Posted on Sep 30, 2015
Sgt Tom Cunnally
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Sgt Tom Cunnally
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In 2004, HP fell dramatically short of its predicted third-quarter earnings, and Fiorina fired three executives during a 5 AM telephone call.[52] In early January 2005, the Hewlett-Packard board of directors discussed with Fiorina a list of issues that the board had regarding the company's performance and disappointing earning reports.[16][17][18] The board proposed a plan to shift her authority to HP division heads, which Fiorina resisted strongly.[18] A week after the meeting, the confidential plan was leaked to the Wall Street Journal.[92] According to BusinessWeek's Ben Elgin, directors were also concerned about the board's inability to work effectively with Fiorina.[93]

Less than a month later, the board brought back Tom Perkins and forced Fiorina to resign as chair and chief executive officer of the company.[94] The company's stock jumped on news of her departure, adding almost three billion dollars to the value of HP in a single day.[95][96]

In her book Tough Choices, she referred to board members' behavior as "amateurish and immature".[97] Larry Sonsini, who investigated the leak related to Fiorina's forced resignation, described the board in his report to Fiorina as being "dysfunctional."[97]

Under the company's agreement with Fiorina, which was characterized as a golden parachute by Time magazine,[98] and Yahoo! Finance,[99] Fiorina received a severance package valued at US$21 million, which consisted of 2.5 times her annual salary plus bonus and the balance from accelerated vesting of stock options.[16][100] In 2008, Loren Steffy of The Houston Chronicle suggested that the EDS acquisition after Fiorina's tenure was evidence that her failed plan to acquire part of Pricewaterhouse Coopers was justified.[101] According to Fortune magazine, Fiorina collected over US$100 million in compensation during her short tenure at HP.[51]
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SPC(P) Civil Affairs Specialist
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Its part of the whole package, but not the only thing she has to offer... I like her but personally think there's too many landmines in her past for her to be electable
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Sgt Tom Cunnally
Sgt Tom Cunnally
9 y
She ran a really lousy campaign for senate in CA vs Barbara Boxer....All she did was badmouth Boxer and her debating Boxer was a farce...
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SPC(P) Civil Affairs Specialist
SPC(P) (Join to see)
9 y
She seems pretty well read compared to the others on Foreign policy, but the storyline is just not that appealing:

College dropout
Connections to a fortune 50 company, which she ran
Fired from that fortune 50 company she ran

Also, I've seen rumors that she was prosecuted for violating sanctions buy selling products to Iran while she was heading HP, plus who knows what else. I predicted months ago she would rise in support and then be destroyed.
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Sgt Tom Cunnally
Sgt Tom Cunnally
9 y
SPC(P) (Join to see) - Don't think she was prosecuted but was investigated and got just a slap on the wrist.. She played like Sgt Schultz " I know nothing, I saw nothing"....but hard to believe with all the money coming into HP that the CEO was unaware of where it was coming from.. She will be destroyed if former HP employees go on tv and discuss her tenure at HP....that is what happened in her campaign for the senate in CA....I know because I witnessed it first hand..
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