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Message to the Shareholders and Employees
of The Boeing Company
WE THANK PHIL FOR HIS LEADERSHIP AND MANY CONTRIBUTIONS TO BOEING
After nearly four decades of dedicated service, Phil Condit retired from The Boeing Company on March 1, 2004.
Joining Boeing as a young aerodynamics engineer on the Supersonic Transport program, Phil worked at the forefront of aircraft design and operations in almost 20 assignments that included every Boeing commercial airplane from the 737 to the 777. Most notably, he led the team that won the prestigious Collier Trophy for the creation of the Boeing 777 airplane, which pioneered integrated "design-and-build" teams, electronic preassembly of the entire airplane and the Boeing "working together" management philosophy.
During his tenure as Chairman and CEO, Phil set the strategic vision for the company, charting a new course for Boeing to ensure its competitiveness in the 21st century. He became the architect for Boeing’s transformation into a balanced, broad-based and global aerospace company capable of leading in all of its markets. Through strategic acquisitions and mergers and by stimulating growth in our existing businesses, he oversaw Boeing’s development into the world’s largest aerospace company, more than doubling revenues from $22.7 billion in 1996 to more than $50 billion annually.
Phil—a proponent of lifelong learning—passionately taught the next generation of leaders at the Boeing Leadership Center and spearheaded the Learning Together Program to pay for continuing education, regardless of field of study, for all employees. As a visionary leader, he also advanced national educational standards, served as a corporate ambassador for trade reform and encouraged increased global dialog to meet the challenges of the 21st century.