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> There is a famous paper about the location of company headquarters: they get as close as possible to the residence of company CEOs. Boeing. That's what kille
by Animats 2y ago
> There is a famous paper about the location of company headquarters: they get as close as possible to the residence of company CEOs.
Boeing. That's what killed Boeing - moving HQ from the factory in Renton, WA to Chicago. Boeing has no plants anywhere near Chicago. But Dave Calhoun, the previous CEO lived in Chicago. He previously was the head of Nielsen, the TV ratings and marketing company, which has been in Chicago for a century.
It took far too long, but Calhoun is finally being eased out. Not fired outright, which would have been appropriate.
- kevin_thibedeau 2y agoThe move to Chicago was made by Condit. Ostensibly it was just a cover to stay far away from the wife while he kept his mistress shacked up at the HQ.
- Animats 2y agoOh, right. That was around the time of the strange merger with McDonnell Douglas. Somehow, the finance people from McDonnell Douglas ended up in charge. That didn't go well.
- fabrikam 2y agoAccording to Wikipedia, Boeing moved its headquarters in 2001, a mere two decades before he became CEO, and the nearly half dozen that preceded him.