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Condit instead went looking for complementary matches to Boeing's core business of commercial aircraft.

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Q: How did Philip Condit diversify Boeing's business?
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When was Philip Condit born?

Philip Condit was born on August 2nd, 1941.


When was Philip M. Condit born?

Philip M. Condit was born in 1941.


Where was Philip Condit born?

Philip Condit was born in Berkeley, California in the United States.


What new business did Philip Condit create at Boeing?

Since about 85 percent of the world's airliners had been built by Boeing, Condit began a new business dedicated to maintaining the aircraft for their owners, a business that had the potential to earn $74 billion a year.


What change did Philip Condit make at Boeing in 2001?

On March 12, 2001, Condit announced that he was moving Boeing's headquarters out of Seattle. He said he wanted to keep management out of day-to-day business operations


What fellowship did Philip Condit earn?

In 1974 Condit won a fellowship to the Sloan School of Management at MIT, where he earned an MS in management in 1975.


What acquisitions did Philip Condit engineer?

He had Boeing buy Rockwell's space-related manufacturing business, and in December 1996 he engineered Boeing's takeover of McDonnell Douglas.


Why was Philip Condit criticized?

Condit was criticized for being timid and having Stonecipher do most of the tough, unpleasant work of disciplining employees and setting standards of behavior that Condit himself should have been doing


When did Philip Condit start work at Boeing?

In 1965 Condit received an MS in aeronautical engineering from Princeton University and accepted a job at Boeing in Seattle.


Why was Philip Condit criticized by Wall Street analysts?

for Boeing's seeming to have overpaid for McDonnell Douglas and for Rockwell's space business, as well as for the falling value of Boeing's stock.


Why did Philip Condit fail at marriage?

On January 25, 1963, Condit married Madeleine K. Bryant, but his relentless dedication to work soured this and his subsequent marriages.


When did Philip Condit become chief executive officer of Boeing?

In April 1996 Condit became chief executive officer (CEO), replacing Frank Shrontz.