Boeing Co. said Chief Financial Officer Brian West, who helped orchestrate one of the biggest capital raises in US corporate history last year to steady the crisis-stricken planemaker, is stepping down.

Boeing said Brian West, its chief financial officer, would depart the role later this summer and be succeeded by the former financial chief of Lockheed Martin.

Jay will become CFO at an important time in helping build Boeing’s next chapter as we continue to make progress on our recovery and implement fundamental changes rooted in safety and quality,” Ortberg said.