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Another CEO Pays the Fiddler

By BFilmFan ·
Another CEO brought in to clean up the house is discovered to be ethically corrupt! Does this really suprise anyone outside of upper management of Fortune 1000 organizations, stock brokers and financial reporters?

What I did find amusing were the talking heads running around talking about how much money he was making for the company. The days of the upper management getting a free ride on ethics just because everyone is making money at publicly traded companies is over.

The current organization that I am with has such a strict code of behavior that as a consultant I can't even take my co-workers out to lunch! While I personally think that is a bit extreme, it does prevent the occurrence of questionable actions.

As Bob Dylan sang, "The Times They Are A Changin'!"

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You're talking about the Boeing CEO right?

by TomSal In reply to Another CEO Pays the Fidd ...

I agree with you. I think the CEO should be canned for his conduct, the problem I have with this situation is the woman he was having an affair with was another Boeing employee and she gets to keep her job. What's more they (the media) protect the woman's identity but they are all over the CEO of Boeing.

Don't read this post wrong -- I AM NOT DEFENDING THE CEO. I am saying if he gets his ID dragged through the mud over this and gets fired -- so should the woman involved!

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If not sexual harrassment

by BHunsinger In reply to You're talking about the ...

by which I include favors for sex advancement, et cetera, et cetera, et cetera, then it's no ones business unless in direct violation of Boeing's policies. Even then, iti is not the worlds business. If sexual harrasment, fire him up.
The dear shareholders are the justification for corporate america spends thier lives living and breathing the organization. Loving happens too, get over it. His wife,if any will clean his clock.

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Pretty Much

by TomSal In reply to If not sexual harrassment

I'd normally agree with you on such matters it really isn't anyone's "bee's wax" as my niece likes to say. But my belief is what is good for the goose is good for the gander. The CEO (who is married and has 2 kids from what I understand) was forced to resigned its not an "if that is the case then he should lose his job"..he did lose his job. Btw, he is still getting his golden parachute and no penalities applied to his pension whatsoever.

Anyway, if they string out this guy to dry they should do the same to the woman. If its no one's business or not, whatever your ethical stand is on stuff like this, really is not the point. The point is where is the equality in this situation?

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Hmmm

by maecuff In reply to You're talking about the ...

I'm not saying that I disagree, but traditionally, in that particular situation, the man in management keeps his job and the woman is out.

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Both Have To Go

by BFilmFan In reply to You're talking about the ...

I agree with you. Both the CEo and his debutante knew he was married and for all we know, she is married too. They are both guilty of violating the morals clause of their employee agreement.

If you are a senior officer of a company, you have a duty to yourself, your family, your peers, your nation and your fellow human beings to live to a higher standard than others around you. You set an example for others to follow.

My personal thoughts are best echoed in the words of Uncle Ben to Peter Parker, "With great power comes great responsibilty." (Which is one of the ten best quotes from a comic book, which proves they are truly literature. Thank you Stan Lee!)

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Can't say I agree with Boeing's decision...

by Jessie In reply to You're talking about the ...

Personally, I think this was something for the CEO's wife to take him to task on, and not anybody else's business. I've never believed that a person's sexual escapades reflected on their ability to do a job... it certainly reflects on their ability to earn my complete trust and respect, but I don't think it means they can't get the job done.

Also, according to the article I read, http://money.cnn.com/2005/03/07/news/fortune500/boeing_ceo/ Boeing was doing this to prevent a scandal... but didn't they just CAUSE one? This could easily have been handled with a one-on-one meeting with the board where they told him, "It ends now, or else." And it could have been kept very quiet, especially given the issues that Boeing has been having in recent years, and the apparent good that Stonecipher's been doing.

I just don't think this decision made good business sense.

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Robert also sang if you can call it that

by HAL 9000 Moderator In reply to Another CEO Pays the Fidd ...

Steal a little and they will throw you in jail,

Steal a lot and they will make you King.

It's all still about right.

Col ]:)

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Crazy irony isn't it?

by TomSal In reply to Robert also sang if you c ...

Similar to another "ironic truth" if you will..

Kill someone you are a murderer.

Kill a few you are a serial killer.

But Kill them all and you are a conqueror.

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And then of course, there's...

by Jessie In reply to Crazy irony isn't it?

Kill a fetus, you're a doctor.

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