1. Hewlett's Board Forces Chief Out After Rocky Stay.
- Author
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Rivlin, Gary
- Subjects
- *
DISMISSAL of employees , *WOMEN executives , *CHIEF executive officers , *HIGH technology industries , *COMPUTER industry - Abstract
Reports that Carleton S. Fiorina, one of the nation's best-known business executives and perhaps the most powerful woman in corporate America, was ousted as the chief executive of Hewlett-Packard, the giant computer and printer maker. Reference to her failure to build Hewlett into a reliable profit machine with the ability to challenge I.B.M. at the top of the industry; Impact of a disagreement between Ms. Fiorina and the directors on how to carry out a corporate strategy after the contentious $19 billion purchase of Compaq Computer in 2002 that failed to deliver the results she had promised; Suggestion from some analysts that this could be the first move in breaking up a company, founded in 1938, that helped give rise to Silicon Valley; Highlights of Ms. Fiorina's five-and-a-half year tenure as chief executive.
- Published
- 2005