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Boeing Director William M. Daley Resigns Board Seat

Heading To DC As President Obama's Chief Of Staff

The Boeing board of directors accepted the resignation of director William M. Daley on Monday. Daley submitted his request to resign January 7 following his appointment as U.S. President Barack Obama's chief of staff.

"All of us at Boeing thank Bill for his contributions to our company and wish him well as he tackles this next phase of his exemplary public service career," said Chairman, President and Chief Executive Jim McNerney.

The resignation is effective as of Jan. 7. Daley, 62, joined the board in 2006. His public career includes serving as President Bill Clinton's Commerce secretary from Jan. 1997, to July, 2000.

FMI: www.whitehouse.gov, www.boeing.com

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