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Theodore  Colbert, III net worth and biography

Theodore Colbert, III Biography and Net Worth

CEO of Boeing

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 $11.28 million as of August 1st, 2023. Mr. Colbert, III owns 59,255 shares of Boeing stock worth more than $11,283,930 as of September 28th. 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?

The corporate mailing address for Mr. Colbert, III and other Boeing executives is 100 NORTH RIVERSIDE PLAZA, CHICAGO IL, 60606. Boeing can also be reached via phone at (312) 544-2000. Learn More on Theodore Colbert, III's contact information.

Has Theodore Colbert, III been buying or selling shares of Boeing?

During the past quarter, Theodore Colbert, III has sold $2,026,145.00 in Boeing stock. 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 3 times. They purchased a total of 27,135 shares worth more than $4,375,310.65. 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.

Theodore Colbert, III Insider Trading History at Boeing

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/1/2023Sell8,500$238.37$2,026,145.0059,255View SEC Filing Icon  
2/2/2021Sell5,000$200.80$1,004,000.0049,846View SEC Filing Icon  
2/11/2019Sell2,137$408.85$873,712.45View SEC Filing Icon  
See Full Table

Theodore Colbert, III Buying and Selling Activity at Boeing

This chart shows Theodore Colbert III's buying and selling at Boeing by year and by quarter.

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Boeing Company Overview

Boeing logo
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements, as well as provides fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating leases, sales-type/finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was incorporated in 1916 and is based in Arlington, Virginia.
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Today's Range

Now: $190.43
Low: $190.03
High: $195.26

50 Day Range

MA: $221.31
Low: $195.46
High: $239.03

2 Week Range

Now: $190.43
Low: $120.99
High: $243.10


7,992,687 shs

Average Volume

5,593,426 shs

Market Capitalization

$114.56 billion

P/E Ratio


Dividend Yield



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