Well they didn't do it for better weather, lower cost of living, or lower taxes, so SOMEBODY got a good deal SOMEWHERE....
Well they didn't do it for better weather, lower cost of living, or lower taxes, so SOMEBODY got a good deal SOMEWHERE...”
You're quite correct and that someone has a name: former CEO Harry Stonecipher, captain of industry. Stoncipher started at GE, moved to Sundstrand Aerospace, then moved to McDonnell-Douglas, and finally to Boeing. As CEO of Boeing, he engineered the move to Chicago. Why, BECAUSE his daughter lived in Chicago and he didn't want to waste four hours each way on the corporate jet visiting her. Harry got the Boeing Board of Directors to move Boeing Corporate HQ to Chicago.
When Harry hit mandatory retirement at age 62, he handpicked a successor and stepped down. About 18 to 24 months later, the Boeing BOD asked his successor to resign and brought Harry back on a temporary basis until the Executive Search Committee could hire a new CEO.
During his second tenure as CEO, Harry got caught playing the horizontal mambo with a 45-year-old married female Senior VP. The Boeing BOD asked for Harry's resignation, the Senior VP was fired, her husband sued her for divorce, Mrs. Stonecipher sued Harry for divorce. In the end, the Mrs. got 50% of everything Harry had, including all his perks as a former Boeing CEO.
Boeing Corporate HQ in Chicago remains as a monument to Harry's egomania.