UTA_flyinghigh
Topic Author
Posts: 6304
Joined: Wed Oct 03, 2001 8:46 pm

Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 10:28 pm

The HP Board of Directors announced this morning that Carly
Fiorina has stepped down as Chairman and CEO, effective
immediately.


Will keep you psted if more info.

UTA
Fly to live, live to fly - Air France/KLM Flying Blue Platinum, BMI Diamond Club Gold, Emirates Skywards
 
StarFlyer
Posts: 929
Joined: Thu Sep 12, 2002 10:07 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 10:30 pm

Read it on Reuters a few minutes ago - I can't wait to find out the reason behind it!
Yours truly - StarFlyer
 
CaptOveur
Posts: 6064
Joined: Thu May 06, 2004 3:13 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 10:51 pm

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.
Things were better when it was two guys in a dorm room.
 
UTA_flyinghigh
Topic Author
Posts: 6304
Joined: Wed Oct 03, 2001 8:46 pm

RE: Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 10:58 pm

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  Yeah sure
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
 
StarFlyer
Posts: 929
Joined: Thu Sep 12, 2002 10:07 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 10:59 pm

Official reason is differences about the strategy. That could well be anything and leaves a lot of room for speculation.

Oh well, I'll gladly take her job. Let's see how much time for a.net I'll have then.  Big thumbs up
Yours truly - StarFlyer
 
UTA_flyinghigh
Topic Author
Posts: 6304
Joined: Wed Oct 03, 2001 8:46 pm

RE: Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 11:00 pm

Oh well, I'll gladly take her job

Get in line like everybody else  Big grin

UTA
Fly to live, live to fly - Air France/KLM Flying Blue Platinum, BMI Diamond Club Gold, Emirates Skywards
 
CaptOveur
Posts: 6064
Joined: Thu May 06, 2004 3:13 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 11:20 pm

"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.
Things were better when it was two guys in a dorm room.
 
UTA_flyinghigh
Topic Author
Posts: 6304
Joined: Wed Oct 03, 2001 8:46 pm

RE: Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 11:33 pm

When was the last time you dealt with an HP product?

Erm, now, as a matter of fact.
Say hi to my new laptop :



Times have changed and HP products now effectively trounce the competition.

UTA

Fly to live, live to fly - Air France/KLM Flying Blue Platinum, BMI Diamond Club Gold, Emirates Skywards
 
UTA_flyinghigh
Topic Author
Posts: 6304
Joined: Wed Oct 03, 2001 8:46 pm

RE: Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 11:50 pm

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
 
StarFlyer
Posts: 929
Joined: Thu Sep 12, 2002 10:07 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Wed Feb 09, 2005 11:55 pm

Shares now up 12%...
Maybe she had to leave in light of the figures coming out next week? Are we in for a nasty surprise?
Yours truly - StarFlyer
 
CaptOveur
Posts: 6064
Joined: Thu May 06, 2004 3:13 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Thu Feb 10, 2005 12:00 am

Shares up 12% on news of a CEO leaving sends a pretty clear message:

The shareholders thought she was a dumbass.
Things were better when it was two guys in a dorm room.
 
Klaus
Posts: 20649
Joined: Wed Jul 11, 2001 7:41 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Thu Feb 10, 2005 6:35 am

UTA_flyinghigh: Say hi to my new laptop :

My condolences.
 
L-188
Posts: 29881
Joined: Wed Jul 07, 1999 11:27 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Thu Feb 10, 2005 6:58 am

Well she was rumored as a posible 2008 Republican presidential canidate.
OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
 
ILOVEA340
Posts: 2064
Joined: Sat Oct 30, 1999 9:49 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Thu Feb 10, 2005 7:12 am

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
 
User avatar
EA CO AS
Posts: 13646
Joined: Wed Nov 14, 2001 8:54 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Thu Feb 10, 2005 7:17 am

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

Comments made here are my own and are not intended to represent the official position of Alaska Air Group
 
jaysit
Posts: 10186
Joined: Thu Jun 01, 2000 11:50 pm

RE: Breaking News : Carly Fiorina Steps Down From HP!

Thu Feb 10, 2005 8:05 am

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.
Atheism is Myth Understood.
 
Zone1
Posts: 894
Joined: Sun Jan 09, 2005 4:47 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Thu Feb 10, 2005 10:42 am

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."
/// U N I T E D
 
September11
Posts: 3293
Joined: Fri May 21, 2004 12:49 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Thu Feb 10, 2005 11:48 am

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  Smile
Airliners.net of the Future
 
killjoy
Posts: 601
Joined: Thu Dec 02, 1999 6:00 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Fri Feb 11, 2005 1:35 am

UTA_flyinghigh:

"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."

The same 'leader' that dropped the DEC Alpha and instead supported the Intel Itanic?

"Way in front of those fools Dell and IBM, for instance HP sells as many servers as Dell and IBM combined."

2004 Q3 Servers
IBM - $3.79G
HP - $3.29G
Dell - $1.16G
Sun - $1.13G

"Carly deserves credit for turning around a company that was falling asleep and successfully merging with one of their biggest competitors."

Yes, the new direction is much better - employees hating the company is always a sign of success.
 
FDXmech
Posts: 3219
Joined: Sun Mar 19, 2000 9:48 pm

RE: Breaking News : Carly Fiorina Steps Down From HP!

Fri Feb 11, 2005 10:34 am

>>>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.
<<<

__________________________________________________________________
Good riddance4 to rubbish. She won't be missed.

You're only as good as your last departure.
 
UTA_flyinghigh
Topic Author
Posts: 6304
Joined: Wed Oct 03, 2001 8:46 pm

RE: Breaking News : Carly Fiorina Steps Down From HP!

Fri Feb 11, 2005 4:47 pm

Q1, Q2, Q3, etc.. figures are all very good, but the overall yearly picture is that HP is :

#1 in servers
#1 in laptops
#1 in printers
#2 in PC's
#2 in PDA's

UTA
Fly to live, live to fly - Air France/KLM Flying Blue Platinum, BMI Diamond Club Gold, Emirates Skywards
 
Springbok747
Posts: 4007
Joined: Sun Nov 14, 2004 9:13 am

RE: Breaking News : Carly Fiorina Steps Down From HP!

Fri Feb 11, 2005 4:52 pm

Good..she would've screwed up HP if she had stayed any longer.
אני תומך בישראל

Who is online

Users browsing this forum: Acheron and 37 guests

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos