A former CFO of
has pled guilty to a federal charge relating to the company's conflict-of-interest scandal.
Michael Sears pled guilty Monday to one felony count related to Boeing's hiring of former Air Force acquisitions official Darleen Druyun, according to documents filed in the United States District Court for Eastern District of Virginia.
Last month, former Defense Department acquisition official Darleen Druyun received a nine-month prison sentence after she admitted favoring Boeing while negotiating a $250,000 job with the company. Druyun had pleaded guilty to a federal conspiracy charge in April.
Last November, Boeing fired Druyun and Sears for unethical behavior. The scandal also forced the resignation of former CEO Phil Condit.
In a statement Monday, Boeing said of the court proceedings: "Today's action brings this matter one step closer to closure. The Boeing Company will continue to provide any information requested in the ongoing review of Druyun-related procurements and to take appropriate action to finally resolve this matter."
Boeing added that the resolution of the court case reinforces the company's position that "no Boeing executive other than Mr. Sears engaged in any wrongdoing in connection with Ms. Druyun's hiring."
Sentencing is scheduled for Jan. 21, 2005.
Boeing shares were down 4 cents at $53.89.