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!
This new team you speak of is a revolving door of 7 chairmen or CEOs in 10 years. The HP board is noted for being dysfunctional with several scandals before and after Carly held the CEO position.
I am not sure what HPs stock price has to do with running for president. She ran a fortune 100 company for 5 years, buying and merging a large competitor. She was fired because the merger took longer than some stock holders wished. They preferred more cost cutting (firings), so the stock would go up.
If you look at the current white house occupant. He never had a full time job. And the guy before was not a successful businessman apart from being a baseball team owner. While Carly is not the perfect candidate, she is at least as qualified as any US president in the past 14 years. And I’ll take her over Jeb Bush who probably has the best experience for the job.