EDITOR'S NOTE
The Boeing 737 Max has not been flying and neither have assurances from the aviation giant's CEO.
Boeing announced on Monday it had fired Dennis Muilenburg, who led Boeing's efforts to get its 737 Max back in the air after two fatal crashes.
"The Board determined that a change in leadership was necessary to restore confidence," CFO Greg Smith, who became interim CEO, explained in a note to employees. Muilenburg will be replaced by the company's chairman David Calhoun on Jan. 13. 
The announcement drew a vote of confidence from investors as Boeing stock rose about 3%. The stock market was also higher after China announced plans to lower tariffs on more than 850 products, from frozen pork to semiconductors.
CNBC's Jim Cramer said it was about time Boeing tried a new approach with a new leader.
“It was impossible to get clearance with all these different entities as long as he was there," Cramer said on “Squawk on the Street," "because he presided over what happened."
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