Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Divorce ends bad week for former Boeing CEO
Chicago Sun-Times ^ | March 12, 2005 | STEVE PATTERSON AND DAVID ROEDER

Posted on 03/12/2005 5:18:02 PM PST by Land_of_Lincoln_John

Monday, he lost his job. Friday, he lost his wife.

Ousted Boeing CEO Harry Stonecipher, booted for an extramarital affair with a colleague, could lose a lot more after his wife filed for divorce on Friday.

Joan Stonecipher filed just days after headlines splashed details of the affair her husband had with Debra Peabody, a 48-year-old Boeing vice president.

Citing "irreconcilable differences," Joan Stonecipher demands "a fair and reasonable sum" from her husband, whom she identifies as "well and able-bodied" and "of substantial income and wealth."

She filed for divorce just a month after the couple had celebrated their 50th wedding anniversary.

Wife seeks 'equitable share'

Joan Stonecipher says her husband is "capable of making suitable provisions" to ensure she continues to live "in a style commensurate" to what she enjoyed during their marriage.

She also demands "her equitable share of" all marital properties.

The couple, both 68, were enjoying retirement before Stonecipher was hired 15 months ago to burnish the company's reputation.

Boeing had been accused of ethical violations in securing defense contracts, and since then, it has focused on improving company ethics.

After an employee recently reported seeing e-mails from Stonecipher, detailing his affair with Washington-based Peabody, Boeing Chairman Lewis Platt said the way Stonecipher handled the affair had violated company ethics, adding it reflected on his "judgment and would impair his ability to lead the company."

Got $2.1 million bonus

Stonecipher will leave April 1 with no cushy financial send-off, though he will collect his 2004 bonus of $2.1 million, officials said.

In her divorce filing, Joan Stonecipher refers to such assets in seeking a "fair and reasonable sum" for her "temporary and permanent maintenance."

"Past attempts at reconciliation have failed," she adds. "And future attempts at reconciliation would be impracticable and not in the best interests of the family."

Her attorney, Donald Schiller, did not return a call late Friday.

The couple, Tennessee natives who share May birthdays, were married in Rossville, Ga., on Feb. 5, 1955, and have two living children and two grandchildren.


TOPICS: Business/Economy; News/Current Events; US: Illinois
KEYWORDS: boeing; good4olddudes; harrystonecipher; officeromance; viagraworks
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-85 next last

1 posted on 03/12/2005 5:18:03 PM PST by Land_of_Lincoln_John
[ Post Reply | Private Reply | View Replies]

To: Land_of_Lincoln_John

What happens to the bimbo employee who, likewise, committed adultery? She's a vice president of the company. She gets a reward too?


2 posted on 03/12/2005 5:23:20 PM PST by starfish923
[ Post Reply | Private Reply | To 1 | View Replies]

To: Land_of_Lincoln_John
Joan Stonecipher demands "a fair and reasonable sum" from her husband,

HALF !

3 posted on 03/12/2005 5:24:00 PM PST by glock rocks (WYGIWYG)
[ Post Reply | Private Reply | To 1 | View Replies]

To: glock rocks
HALF !

Not in this case. She should not have filed just on "irreconcilable differences" but on adultery. She should clean his clock. He can live in a one bedroom apartment or efficiency for all I care. A 68 year old man should have more control over his genitals than some 19 year old air head.

4 posted on 03/12/2005 5:27:33 PM PST by El Gato (Activist Judges can twist the Constitution into anything they want ... or so they think.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Land_of_Lincoln_John
Good for her!

Dirty Harry will need A Fistful of Dollars.

5 posted on 03/12/2005 5:28:50 PM PST by PGalt
[ Post Reply | Private Reply | To 1 | View Replies]

To: Land_of_Lincoln_John

I would say that that 48 year old hussy really cost this guy a bunch of money. He appears to be as dumb as Jack Welch, formerly of G.E. Hey old dopes: the Viagra can get you in trouble.


6 posted on 03/12/2005 5:37:18 PM PST by svxdave (Life is too short to wear a fake Rolex.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: starfish923

Last time it was a Boeing VP, it was a male boffing a female he was "mentoring" on his desk mid-afternoon. Door wasn't locked and someone walked in. He retired and she was fired.


7 posted on 03/12/2005 5:37:49 PM PST by Doctor Raoul (Support Our Troops, Spit On A Reporter)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Land_of_Lincoln_John
of substantial income

Not from earned income anymore. Assets maybe but income... last I heard he's unemployed.

