Posted on 03/18/2005 8:23:51 PM PST by ConservativeStatement
SAN FRANCISCO (MarketWatch) -- The woman romantically tied to ousted Boeing Co. Chief Executive Officer Harry Stonecipher left the world's largest aerospace company on Thursday. She departed on her own accord, according to Boeing.
The woman reportedly worked in the company's Washington, D.C.-office. She had been identified as Debra Peabody by various reports; Boeing will not divulge her name.
Stonecipher's surprise departure in early March at the request of the company's (BA: news, chart, profile) board came as a shock inside and outside the company. According to the company, he had violated Boeing's code of conduct.
"The board concluded that the facts reflected poorly on Harry's judgment and would impair his ability to lead the company," said Boeing Chairman Lew Platt at the time. See full story.
His return to the Chicago-headquartered company's executive suite to help restore its reputation was built on his strong reputation as a longtime leader in the aerospace industry.
When Boeing selected Chicago as its new head quarters over areas like Dallas, I figured it was over something stupid. Maybe this was it.
Reports are that these two didn't hook up until January of this year. But I will never understand why Boeing picked Chicago of all places. If it weren't for the US Govt they would have been gone a long time ago. Great product; lousy company.
I always wondered "Why Chicago?" too. Stonecipher was at Sundstrand and McDonnell; I just figured he couldn't leave the Midwest. His paramour was at the DC office per the article...
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