Captoveur From , joined Dec 1969, posts, RR: Reply 2, posted (8 years 3 months 1 week 3 days 15 hours ago) and read 1121 times:
I get the impression from the article on Reuters she didn't step down, she was thrown out.
"I can't wait to find out the reason behind it!"
Probably something to do with the fact that a short bus full of retards could have done a better job than she was doing. In her short time as CEO she has taken a brand that was known for quality and destroyed it.
UTA_flyinghigh From Tunisia, joined Oct 2001, 6495 posts, RR: 52 Reply 3, posted (8 years 3 months 1 week 3 days 14 hours ago) and read 1116 times:
Probably something to do with the fact that a short bus full of retards could have done a better job than she was doing. In her short time as CEO she has taken a brand that was known for quality and destroyed it
So 6 years as CEO of a blue-chip IT company is a short time now
In her 6-years at HP the company has been totaly revitalized and is now a leader or 2nd in most branches of IT hardware.
HP is a leader in servers, laptops, storage, you name it.
Way in front of those fools Dell and IBM, for instance HP sells as many servers as Dell and IBM combined.
Carly deserves credit for turning around a company that was falling asleep and successfully merging with one of their biggest competitors.
In her short time as CEO she has taken a brand that was known for quality and destroyed it.
I am sorry to inform you that HP is not only a brand that is well known for quality, but that indeed it has even got better under Carly. Just look at the competiotion's offerings and compare.
UTA
Fly to live, live to fly - Air France/KLM Flying Blue Platinum, BMI Diamond Club Gold, Emirates Skywards
CaptOveur From , joined Dec 1969, posts, RR: Reply 6, posted (8 years 3 months 1 week 3 days 14 hours ago) and read 1104 times:
"I am sorry to inform you that HP is not only a brand that is well known for quality, but that indeed it has even got better under Carly."
When was the last time you dealt with an HP product? Their laser printers are still gold but their home PCs are crap, their calculators are now crap, anything they design for consumer use is crap, including their consumer grade printers. Other than a small office or larger printer I can't think of an HP product made in the last 4 or so years I would actually reccomend to someone.
When she came to power either the Hewletts or the Packards (I can't remember which) wanted out. She didn't do anything exceptional for the stock either. It will be interesting to see what the stock does, if it climbs today or if it tanks. From the people I know at HP to a couple shareholders I had yet to hear anything positive about her.
She merged HP with Compaq, a merger some people compared to watching your two best friends fall down the steps.
"So 6 years as CEO of a blue-chip IT company is a short time now "
It sure isn't a long time especially when you consider how old HP is, she is a flash in the pan.
UTA_flyinghigh From Tunisia, joined Oct 2001, 6495 posts, RR: 52 Reply 8, posted (8 years 3 months 1 week 3 days 14 hours ago) and read 1086 times:
More info :
Carly Fiorina stepped down from her position as chairman and chief executive of Hewlett-Packard, the US computer and printer maker, on Wednesday pushing the shares 12 per cent higher in pre-market trading.
Ms Fiorina will be replaced by Robert Wayman, chief financial officer, on an interim basis. The company said it would begin the search for a permanent replacement immediately.
“While I regret the board and I have differences about how to execute HP’s strategy, I respect their decision. HP is a great company and I wish all the people of HP much success in the future,” Ms Fiorina said on Wednesday morning.
Recent reports had suggested the HP board was unhappy with the company’s patchy performance and was considering trimming some of the responsibilities of Ms Fiorina. But at the World Economic Forum in Davos she denied doubts about her leadership and said her relations with the HP board remained “excellent”.
Fly to live, live to fly - Air France/KLM Flying Blue Platinum, BMI Diamond Club Gold, Emirates Skywards
L-188 From United States of America, joined Jul 1999, 29350 posts, RR: 62 Reply 12, posted (8 years 3 months 1 week 3 days 6 hours ago) and read 1022 times:
Well she was rumored as a posible 2008 Republican presidential canidate.
OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
ILOVEA340 From United States of America, joined Oct 1999, 2100 posts, RR: 5 Reply 13, posted (8 years 3 months 1 week 3 days 6 hours ago) and read 1014 times:
I have many links with HP including family and family friends who work for both it and its offshoot Agilent. Not a single one of them has anything positive to say about Her. I have been to employee meetings and can tell you that there was in fact quite some hostility towards her.
ALso notice that the shares of HP closed over 6% higher after this news was broken.
BTW she was kicked out... SHe didn't merely step down.
Cheers
EA CO AS From United States of America, joined Nov 2001, 12557 posts, RR: 64 Reply 14, posted (8 years 3 months 1 week 3 days 6 hours ago) and read 1009 times:
BTW she was kicked out... SHe didn't merely step down.
This was confirmed on Neil Cavuto's show today. The BOD asked for her resignation, and every analyst on TV all said the same thing - it was her Compaq/HP merger that cost a ton and went nowhere that helped the stock sag over 60% since her arrival.
"In this present crisis, government is not the solution to our problem - government IS the problem." - Ronald Reagan
Jaysit From , joined Dec 1969, posts, RR: Reply 15, posted (8 years 3 months 1 week 3 days 5 hours ago) and read 1000 times:
Well she was rumored as a posible 2008 Republican presidential canidate.
She was also rumored as a possible Democratic presidential candidate in 2004.
Either way, she is very sharp.
In the end, Hewlett hated her and just wanted her out. The fact that she lasted as long as she did at HP, is a testament to her toughness. She didn't want to split the company, but Hewlett and the BOD did. And the reason the stocks plummeted was not because of the cost, but because of the uncertainty. Now that the uncertainty is over, the stocks have risen.
Zone1 From United States of America, joined Jan 2005, 1033 posts, RR: 7 Reply 16, posted (8 years 3 months 1 week 3 days 3 hours ago) and read 973 times:
The problem with the HP/Compaq merger is that they really did not combine the companies that well. You can still get "Compaq" computers and "HP" computers. Where was the integration? This failure in integration did not allow the full potential to be gained from the merger. It could have been successful I think. The BOD and employees had it out for her since the merger was announced. They took out full page ads saying how it wasn't "the HP way."
September11 From United States of America, joined May 2004, 3623 posts, RR: 23 Reply 17, posted (8 years 3 months 1 week 3 days 2 hours ago) and read 961 times:
Finally!!!! It took me like 5 minutes to figure what this is all about... I thought HP means America West... lol. (I am getting old)
Hewlett-Packard! computer company, anyway ... Poor Carly - never heard of her so good thing -- no mercy for her from me
FDXMECH From United States of America, joined Mar 2000, 3251 posts, RR: 38 Reply 19, posted (8 years 3 months 1 week 2 days 3 hours ago) and read 909 times:
>>>There is no job that is America's God-given right anymore," Fiorina commented in a recent speech in Washington. Not the most sensitive comment to make in light of the number of unemployed Americans suffering these days. This Marie Antoinette-inspired remark makes me wonder if HP hasn't already offshored its public relations department.
Fiorina's group would prefer to have us believe the mindless global economy is to blame for this affront to the millions laid off in the name of improved productivity and higher corporate profits. Or that the problem is America's inability to keep up.
Whose fault is that? As Fiorina and her cohort in the campaign, Intel CEO Craig Barrett, tell it, America's education system is woefully lacking. They say schools act more to block budding math and science students than to foster them. When in doubt, blame education. Yet wasn't it that same woeful education system that trained the talent that created our tech revolution -- that made offshoring possible?
Blaming the school system is simply an attempt to deflect any real discussion of the long-term consequences of offshoring. It is offshoring that will hurt education, not the other way around.
Think about it: Why should American students study math and science when the companies they would work for might sell them out at the first opportunity? In other words, Fiorina and Barrett want workers smart enough to do the job, but dumb enough not to see the handwriting on the wall.<<<
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Good riddance4 to rubbish. She won't be missed.