Boeing's board has elected Kenneth Duberstein as lead director, replacing Lewis Platt, who died in September.
Boeing’s board has elected Kenneth Duberstein as lead director, replacing Lewis Platt, who died in September.
Duberstein, 61, has been on the company’s board since 1997. He’s chairman and chief executive officer of the Duberstein Group, a Washington-based lobbying firm, and was President Reagan’s chief of staff in 1988-89. Boeing can use good D.C. connections to help on defense programs important to the company.
SPEEA in Wichita to vote on new offer
Members of Boeing’s engineering union in Wichita, Kan., who rejected a contract offer earlier this month, will vote Tuesday on a new offer.
Leaders of the Society of Professional Engineering Employees in Aerospace is not recommending a vote either way.
As the union requested, the new offer reduces the term of the contract offer from four to three years, so the Wichita unit’s negotiations remain synchronized with those in the Puget Sound region. But it doesn’t improve the compensation offer and still removes early-retiree medical coverage for employees hired after 2006.
Targeted Genetics CEO joins board
The Federal Reserve Bank of San Francisco has appointed H. Stewart Parker, president and CEO of Seattle biotech Targeted Genetics, to a three-year term on the board of its Seattle branch beginning Jan. 1. She succeeds outgoing director Mary Pugh, president of Pugh Capital Management.
Also Thursday, Seattle attorney David K.Y. Tang, who sits on the San Francisco bank’s board, was designated board chairman. The San Francisco bank’s territory includes the Seattle branch; their boards are separate. Tang is a partner at Preston Gates & Ellis.MSNBC.com
Sizemore promoted at MSNBC.com
Former newspaper editor Jennifer Sizemore has been named managing editor of MSNBC.com and executive producer of NBC News, the companies said Thursday.
Sizemore, 37, joined the Redmond-based online news venture between Microsoft and NBC in July as deputy news editor. She had been an editor at the Houston Chronicle, Seattle Post-Intelligencer and Rochester (N.Y.) Democrat and Chronicle.
Company to trim 770 jobs in Canada
Weyerhaeuser will shut some Canadian operations, shedding 770 jobs.
One of two paper machines in Dryden, Ontario, will be shut April 1, the Federal Way company said Thursday. Paper production at a plant in Prince Albert, Saskatchewan, will be halted at the end of the year, and the plant’s pulp mill will stop operating in mid-2006.
Compiled from Seattle Times staff and Bloomberg News