No doubt he has plenty of interest and earnings on investments though.
8 posted on 03/12/2005 5:38:00 PM PST by festus (The constitution may be flawed but its a whole lot better than what we have now.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: El Gato

He should not live in a one-bedroom. He should not live! We should kill him, as a lesson to all aging men everywhere whose fancy is turned on by a woman much younger than he. Yeah, that's it, death, for the sinner who commits such a common sin.

As for having "more control over his genitals than some 19 year old air head"...I think you meant control over his libido, not necessarily the actual equipment. And why discriminate against 19-year-olds who yield to the most powerful urge there is? I've known plenty of men who've yielded to said urge, and they range all across the age spectrum, up to and past 68, the age in question here.

My mother once upbraided my father for staring a second too long at a gorgeous woman. His response: If I ever don't look at a woman who looks like that, call 911, 'cause I'm dead.

As for the wife who's suing and wants her "fair share" (not saying she doesn't have a legitimate complaint, or that she hasn't truly been damaged), I would remind her that she has spent a literal half century living at the very top of American society not because she played the loyal wifey, but because she was married to the rare man who excelled at the highest level in the corporate world. Could she have done better? Not bloody likely. Would he have risen to the heights he enjoyed without her? Most very likely.


9 posted on 03/12/2005 5:39:24 PM PST by John Robertson
[ Post Reply | Private Reply | To 4 | View Replies]

To: Land_of_Lincoln_John

V I A G A R A


10 posted on 03/12/2005 5:39:32 PM PST by Hildy
[ Post Reply | Private Reply | To 1 | View Replies]

To: Land_of_Lincoln_John
Monday, he lost his job. Friday, he lost his wife.

I'd say that qualifies as a seriously bad week.

11 posted on 03/12/2005 5:43:58 PM PST by Euro-American Scum (A poverty-stricken middle class must be a disarmed middle class)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Land_of_Lincoln_John
I bet former CEO guy wants a "do-over."

What a goof.

Trajan88

12 posted on 03/12/2005 5:46:20 PM PST by Trajan88 (www.bullittclub.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: John Robertson

"I would remind her that she has spent a literal half century living at the very top of American society not because she played the loyal wifey, but because she was married to the rare man who excelled at the highest level in the corporate world".

I was fortunate to get onto the "highest level of the corporate world" ladder at a young age. I had just won a sales contest and the reward was to visit the Home Office. When my wife and I were seated at the table, my wife ended up sitting next to Top Guy's wife. They liked each other, went shopping together the next day, and then the day after that. Before the meeting was over, Top Guy had offered me the job. I would bet that Stonecipher's wife may have played that role many times. They were married for 50 years while he was climbing the corporate ladder. You don't get there without being married to a cheerleader.


13 posted on 03/12/2005 5:48:28 PM PST by svxdave (Life is too short to wear a fake Rolex.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Euro-American Scum
I'd say that qualifies as a seriously bad week.

No one I know has had a week like that! Then again, it's not like Harry was walking down the sidewalk and was hit by a car and then was confronted with his wife filing for divorce.

14 posted on 03/12/2005 5:48:44 PM PST by Land_of_Lincoln_John
[ Post Reply | Private Reply | To 11 | View Replies]

To: Trajan88

Remember the Bendix CEO who kept saying he wasn't involved with his company paramour and then he married her?


15 posted on 03/12/2005 5:51:49 PM PST by Doctor Raoul (Support Our Troops, Spit On A Reporter)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Doctor Raoul

Bendix. Yep, the first of this ilk of top level office romances.


16 posted on 03/12/2005 5:53:00 PM PST by Land_of_Lincoln_John
[ Post Reply | Private Reply | To 15 | View Replies]

To: Land_of_Lincoln_John

How does a 48 year old have a 50 year marriage????


17 posted on 03/12/2005 5:57:34 PM PST by corkoman (Overhyped)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Land_of_Lincoln_John

William Agee and Mary Cuningham.


18 posted on 03/12/2005 6:01:33 PM PST by Doctor Raoul (Support Our Troops, Spit On A Reporter)
[ Post Reply | Private Reply | To 16 | View Replies]

To: John Robertson

Good post. It's about time we had more men like you stand up for adultery.


19 posted on 03/12/2005 6:06:29 PM PST by Hillary's Lovely Legs (Pedro offers you his protection)
[ Post Reply | Private Reply | To 9 | View Replies]

To: corkoman

The "other woman" was just 48. I believe she's persusing Monster.com now. Harry, age 68, was married to his wife--also the same age--for 50 years.


20 posted on 03/12/2005 6:06:41 PM PST by Land_of_Lincoln_John
[ Post Reply | Private Reply | To 17 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-85 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson