Philip M. Condit

Philip Murray Condit (born August 2, 1941) is an American engineer and businessman who was Chair and Chief executive officer (CEO) of the Boeing company from 1996 to 2003.

He dramatically reshaped the company by its merger with McDonnell Douglas and relocating Boeing's headquarters from Seattle to Chicago.

He resigned one week after firing Chief Financial Officer Michael M. Sears and Vice President Darleen Druyun when an internal investigation determined that the two had discussed a job for Druyun while she was still an Air Force procurement officer helping pass judgment on proposed Boeing contracts.

[4][5] A member of the Boeing board, Lewis E. Platt, said that Boeing initially declined Condit's offer to step down, but relented after agreeing with Condit that his departure would help give the company a fresh start with its biggest customer, the U.S.

[7] Boeing acquired Rockwell Aerospace and Hughes Space & Communications, then performed a merger with the McDonnell Douglas company in 1997.

After the September 11 attacks there was a nearly 20% decline in North American air travel, which created severe financial problems for both Boeing and the U.S. airline industry.

[citation needed] Condit is a member of the National Executive Board of the Boy Scouts of America, the organization's governing body.