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To: steve86
What a stupid bunch of ASSes Boeing heads were for moving there.

The story I always heard was that a senior exec's wife loved the opera and thought highly of the one in Chicago, and her husband did what the boss said. Of course, that may have come from the folks who wanted (and got) a new opera house in Dallas.

26 posted on 03/25/2011 8:54:31 PM PDT by PAR35
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To: PAR35
Boeing relocated from WA to IL thanks to its former CEO, Harry Stonecipher. Harry had come to Boeing as a senior VP. He had arranged the sale of his former employer, McDonnell-Douglas where he was CEO, to arch-rival Boeing.

Harry had a daughter in Chicago and he doted on her. He did not like the long flights between SeaTac and O’Hare to visit her. He persuaded the Boeing Board to relocate to Chicago, IL instead of Texas, even though moving to TX made more business sense for the company. So, Boeing Corporate moved to Chicago and Harry could visit with his daughter as often as he wanted without the long flights.

Harry hit mandatory retirement age at Boeing. However, Harry's hand picked CEO replacement did not work out. The Boeing Board brought Harry back as interim CEO until a permanent CEO could be found. And then Harry's ego got caught in his zipper.

Word the 67 year old CEO was playing around with a married 45 year old Boeing VP got to Mrs. Stonecipher. She was NOT amused.

Mrs. Stonecipher called her lawyers and filed for divorce asking the court for 50 percent of everything that Harry had, including his retirement and Boeing perks as CEO. Mrs. Stonecipher won.

Harry's VP paramour was fired and divorced by her husband. Harry was forced to resign as CEO, but Boeing Corporation headquarters stayed in IL.

55 posted on 03/26/2011 2:22:36 AM PDT by MasterGunner01 (To err is human; to forgive is not our policy. -- SEAL Team SIX)
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