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CONDIT ELECTED BOEING PRESIDENT; MULALLY TO HEAD 777 PROGRAM

 CONDIT ELECTED BOEING PRESIDENT; MULALLY TO HEAD 777 PROGRAM
 SEATTLE, Aug. 31 /PRNewswire/ -- Philip M. Condit, 51, has been elected president of The Boeing Co. (NYSE: BA) and a member of the board of directors. His election, which is effective immediately, was announced by Frank Shrontz, Boeing chairman and chief executive officer, following today's regular board meeting. Condit, who was an executive vice president of Boeing Commercial Airplane Group and general manager of Boeing's 777 Division, will be succeeded by Alan R. Mulally, 47, as vice president and general manager of the 777
Division. Mulally was vice president - engineering for the 777 Division.
 Reporting to Condit will be Boeing's three product organizations (Boeing Commercial Airplane Group, Boeing Defense & Space Group and Boeing Computer Services); the corporate senior vice presidents who head the engineering and operations functions companywide; and the corporate vice president of continuous quality improvement.
 Shrontz said, "Phil Condit has held major management assignments in engineering, production, sales and marketing within Boeing Commercial Airplane Group. His demonstrated performance and breadth of management experience ideally suits him to become Boeing president and assume senior management responsibility for all our product operations.
 "The 777 program is well in hand and positioned for a smooth transition of leadership. More than 60 percent of the engineering requirements have been released, and the program is looking very strong," Shrontz said.
 The office of president had been unfilled since 1988. Condit's election to the board of directors expands the group to 14 members.
 Condit began his Boeing career in 1965 as an aerodynamics engineer on the
Supersonic Transport (SST) program. He is most closely associated with the 757 airplane program, where from 1978 until 1984 he held positions as chief project engineer, director of 757 engineering and vice president - 757 Division.
 From 1984 to 1986 he was vice president - sales and marketing for the Commercial Airplane Group. In 1986 he became a group executive vice president, responsible for all manufacturing, engineering, product development, customer services and government technical liaison operations within the Commercial Airplane Group. In 1989, while a group executive vice president, he also became general manager of the 777 division.
 Condit earned a bachelor of science degree in mechanical engineering from the University of California at Berkeley and holds master's degrees in aeronautical engineering from Princeton University and management from Massachusetts Institute of Technology, where he was a Sloan Fellow.
 He is a recipient of the 1984 American Institute of Aeronautics and Astronautics (AIAA) National Aircraft Design Award for his contributions to the 757 airplane program.
 Condit is a member of the U.S. National Academy of Engineering; a fellow of the American Institute of Aeronautics and Astronautics; a fellow of the Royal Aeronautical Society; and a member of the Society of Automotive Engineers.
 Mulally began his Boeing career in 1969 and has held engineering management positions on the 727, 737, 747 and 767 airplane programs. He became vice president - engineering on the 777 program in late 1989.
 He has a bachelor's and a master's degree in aeronautical and astronautical engineering from the University of Kansas, and a master's degree in management from MIT, where he was a Sloan Fellow.
 In 1978 he was honored as the Engineering Employee of the Year by Boeing and Industry Engineer of the Year by the National Society of Professional Engineers. He is an associate fellow of the American Institute of Aeronautics and Astronautics, and a member of the Aeronautics Advisory Committee of the National Aeronautics and Space Administration.
 -0- 8/31/92
 /CONTACT: Paul Binder, Russ Young or Sherry Nebel of The Boeing Co., 206-655-6123/
 (BA) CO: The Boeing Co.; Boeing Commercial Airplane Group; Boeing
 777 Division ST: Washington IN: AIR ARO SU: PER


SC -- SE003 -- 7032 09/08/92 13:11 EDT
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Publication:PR Newswire
Date:Sep 8, 1992
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