Business Context and Reporting Period
This Form 8-K Current Report was filed by The Boeing Company on December 15, 2008. The filing addresses corporate governance changes, specifically the resignation of a director and a corresponding amendment to the Company's By-Laws.
Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document is limited to reporting on the departure of a director and bylaw amendments.
Material Changes
- Director Resignation: The Board accepted the resignation of retired Marine Corps Gen. James L. Jones, effective December 15, 2008. Gen. Jones resigned to serve as National Security Adviser to President-elect Barack Obama.
- By-Law Amendment: The Board approved an amendment to Article II, Section 1 of the By-Laws to decrease the number of directors from ten to nine, reflecting Gen. Jones's departure.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding financial guidance, future outlook, risks, contingencies, or unusual items. The document strictly reports on the personnel change and the procedural update to the By-Laws.
Key Facts for Investor Verification
- Gen. James L. Jones has resigned from the Board of Directors.
- The Board size has been reduced from ten to nine directors.
- The resignation was voluntary and in accordance with Corporate Governance Principles due to a change in occupation.
- Amended By-Laws are filed as Exhibit 3.2.