recognition as the 2016 National Society of Black Engineers Golden Torch Legacy Award winner; recognition as the HMG Strategy 2016 CIO of the Year; and, being named a 2015 Ebony Power 100 honoree.
Colbert completed the Dual Degree Engineering Program at the Georgia Institute of Technology and Morehouse College with degrees in Industrial and Systems Engineering and Interdisciplinary Science. He is a member of the Executive Leadership Council (ELC) and serves on the board of directors of the Thurgood Marshall College Fund, the Georgia Tech President’s Advisory Board, the Virginia Tech Innovation Campus Advisory Board, and New Leaders, where he serves as board chair. Colbert is also a non-executive board member of Archer Daniels Midland (ADM).
What is Theodore Colbert, III's net worth?
The estimated net worth of Theodore Colbert, III is at least $9.74 million as of August 1st, 2023. Mr. Colbert, III owns 59,255 shares of Boeing stock worth more than $9,737,967 as of April 24th. This net worth approximation does not reflect any other investments that Mr. Colbert, III may own. Learn More about Theodore Colbert, III's net worth.
How do I contact Theodore Colbert, III?
Has Theodore Colbert, III been buying or selling shares of Boeing?
Theodore Colbert, III has not been actively trading shares of Boeing over the course of the past ninety days. Most recently, Theodore Colbert III sold 8,500 shares of the business's stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $238.37, for a transaction totalling $2,026,145.00. Following the completion of the sale, the chief executive officer now directly owns 59,255 shares of the company's stock, valued at $14,124,614.35. Learn More on Theodore Colbert, III's trading history.
Who are Boeing's active insiders?
Boeing's insider roster includes Bertrand Allen (SVP), David Calhoun (Pres), David Calhoun (CEO), Heidi Capozzi (SVP), Leanne Caret (EVP), Theodore Colbert, III (CEO), Edward Dandridge (SVP), Stanley Deal (Exec. VP and Pres & CEO ), Carol Hibbard (Insider), Gregory Hyslop (SVP), Timothy Keating (EVP), Lawrence Kellner (Director), Kevin McAllister (EVP), Howard Mckenzie (EVP), Steven Mollenkopf (Director), Robert Verbeck (SVP), and Brian West (Exec. VP of Fin. & CFO ). Learn More on Boeing's active insiders.
Are insiders buying or selling shares of Boeing?
In the last year, Boeing insiders bought shares 1 times. They purchased a total of 850 shares worth more than $201,450.00. In the last year, insiders at the aircraft producer sold shares 2 times. They sold a total of 8,912 shares worth more than $2,110,341.32. The most recent insider tranaction occured on August, 1st when CEO Theodore Colbert III sold 8,500 shares worth more than $2,026,145.00. Insiders at Boeing own 0.2% of the company.
Learn More about insider trades at Boeing. Information on this page was last updated on 8/1/2023.
