Business Journal's New Column Debuts with Phil Condit Interview; Ousted CEO Tells Columnist Patti Payne about Life after Boeing.Business Editors SEATTLE--(BUSINESS WIRE)--Jan. 30, 2004 Former Boeing Co. chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Phil Condit compares his abrupt departure from the aerospace giant to "an airplane crash...a series of unrelated events" that combined to create a crisis for him and the company. In his first extensive interview since resigning in early December, Condit tells Puget Sound Puget Sound (py `jĕt), arm of the Pacific Ocean, NW Wash., connected with the Pacific by Juan de Fuca Strait, entered through the Admiralty Inlet and extending in two arms c. Business Journal columnist Patti Payne he is putting the corporate world behind him. He shares his feelings about Boeing, and discusses plans for re-establishing himself in the Seattle area with nonprofit activities and personal projects. The Condit interview marks the debut of longtime local journalist Patti Payne's new column in Puget Sound Business Journal, the region's business newspaper. Every week, "Behind the Scenes" will bring readers fresh insights into the activities and personalities of Puget Sound's leading business people. "It was a helpless feeling" as the Boeing board orchestrated or·ches·trate tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates 1. To compose or arrange (music) for performance by an orchestra. 2. his resignation, says Condit, but he's come to terms with the ouster ouster n. 1) the wrongful dispossession (putting out) of a rightful owner or tenant of real property, forcing the party pushed out of the premises to bring a lawsuit to regain possession. . "If your ego gets tangled up (with the job), then you're devastated dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. , and I'm not," he says. Payne's full interview with Condit appears in today's issue of Puget Sound Business Journal (Jan. 30). |
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