Wednesday, March 09, 2005

An affair to remember

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'Harry Stonecipher was forced to resign as Boeing's CEO because of what the company calls an improper relationship with a female executive'

Boeing Co. forced its chief executive to resign after an investigation uncovered that he had an affair with a female employee.Harry C. Stonecipher, 68, had rejoined Boeing from retirement 15 months ago to help repair the aerospace giant's reputation after a string of military procurement scandals led to the resignation of his predecessor.

It was another embarrassing blow for Chicago-based Boeing, whose former chief financial officer Michael M. Sears was sentenced to four months in prison last month for illegally negotiating a job at the company for a former Air Force procurement official who admitted showing Boeing favoritism for years.

The woman did not work directly for Stonecipher, and he did not show her preferential treatment, company officials said. The executive is "several levels down in the company," said an official.

Ouch...The personal life space affected one's professional space and things got messed up.

Did he do anything wrong? Am not sure..What do I say...Was watching TV at the service station when my car was being repaired where I saw some discussion happening in the TV.


Here are some stats of a survey they showed on TV:

56% of Americans at some time in their career have an affair with a co-worker.
18% of Americans have an affair with a superior official at work.


I and my friend were having a discussion wondering whether Boeing did the right thing.Something like this happening in India would definitely hog the limelight and is a big NO.But in America. ?


Do you agree Boeing's CEO should have been ousted for his relationship with a female executive?


Vote here . The results are pretty interesting.

Do share ur comments.

1 Comments:

At 9:40 AM, Blogger Antimatter said...

No, u're right. That was America, and remember Mr. Clinton and his...guess what, 'affairs' and not relationships.....

Boeing didnt talk about him abusing his power, did they?

I thin k the board wanted him out, cos someone realized they did a mistake getting him back on, and at the same time, got to know of his interest.

That's my 2 cent story, though. And I bet you'll get a lot of similar 2 cent stories.

:)

 

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