AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Job One For New Boeing CEO: Reassure Pentagon Buyers That Firm Can Deliver; Ethics Probe Is Under Way.(A)
Byline: KIRK SHINKLE
Boeing Co. on Monday said Chairman and Chief Executive Phil Condit would resign his post.
The news came amid slow commercial aircraft orders, ethical questions about a Pentagon deal and the firing of Boeing's CFO.
Now analysts are asking whether the No. 1 aerospace firm can keep its government customers happy as it faces questions about lucrative contracts.
In a teleconference, Condit said, "In the end, I concluded the controversies and distractions of the past year were obscuring the great accomplishments and performance of this company. My fear was we would get bogged down. I believe the best way for the company to stay on track is to step aside and bring in new leadership."
Former McDonnell Douglas Chief Executive Harry Stonecipher replaced Condit as president. Board member and former Hewlett-Packard Chief Executive Lewis Platt was named nonexecutive chairman. He has been on Boeing's board for several years.
Serves Two Purposes
- CONDIT TO BECOME BOEING CHIEF EXECUTIVE OFFICER
- Press release article from: PR Newswire February 26, 1996 700+ words
...PRNewswire/ -- The Boeing Company (NYSE: BA...Directors today said Boeing President Philip M...additional duties of Chief Executive Officer on April 29...year, has served as Boeing Chief Executive Officer since April...
- Lockheed Martin allegations focus on Boeing's chief executive.
- Newspaper article from: Knight Ridder/Tribune Business News November 18, 2004 700+ words
...that allegedly demonstrates Boeing Chief Executive Harry Stonecipher knew former...officer Darleen Druyun gave Boeing preferential treatment in...Stonecipher and James Albaugh, chief executive of Boeing's Integrated Defense Systems...
- Boeing Chief Executive's Return Package Detailed.
- Newspaper article from: Knight Ridder/Tribune Business News March 13, 2004 700+ words
...last year, according to Boeing's annual proxy statement...deal for the 767 tanker, Boeing's chairman and chief executive officer Phil Condit resigned...000; and James Albaugh, chief executive of Boeing Integrated Defense Systems...
- United Job No Lure for Boeing Chief Executive.
- Newspaper article from: Knight Ridder/Tribune Business News June 7, 2002 700+ words
...News Jun. 7--Boeing Commercial Airplanes Chief Executive Alan Mulally yesterday...never (about leaving Boeing) but he has stayed...approached to become chief executive of Raytheon in 1998...and is, happy at Boeing. Nevertheless...
- Boeing Chief Executive to Lecture at Kansas University.
- Newspaper article from: Knight Ridder/Tribune Business News Journal-World, Lawrence, Kan. October 12, 1998 700+ words
...Knight Ridder/Tribune Business News Oct. 10--Boeing's chief executive officer will deliver the 1998 Anderson Chandler Lecture...Under chief executive officer Philip Condit, the Boeing Company has grown into the world's largest aerospace...
- Boeing's New Chief Executive Throws Full Support behind 7E7 Dreamliner.
- Newspaper article from: Sunday Business (London) (via Knight-Ridder/Tribune Business News) December 7, 2003 700+ words
...Boles Dec. 7--Boeing's new chief executive, Harry Stonecipher...have swirled around Boeing's space and defence...dramatic resignation of chief executive and chairman Phil...deal to lease 100 Boeing 767 refuelling aircraft...
- Boeing Battles Rumors of Chief Executive's Departure.
- Newspaper article from: Knight Ridder/Tribune Business News Flannery, William August 7, 1998 700+ words
...Then, they spread through Boeing facilities in Seattle and St...washed up on Wall Street. Boeing spokesmen were emphatic and...the rumors that Chairman and chief executive Phil Condit is on the verge...round of shakeup rumors at Boeing. In mid-February, the unsubstantiated...
- Wichita, Kan., Will Always Be Important to Boeing, Chief Executive Says.
- Newspaper article from: Knight Ridder/Tribune Business News January 30, 2004 700+ words
...Tribune Business News Jan. 30--Boeing has no immediate plans to sell...will continue to be important to Boeing, even if owned by another company...the double-edged response from Boeing Chief Executive Harry Stonecipher in a conference...