CHICAGO, Aug. 20 /PRNewswire-FirstCall/ -- The Boeing Company today named
Paul Walters to the new position of regional vice president, Southeast Asia,
The Boeing Company. Walters will be responsible for coordinating all company
business activities in a number of countries in the region.
"Asia is a vibrant, growing economic power and home to an increasing
number of important customers and partners. Paul will help us to further
develop these relationships," said Phil Condit, chairman and chief executive
officer - The Boeing Company.
Based in Kuala Lumpur at the Boeing-Southeast Asia headquarters, Walters
will help expand Boeing's profile and presence in the region beyond Singapore
and Malaysia, where Boeing is now well-represented. Walter's mission is to
lead and facilitate Boeing's strategy and globalization process in Southeast
Asia.
Boeing works closely with Asian aerospace industry organizations and the
region's armed forces and leading airlines. From a manufacturing joint venture
in Malaysia, to commercial airplane sales in Thailand and Vietnam and
satellite sales in Indonesia, Boeing business interests in the region are
numerable and growing.
"The strength of the region, coupled with its inherent growth prospects,
provide us with an excellent opportunity to expand our globalization
initiatives in a meaningful way," said Tom Pickering, Boeing senior vice
president, International Relations.
Most recently, Walters was vice president-Asia, Boeing Space Systems
International Service Company, the international marketing division of Boeing
Satellite Systems, and a subsidiary of The Boeing Company, based in Kuala
Lumpur.
Walters retired from the U.S. Senior Foreign Service in 1995 to join the
Government Investment Management Corporation as managing director for Asia. He
joined Hughes Electronics International Corporation in 1996 as regional
director, Southeast Asia for Telecommunications Business Development. Boeing
purchased Hughes Space and Communications in October 2000.
Walters' international experience began with his entry into the Peace
Corps in Malaysia, then to the U.S. Agency for International Development in
Vietnam. His career in the U.S. Foreign Service spanned a range of senior
commercial and economic assignments in U.S. embassies in Kenya, Malaysia, the
Philippines, Hong Kong and Indonesia. He also served as an international
economist in the U.S. State Department.
Born in Columbus, Ohio, in 1944, Walters graduated with a Bachelor of
Science degree in Business Administration from Ohio State University in 1966.
In 1979, he graduated from an Advanced Course in Economics from the U.S.
Department of State Foreign Service Institute.
The Boeing Company (NYSE: BA) is the largest aerospace company in the
world and the United States' leading exporter. It is NASA's largest
contractor and the largest manufacturer of commercial jetliners and military
aircraft. The company's capabilities in aerospace also include rotorcraft,
electronic and defense systems, missiles, rocket engines, launch vehicles,
satellites, and advanced information and communication systems. The company
has an extensive global reach with customers in 145 countries.
SOURCE Boeing Company
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