Boeing CEO fired for affair

[breakingnews]

Apparently Stonecipher was a "forceful" leader who was a big proponent of ethical behavior. Nothing in their ethics code (according to notes here) says anything about company-cest, but the board decided his actions would compromise his integrity.

However, Platt said, Stonecipher acknowledged the affair and the company concluded that his behavior violated a code which states that Boeing employees will not engage in conduct or activity that might raise questions about its honesty, impartiality or integrity.

"The board concluded that the facts reflected poorly on Harry's judgment and would impair his ability to lead the company," he said.

You're a leader of a major corporation (you are a leader of any company, for that matter). Poor judgment will inevitably lead to dissention in the ranks. Not surprised they kicked his ass out. No witch-hunting here: Just protection from liability and an effort to skirt anything that might marr the company's already failing reputation.