Saturday, March 12, 2005

Boeing CEO two-time loser

I'm usually not much for gossip, but I couldn't pass this one up.

Earlier in the week it was reported that Boeing's chief executive officer, Harry Stonecipher, had been forced to resign from the company for having an affair with a Boeing vice president.

According to a Chicago Tribune report by way of the Seattle Times, Stonecipher's wife of fifty years, Joan Stonecipher, has filed for divorce in Cook County Circuit Court in Chicago.

The couple had celebrated their 50th wedding anniversary just last month, according to another article in the Chicago Sun-Times.

Stonecipher resigned after he showed poor judgment and violated the company's code of conduct, according to a Boeing news release. So why hasn't the company extended the same action to the vice president, Debra Peabody, with whom he had his affair?

Of course, Stonecipher was the company's top executive, so his behavior reflects more directly on the company. But I believe Peabody, as another Boeing executive, should otherwise be judged by the same criteria.

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