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Jewish World Review March 10, 2005 / 29 Adar I, 5765
Froma Harrop
Boeing CEO disgraces Corporate America by actions, not only self
http://www.JewishWorldReview.com |
He did not get fired for love or whatever it was. Boeing made
that point clear. Its chief executive, Harry Stonecipher, got the boot
because his extramarital affair showed poor judgment and might embarrass the
company.
At age 68, Stonecipher was no young buck. And he apparently
exchanged some raunchy e-mails. You can imagine the Viagra jokes.
Again, this was not about sex, or cheating on one's wife, or
playing the old fool. It was about reckless endangerment of Boeing's good
name, just as its reputation was emerging from the intensive-care unit. Most
American companies look the other way when an employee hooks up sexually
with a co-worker. This was a special case.
But let it be something more. Let this be a message for
America's business leaders: The world is not your harem. Your love life says
something about how you regard your female workers and consumers. (Women
executives don't need to be told this. Female managers who routinely fool
around with their male underlings would be considered somewhat strange.
We're all flawed people. Some spouses have affairs and return
home as loving helpmates. Marriages break up, and divorce no longer
disqualifies one for the top job. But even by today's relaxed standards,
there is personal conduct that hiring committees must regard as evidence of
deep neurosis.
And so you wonder about Boeing. Its previous CEO, Phil Condit,
had swashbuckled through four marriages and numerous affairs some with
Boeing employees. How could Boeing have put such a personally unstable man
in charge? Condit was apparently a brilliant engineer. Fine, give him an
office and a drawing board, then padlock the door. Making him leader over
160,000 employees, many female, was an act of insanity.
Bad things happened to Boeing on Condit's watch. A high
executive allegedly offered a job to an Air Force officer, while trying to
sell her a big airplane-tanker deal. Boeing was also found with stolen
documents from rival Lockheed Martin. Two Boeing executives went to jail.
On top of that, Boeing was hit with a class-action suit accusing
it of underpaying and under-promoting female employees. What company would
want to defend itself in a sex-discrimination suit with its CEO marauding
the female office pool?
Condit was shown the door in December 2003. Boeing desperately
needed someone who could restore some ethical standards. Harry Stonecipher
seemed to fill the bill. He was a "no-nonsense guy,'' according to his fans.
And under Stonecipher, Boeing appeared to be on a roll. The
Pentagon had just lifted an ethics-related ban on bidding for Air Force
rocket-launching contracts. And after Condit left, the company's stock price
rose more than 50 percent.
Boeing has to consider the awful possibility that its new chief
executive didn't take the job all that seriously. For starters, Stonecipher
had been dragged out of retirement to take the helm. He was to retire soon
again in May of next year. Perhaps he just regarded the Boeing job as a
lark, a means to amass a few extra million between games of golf and
afternoon romance.
When a board member asked him about the affair, he virtually
shrugged. Sure, he was having an affair. And the even lowest member of
middle management knows not to put incriminating evidence whether
business-related or love talk into office e-mails. Boeing was already in
hot water over internal e-mail related to the procurement scandal.
When asked whether he had advanced his lover's career,
Stonecipher said, "absolutely false." Well, no board should have had to ask
such questions, above all Boeing's.
It would appear that Stonecipher just didn't care. He said he
fully understood Boeing's decision to show him the door. And as one of
Boeing's biggest shareholders, Stonecipher profits from his own firing.
This is the 21st century, when American workers spend long hours
on the job. Corporate America has tried hard to update its rules to allow
affairs in the office assuming that one trysting partner doesn't report
to the other in the chain of command. That such behavior squeaks by
corporate guidelines doesn't make it smart. Some male executives may miss
the days when they could regard their female workers as ripe for the
picking. Viagra or no, those days are over.
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