The chart Perdogg posted to exonerate Fiorina is a clear indictment. It speaks for itself:
Sun Microsystems shouldn't be included in the data. They were not in the same market (retail/business PC hardware) as the others.
You know? I don’t...
I don’t know how anyone can look at that chart and think it makes Fiorina look good.
HP merged with Compaq in September of 2001. A little over four years later, the stock not rebounding, she was jetisoned.
Once she was let go, the stock began to rebound.
What she couldn’t do in four years, the new team was able to do from the moment the barn door hit her on the back-side.
Look at that chart from the end of 2001 to the end of 2005. NOTHING!
Then look at the three or four years after she left.
Her backers will say she made the moves and HP grew even after she left.
The truth is, no growth occurred until a new team took over. And I’m thinking that new teem deserves the credit.
Fiorina did her best, and couldn’t turn things around in four years. The new team came in and turned things around from day one. That’s true too, because the stock went up the very day she was canned.
There’s no way to look at that chart and give her kudos.
She flopped!
Thank you. I read it wrong. Duh. Thought it was her entire tenure.