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The Associated Press January 10, 2011, 6:54PM ET

Daley resigns from Boeing, Abbott boards

Boeing Co. and Abbott Laboratories said on Monday William M. Daley, newly appointed as President Barack Obama's chief of staff, has resigned from their boards of directors.

Daley had been on Boeing's board since 2006, and was a member of its finance and special programs committees. Boeing said Daley resigned on Friday, the day after the announcement of his new job.

Daley had been a director at Merck & Co. until 2004.

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