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#1
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from today's AvWeb...
A Bad Week For Ex-Boeing CEO ... But With A Couple Million For Solace Boeing CEO Harry Stonecipher has been booted from the company for breaking its code of conduct by having an affair with a female executive at the company ... but he still is parachuting away with more than $2 million. Last Thursday, Boeing told the Securities and Exchange Commission that Stonecipher would be paid the $2.1 million bonus he earned in 2004, and will continue to collect pay and benefits through his official retirement date of April 1, at an annual rate of $1.5 million. He might not get to keep it all, though. Also on Thursday, his wife of 50 years filed for divorce, asking the court to grant her an "equitable share" of the couple's property. Both are 68 years old. No word yet from Boeing on who will take over the CEO slot. |
#2
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("jsmith" wrote)
snip No word yet from Boeing on who will take over the CEO slot. Michael Eisner's available in October, maybe sooner. The amazing thing about Eisner isn't that he lies to people, but that he, time and again, gets very smart people to believe him, and trust him - even though everyone knows Eisner's reputation. These same people are usually outraged (later) that they were lied to and decieved by Eisner. Yeah, Boeing might not be a bad fit. Montblack |
#3
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I guess if you're going to screw around and be president, it's best to
be president of, let's see, not Boeing. . . not your local school board. Oh yeah. |
#4
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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 |
#5
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Larry Dighera wrote:
Harry Stonecipher, the chief executive fired by BOEING CO. for having an affair with another executive, So it's forbidden for a CEO to have a life. What a wonderful world. Stefan |
#6
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RESUME:
Professional White Male Mid sixties Advanced university degrees 40 years experience as a business Owner/President/CEO House broken, well groomed, affable Willing to take a short term job as President or CEO of a corporation Able to get heavily involved with hot young chick so I can be fired to show that the Board of Directors is on the job... Terms of my Golden Parachute negotiable Please call soon, I need the money for retirement |
#7
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On Tue, 15 Mar 2005 10:43:41 +0100, Stefan
wrote in :: Larry Dighera wrote: Harry Stonecipher, the chief executive fired by BOEING CO. for having an affair with another executive, So it's forbidden for a CEO to have a life. What a wonderful world. Apparently it's company policy not to permit such relationships between supervisors and those whom they supervise to avert sexual harassment charges. |
#8
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![]() "jsmith" wrote in message ... from today's AvWeb... A Bad Week For Ex-Boeing CEO ... But With A Couple Million For Solace Boeing CEO Harry Stonecipher has been booted from the company for breaking its code of conduct by having an affair with a female executive at the company Are you saying that Stonecipher has AIDS? |
#9
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"C J Campbell" wrote
Are you saying that Stonecipher has AIDS? Hmmmm... I thought that everyone had heard of AIDS....... Aviation Induced Divorce Syndrome...sure happened to me. Bob Moore |
#10
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![]() "C J Campbell" wrote Are you saying that Stonecipher has AIDS? He had at least one "aid" too many. ;-) -- Jim in NC |
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