When McDonnell-Douglas was acquired by Boeing, Harry relocated to WA as a senior vice president. He was soon named CEO.
Harry's daughter lived in Chicago and they were very tight. He did not like taking four hour rides on the corporate jet to visit her. He arranged with the Board of Directors to move the Boeing Corporate Headquarters to Chicago.
Harry hit his mandatory retirement at 62 and named a hand picked successor. The new CEO did not work out and Harry was brought back from retirement temporarily by the BoD until its Executive Search Committee could find a replacement.
And then the crap hit the fan...66 year old Harry was caught playing the horizontal mambo with a 45 year old, married, female VP. The BoD asked and received Harry's resignation. Mrs. Stonecipher filed for divorce and got 50% of Harry's pension and perks. The female VP was fired and her husband divorced her.
That is why the Boeing Corporate Headquarters are in Chicago.
wow, that is some story. thanks for the background.
Let me correct that:
When McDonnell-Douglas bought Boeing with Boeing's money...