Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: wardaddy
I have run a public technology company. And I can tell you this means little. Firstly, she could have made the stock price go up if she wished, simply by cutting heads or selling divisions. She did not want to do that. The largest stock holder wanted her to. She lasted 6 years fighting with the family of the founders and eventually it cost her the job. Any CEO can pump the share price or the margins. But stock price and margins were not in vogue in silicon valley. Look at Amazon or Tesla or Netflix, making a profit is not a priority.

Also, the patent issue is stupid as well. Patents can be bought. And very likely HP did no more innovating. What they did is increase their legal staff. Engineers with lawyers hovering over them can produce a million patents. But it slows down the innovation process while they have to describe every piece of every new product to a patent lawyer who misrepresents it to the US patent office. Too get more patents you do not hire more engineers, you hire more lawyers.

Carly did fine at HP. It was a tough job. And like Michael Eisner at Disney or Lee Iacocca at Ford, she had a constant fight with the founders family who also were the biggest shareholders. Eisner and Iacocca also lost to the offspring of the founders. That did not make them bad executives.

41 posted on 09/20/2015 3:16:56 AM PDT by poinq
[ Post Reply | Private Reply | To 35 | View Replies ]


To: poinq

Ive been on several boards family and start ups and currently serve on an advisory board for large commercial loans on a local bank I invested in 10 years ago

It’s unusual to fire a CEO doing a great job regardless of board politics

HP revenue went up because she bought a Compaq which was a failure in itself

Profit went down decline revenue going up and the workforce slashed ....the latter causing issues

She had the reputation as very caustic and ambitious and not liked or respected and if you lose money then you’re done

She lasted longer than she should because she’s a girl

HP stock went up 7-10% on news of her firing

No you cannot manipulate financials to someone who knows how to look at them

I pay folks to help me with that and nothing gets by them

This notion she was going great but got fired anyhow is poppycock no offense

She got 21 million in severance

If she was doing so well and they needed to push her out for some Hollswood political motive even though she was making money for the shareholders it would have been much higher for a company the size of HP

she has to parse this

Trump on the other hand doesn’t really have to and trying to explain is lost on the low info voter

He almost went broke for reaching too far and Indian casinos coming online

He recovered large

Fiorina did not

She defeated the conservative in a GOP primary and lost to whack job

She’s only there cause she’s a chick

Fired and a lost election and hints of Lucent resume

A man would not be on the stage

Nor would a white brain surgeon either for that mater


58 posted on 09/20/2015 9:50:13 AM PDT by wardaddy ("The Reset Will Not Be Televised".....Gil Scott Wardaddy)
[ Post Reply | Private Reply | To 41 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson