The Boeing Company
announced today the creation of a new Office of Internal Governance, reporting
directly to Phil Condit, chairman and CEO. Boeing Senior Vice President
Bonnie W. Soodik, currently president of Shared Services Group, will lead the
new organization. In her new role Soodik will have responsibility for:
Internal Audit, Ethics, Import-Export Compliance, Foreign Sales Consultants,
and Sarbanes-Oxley governance requirements.
“Today’s action reflects the full agreement of our board and our senior
management team that the commitment to these important areas must be set at
the very top,” Condit said. “Creating this key office and putting Bonnie
Soodik in charge sends an important message throughout the Boeing organization
and to all those with whom we do business: that we will conduct ourselves
according to the highest standards in every aspect of our business. Our action
is the outcome of an internal analysis as well as external input regarding the
most effective approach to the broad subject of internal governance.”
Soodik, 53, has been leading a 16,000-person, $3 billion business unit
headquartered in Bellevue, Wash. Shared Services Group provides common cost-
effective services across Boeing, allowing the company’s revenue-generating
business units to focus on running and growing their businesses.
“In Bonnie we have an individual whose personal character, leadership
qualities and business experience make her the ideal executive to pioneer this
effort for us,” Condit said. “She will help me ensure that doing the right
thing is understood to be the standard for every Boeing employee and Boeing
contractor.”
Richard D. Stephens, 51, will be promoted to Boeing senior vice president
and replace Soodik as president of the Shared Services unit. In this position
he will be responsible for providing cross-enterprise services, including
global computing and network, payroll, employee programs and benefits,
security and fire protection, safety, travel, facilities and real estate, and
non-production procurement.
Stephens currently is vice president and general manager of Homeland
Security and Services for Boeing Integrated Defense Systems.
“Rick has led a number of Boeing businesses and brings wide-ranging
knowledge of how Shared Services can help our bottom line by providing cost-
effective services to the operating units,” Condit said. “He will make an
excellent addition to our executive council.”
Soodik joined McDonnell Douglas Automation Company in 1977 and progressed
through a series of management, operations, quality assurance and leadership
positions at Douglas Aircraft, McDonnell Douglas Space Systems and Boeing
Space and Communications. In 2001, she became vice president of People for
Boeing’s Space and Communications unit. She became president of Shared
Services Group in 2002.
A native of New Jersey, Soodik has a bachelor’s degree in psychology from
George Washington University and a master’s of science degree in
administration from California State University. She is also a graduate of
the Advanced Management Institute of Claremont Graduate School.
Stephens has held numerous leadership and management positions during his
20-year career with Boeing and its acquired companies. Prior to his current
position, he led Space and Communications Services. A Native American,
Stephens served as chairman of the Pala Band of Missions from 1988-1989. He
earned his bachelor’s degree in mathematics at the University of Southern
California and has a master’s degree in computer science from California State
University.
Boeing is the world’s leading aerospace company, with 2002 revenues of
$54 billion and more than 150,000 employees worldwide.
