Boeing CEO Jim McNerney apologized Friday in a companywide message for telling analysts this week that he won’t retire after turning 65 next month because “the heart will still be beating, the employees will still be cowering.”
McNerney’s message called the remark, made Wednesday at the end of a conference call about the company’s quarterly results, “a joke gone bad.”
The comment incensed many workers, and the company’s unions were quick to pounce on it.
Machinists union international President Tom Buffenbarger issued a statement Friday decrying the “unfunny and unnecessary remarks” as a “reminder that the Jack Welch style of anti-personnel management is still alive and well at Boeing.”
Too Bad - It would be nice if he just went away. I think the Board should send in security to have him removed. Yet I firmly believe the Board back its Chairman, and not the Stakeholders and Shareholders. It is called blind loyalty.