Why Jim Cramer says this is the most underrated CEO in America

Core Viewpoint - Boeing's new CEO, Kelly Ortberg, is receiving high praise for his leadership amidst the company's turbulent history and is seen as an underrated figure in the industry [1][2]. Company Background - Ortberg has extensive experience in the defense and aerospace sectors, previously serving as president and CEO of Rockwell Collins before taking the helm at Boeing in August 2024 [2]. - The company has faced significant challenges, including the firing of former CEO Dennis Muilenburg in 2019 after two fatal crashes involving the 737 Max 9, and subsequent issues under his successor, Dave Calhoun [3]. Recent Performance - Boeing experienced a machinist strike lasting 53 days, leading to layoffs and significant financial losses, totaling $11.8 billion in 2024, marking the second-worst loss in its history [4]. - Under Ortberg's leadership, Boeing has focused on improving quality inspection processes, managing costs, and securing new deals with airlines such as Korean Air, Turkish Airlines, and Qatar [5]. - The company's stock has increased by 22% year-to-date, with first-half sales rising 26% year-over-year to $42.2 billion, and a reduction in non-GAAP operating loss from $1.78 billion to $234 million [5]. Leadership Style - Cramer highlights Ortberg's hands-on leadership approach, indicating that the turnaround at Boeing is characterized by a close engagement with the manufacturing process [6].