Market Intelligence: South East Asia

• Penny Burtt appointed to lead Boeing’s Southeast Asia business
• Burtt previously served in leadership roles in diplomacy, trade, international business, and consulting across four continents

Boeing announced Penny Burtt as the new president of the company’s Southeast Asia business, effective July 3, 2024

Burtt will be based in Singapore and oversee the company’s strategy and operations as Boeing expands its regional presence. She will also become director and chair of Boeing Singapore Pte. Ltd. and president director of PT. Boeing Indonesia.

“We are excited to have Penny join Boeing as she brings a strong combination of diplomatic and business skills through her 25 years in the private and public sectors across the region,” said Brendan Nelson AO, president of Boeing Global.

Boeing has partnered with stakeholders in Southeast Asia for over 75 years, building aerospace and defense capabilities in the region with offices in Singapore, Indonesia, Vietnam, Malaysia, Thailand and the Philippines. The region is one of the world’s fastest-growing commercial airplane markets and its defense needs are rapidly expanding.

“I am delighted to join Boeing and lead our efforts in Southeast Asia, a dynamic region I’ve dedicated much of my career to,” said Burtt. “Encompassing ten countries and nearly 700 million people, I look forward to expanding Boeing’s presence in this key market.”

Burtt most recently led public policy and government relations for the Asia Pacific region at Stripe, a financial infrastructure company. Prior to that, Burtt was Group CEO of Asialink, Australia’s leading center for Asia engagement, and held Asia leadership positions at Visa and McKinsey & Company. Burtt is a former Australian diplomat who served in Singapore, Indonesia and Malaysia. She is a Board member of the U.S.-ASEAN Business Council.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company’s core values of safety, quality and integrity.

Source: Boeing
Photo Credit: Boeing