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H-P's Board Ousts Fiorina as CEO (Flashback)
Wall Street Journal ^ | 2/10/05 | PUI-WING TAM

Posted on 09/19/2015 4:52:41 PM PDT by jimbo123

Hewlett-Packard Co.'s board, amid mounting displeasure with the Silicon Valley computer giant's performance, ousted Chief Executive Carly Fiorina after she resisted the directors' plan for her to cede some day-to-day authority to the heads of H-P's key business units.

The move culminated weeks of escalating pressure from the board on Ms. Fiorina, one of the most powerful women in business. She bet her career that a bitterly contested $19 billion merger with Compaq Computer Corp. would give H-P enough scale to thrive in the brutally competitive market for computer hardware.

But with H-P's stock down more than 50% since the start of Ms. Fiorina's tenure as CEO, H-P's board decided on the management-reorganization plan at a mid-January meeting. The decision came after three directors presented a four-page analysis laying out the board's concerns about the company's performance after 5½ years with Ms. Fiorina as CEO.

(Excerpt) Read more at wsj.com ...


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KEYWORDS: designatedloser; fiorino; gope; hp; morespam
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To: Darksheare

and Kasich. i saw a couple of very pro-Kasich pieces in the past month or so from MSM publications online.


21 posted on 09/19/2015 8:17:56 PM PDT by TangibleDisgust ("To learn who rules over you, simply find out who you are not allowed to criticize." - Voltaire)
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To: TBP
And there are many things about Trump that are quite liberal, even now.

This is true, however he is the only one who's making a dent in major, critical issues which will determine if our nation doesn't completely fall apart in the near future.

The only one...Some may be talking but it's not taking hold.

We need someone who can shove the point down the throat of the left and not hold back when they beg for mercy.

22 posted on 09/20/2015 4:08:35 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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Comment #23 Removed by Moderator

To: jimbo123

When other investors took over Trump’s casinos after the quadruple bankruptcy fiasco, one condition of them taking over was that Trump would have NOTHING to do with the management of the company.

They kept the name of the huckster, but they ousted Trump.


24 posted on 09/20/2015 9:16:11 AM PDT by BCrago66
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To: BCrago66

Fiorina sings the praises of Islam, Ottoman Empire ‘greatest civilization’

http://www.examiner.com/article/fiorina-sings-the-praises-of-islam-ottoman-empire-greatest-civilization


25 posted on 09/20/2015 9:18:40 AM PDT by jimbo123
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