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http://www.politico.com/magazine/story/2015/09/carly-fiorina-ceo-jeffrey-sonnenfeld-2016-213163

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HP shares were largely dead money for ten years, dropping below what its share price trended at in 1999, when Fiorina joined the company and before the merger. Shares in Dell, Lexmark, and IBM also struggled. The board ousted Fiorina in 2005. HP’s “stock lost about 62% during this period, far steeper than the negative 25% slide in the Nasdaq Composite,” senior editor Charles Brady said.