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Ousted Executives May Get Second Boot.

Knight Ridder/Tribune Business News, January, 2004

By Barbara Rose, Chicago Tribune Knight Ridder/Tribune Business News

Jan. 18--When Boeing Co. executive Michael Sears' promising career was derailed by his dismissal for unethical conduct in November, at least two of the many boards on which he served quickly dumped him.

World Business Chicago, though pained to see him go, delivered a letter of thanks for his service as Boeing's representative to the economic development agency. And Sprint Corp., the telephone company, immediately accepted his resignation.

Yet Sears, one of the area's most sought-after directors while he was Boeing's chief financial officer, continues as an unpaid trustee of such prominent institutions as Chicago's Field Museum and Washington University in St. Louis....

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