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Boeing CFO Bell to retire April 1 after long career

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The Boeing Co.'s chief financial officer, James Bell, will retire April 1, the company said Tuesday. "James Bell's service to Boeing has been extraordinary in many ways over many years," Jim McNerney, Boeing's chief executive, said in a statement. "As CFO he created a world-class finance organization and a culture of continuous improvement." Bell, 63, has served as CFO since 2003. His career spans a wide spectrum of assignments and roles across Boeing. Greg Smith, 45, corporate controller and finance vice president, has been elected by Boeing's board of directors to succeed Bell as executive vice president and chief financial officer effective Feb. 1, 2012.
Black Press buys peninsula paper
The Port Angeles daily newspaper, the Peninsula Daily News, has been sold to Black Press Ltd. of Victoria, B.C. The paper will be printed on its Sound Publishing press in Everett. Twenty press and mail room employees in Port Angeles will be laid off Nov. 14. Black Press also announced Monday that it has purchased Olympic View Publishing Co., which owns the Sequim Gazette and Forks Forum weekly papers. Sound Publishing, a division of Black Press, owns many Washington state papers, including the Marysville Globe, the Arlington Times, the Whidbey News-Times and the South Whidbey Record.
Federal judge adds to Longview union fine
A federal judge has fined a Longshore union another $65,000 for blocking a train in Longview. That brings the total fine to more than $300,000. U.S. District Judge Ronald Leighton said Tuesday that the union violated an injunction in the mobilization Sept. 21. He had previously fined the union for protests, although the union has since appealed that ruling. The latest fine includes money for the National Labor Relations Board, terminal operator EGT and various law enforcement agencies. ILWU plans to appeal the decision.
Everett aircraft firm named in crash suit
The family of a Texas man killed when a racing aircraft crashed into spectators in the National Championship Air Races in Reno filed a $25 million lawsuit Tuesday against the pilot's family, a mechanic on the World War II-era aircraft and the Nevada organization that hosted the event. The lawsuit filed in Collin County, Texas, is believed to be the first stemming from the Sept. 16 crash of pilot Jimmy Leeward's P-51D Mustang during air races at Reno-Stead Airport. Eleven people died, including Leeward, 74, of Ocala, Fla. At least 74 were hurt. Leeward's son, Kent Leeward, declined to comment on the lawsuit, which names Texas-based mechanic Richard Shanholtzer Jr., the Reno Air Racing Association, another Leeward son, Dirk Leeward, Leeward Racing Inc. and family corporations in Florida, and Aeroacoustics Inc., an aircraft parts maker in Everett.
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Story tags » Accidents (general)BoeingMedia



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