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Old March 15th 05, 01:09 AM
Larry Dighera
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Here's a little more information:

Harry Stonecipher, the chief executive fired by BOEING CO. for
having an affair with another executive, will remain an
employee of the company and receive an executive salary until
he retires April 1, the company said on Thursday. Stonecipher,
Boeing's second CEO in 15 months, will be paid a salary at an
annual rate of $1.5 million per year and receive an annual
incentive of $2.1 million for 2004, the company said in a
filing with the SEC. Stonecipher will also continue to receive
perks such as use of a company car and financial counseling
until his retirement, although he will no longer be able to use
the company's aircraft unless approved by the non-executive
chairman. Stonecipher will continue to accrue pension benefits
until his retirement date and after that, receive full
retirement benefits.
(Reuters 06:29 PM ET 03/10/2005)

Mo

http://q1.schwab.com/s/r?l=248&a=106...a&s=rb050 310