Former Boeing CEO Phil Condit has joined the board of advisors for light sport aircraft manufacturer Icon Aircraft as it continues development of a two-seat seaplane. Condit suddenly resigned from Boeing in 2003 after seven years as CEO.
“The Icon A5 is an exceptional aircraft,” Condit said in a statement. “What first got my attention with Icon was the brilliant engineering I saw in the A5. But, what really got me involved with the company was Icon’s extraordinary team. Icon’s ability to execute across so many critical disciplines from design, to engineering, to marketing, to business leadership is truly exceptional.”
Condit became an advisor in late July. Other advisors are former NASA official Bruce Holmes, Stanford professor David Kelly who started a product design firm, Stanford manufacturing professor David Beech, Internet and emerging market expert Esther Dyson, and auto concept consultant Stewart Reed.
Icon directors include John Dorton, president of Mastercraft Boats; Vern Raburn, founder of Eclipse Aviation; and Jim Ellis, a Stanford University lecturer in management.
Icon was founded by Kirk Hawkins and Steen Strand who met while they were at Stanford University. Hawkins received a business degree from Stanford after attending a one-year program for mid-career executives with management experience.
Condit’s resignation from Boeing came amid an ethics scandal involving lower level managers. The company was accused of possessing stolen documents from Lockheed and of offering a job to a government employee during negotiations.