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February 9, 2005

HP's Carly Fiorina forced out

The business world and the internets are abuzz with the news that HP CEO Carl Fiorina has been sent packing by the board of directors after six years, due to disagreements over company strategy and the recent acquisition of Compaq.
Fiorina topped Fortune magazine's "50 Most Powerful Women in Business" list every year from the list's introduction in 1988 through to 2004, when eBay's Meg Whitman displaced her. After majoring in college in medieval history and philosophy, Fiorina went on to a business career that began with a position as a sales representative at AT&T Corp. and led to Lucent Technologies, where she guided its 1996 initial public offering and subsequent spin-off from AT&T. That put the ambitious Fiorina on the business world's radar, and soon after, HP wooed her to be its CEO.
"HP board dismisses Fiorina", Infoworld, February 9, 2005, www.infoworld.com/article/ 05/02/09/HNdismissfiorina_1.html