- James McNerney
Walter James "Jim" McNerney, Jr., is an American
businessman . OnJune 30 ,2005 he was named theCEO of The Boeing Company. Prior to that, McNerney was theChairman and Chief Executive of3M . He had been a member of the Boeing board of directors since 2001. He is also a member of theboard of directors ofProcter & Gamble . McNerney is a current member of theNorthwestern University Board of Trustees.McNerney oversees the strategic direction of the
Chicago -based, $61.5 billionaerospace company. With more than 153,000 employees, Boeing is the largest manufacturer of commercial jetliners and military aircraft, with capabilities in rotorcraft, electronic and defense systems, missiles, satellites and advanced information and communications systems.From 2001 to 2005, McNerney held the position as chairman of the board and CEO of3M , a $20 billion global technology company with leading positions in electronics, telecommunications, industrial, consumer and office products, health care, safety and other businesses.McNerney joined
General Electric in 1982. There, he held top executive positions including president and CEO of GE Aircraft Engines and GE Lighting; president of GE Asia-Pacific; president and CEO of GE Electrical Distribution and Control; executive vice president of GE Capital, one of the world's largest financial service companies; and president of GE Information Services. McNerney competed withBob Nardelli andJeff Immelt to succeed the retiringJack Welch as chairman and CEO of General Electric. When Immelt won the three-way succession race, McNerney and Nardelli left GE (as was Welch's plan). Before joining GE, McNerney worked as a management consultant atMcKinsey from 1978 to 1982.In his spare time McNerney enjoys sailing with his family, golfing, and watching hockey, one of his favorite sports, on television.
After graduating from
New Trier High School in 1967cite web | title=The Hard Work In Leadership| publisher=BusinessWeek | url=http://www.businessweek.com/magazine/content/04_15/b3878012_mz001.htm | accessdate=2007-09-30] cite web | title=Lofty expectations await Boeing CEO| publisher=Crain's Chicago Business| url=http://chicagobusiness.com/cgi-bin/news.pl?id=17002 | accessdate=2007-09-30] , McNerney earned a B.A. degree fromYale University in 1971 and an M.B.A. fromHarvard University in 1975 [http://www.accessmylibrary.com/coms2/summary_0286-15300933_ITM] . During his tenure at Yale, McNerney excelled in two varsity sports, baseball and hockey. Between Yale and Harvard, he worked for a year at bothBritish United Provident and G. D. Searle & Co..
###Career Path
Procter & Gamble, 1975–1978, brand manager;
McKinsey & Company , 1978–1982, senior manager; GE Mobile Communications, 1982–1988, general manager; GE Information Services, 1988–1989, president; GE Financial Services and GE Capital, 1989–1991, executive vice president; GE Electrical Distribution and Control, 1991–1992, president and chief executive officer; GE Asia-Pacific, 1993–1995, president; GE Lighting, 1995–1997, president; GE Aircraft Engines, 1997–2000, president and chief executive officer; 3M, 2000–2005, chairman and chief executive officer. 2005- CEO of The Boeing Company.References
External links
* [http://www.boeing.com/companyoffices/aboutus/execprofiles/mcnerney.html W. James McNerney, Jr. executive biography]
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