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Condit pushed Boeing to expand into space, communications.(Chicago Tribune)
Byline: John Schmeltzer
CHICAGO _ When Phil Condit joined Boeing Co. in 1965, the junior engineer was assigned to develop a supersonic transport plane.
The aircraft never left the drawing boards. But it did help launch Condit on a 38-year career that culminated with him winning the top job at the world's largest aerospace company.
On Monday, Boeing announced that it had accepted Condit's offer to resign. He is another casualty in the company's effort to contain a spiraling scandal in its space and defense business.
Condit, it was revealed Monday, had offered to resign a week and a half ago.
"Phil said to us, `If you think it would be useful for me to step aside, I would be willing to do that," said Lewis Platt, named to the newly created position of non-executive chairman.
"That was not an offer we jumped at," Platt added. "But over the course of many board meetings, we decided to take him up on it."
- Condit pushed Boeing to expand into space, communications.
- Newspaper article from: Chicago Tribune (Chicago, IL) December 1, 2003 700+ words
...Byline: John Schmeltzer CHICAGO _ When Phil Condit joined Boeing Co. in 1965, the junior engineer was assigned...we have been entering is a strategy of Phil Condit." Under Condit, Boeing scooped up McDonnell Douglas Co., Rockwell...
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...In his seven years, Phil Condit transformed Boeing utterly. His legacy is still...commercial airplanes. Under Condit, Boeing has grown enormously, from...of the strategy to transform Boeing," Condit said. "We think we have the...
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...current downcycle." Condit said The Boeing Co.'s financial...commercial airlines." Condit noted that faced with...defense outlays, Boeing Defense & Space...in aerodynamics." Condit reiterated that Boeing is strong and in a...
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- Newspaper article from: Defense Daily International November 2, 2001 700+ words
...perceptions," Boeing Chairman and CEO Phil Condit told Defense Daily...and analysts. At Boeing's second quarter conference call, Condit told analysts...diverse Boeing. A Boeing that would produce...performance," Condit on July 18 told...
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...David Atkinson Phil Condit, Boeing's [BA] chairman...profitability of The Boeing Company and securing...speculation that Condit would be removed...a bit of flair, Condit concluded his message...I expect every Boeing person to contribute...
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- Newspaper article from: Defense Daily May 5, 1998 700+ words
...customers, according to Boeing's [BA] top executive...drawing to a close," Phil Condit, Boeing's chairman and CEO...contrast, 18 percent of the Boeing 777's direct operating...fuel efficient today," Condit said. "The bad news...
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- Magazine article from: Puget Sound Business Journal Wilhelm, Steve June 27, 1997 700+ words
...didn't know the customer," Condit said of Boeing's past failures. "Either...focused on a core of customers, Condit wants Boeing to emulate the patterns set...and capability in space," Condit said. Boeing's first foray into the satellite...
- CEO believes move best for Boeing.(Boeing Co. CEO Phil Condit is committed to...
- Magazine article from: Denver Business Journal MOORE, PAULA March 30, 2001 700+ words
...the right thing to do for Boeing's future. Condit, who turns 60 in August...worked on the project. When Condit became Boeing's chief executive in the...union workers. He contends Condit has given Boeing's president, tough ex...
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- News wire article from: Knight Ridder/Tribune Business News Griffin, Sean August 30, 1993 700+ words
...been a quimt year for Boeing President Phil Condit. Condit, who begins...That's a concept Condit, formerly head of...program, applied to Boeing's newest airplane...numbers to the public. Condit joined Boeing in 1965 as an engineer...
- BusinessWeek Cover Story: Boeing: What Really Happened; Flawed strategy, lax...
- Press release article from: PR Newswire December 4, 2003 700+ words
...the CEO was distraught. Condit and Boeing insist his exit was voluntary...concern to several senior Boeing executives about Condit's behavior. Piggott did...a settlement," said one Boeing exec. Condit declined to comment. Boeing...