In a memo this afternoon, the executive whose affair with former CEO Harry Stonecipher last week led to his resignation has voluntarily left the company.

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Boeing announced in a memo to employees this afternoon that the female executive whose affair with former CEO Harry Stonecipher last week led to his resignation has voluntarily left the company.

Boeing completed an investigation into whether the executive had misused any company resources during the affair with Stonecipher, the memo said. However, the company is not disclosing its outcome.

“By mutual agreement, neither Boeing nor the former executive is releasing further information,” the memo said.

An earlier investigation into Stonecipher’s part in the affair had concluded that he had made no improper use of expense accounts or company property and that he had not influenced the woman’s career or compensation.

Although Boeing business operations were unaffected by the relationship, the board ousted Stonecipher because of the potential impact on its image.

Insiders familiar with the board’s actions said that a series of explicit and graphic e-mails exchanged during the affair would have embarrassed the company if made public.

In the face of widespread initial skepticism, insiders assert that there is no further hidden reason behind the board’s action.

The female executive, who was not named by Boeing, resigned as of yesterday. Though other media outlets have published the woman’s name, the Seattle Times decided not to do so out of regard for her privacy.

Stonecipher’s wife filed for divorce days after news of the affair was made public.