Carly Fiorina and Hewlett-PackardCarly Fiorina claims that her experience as CEO of one of America's largest corporations qualifies her to be a United States Senator. But her track record at HP was nothing to be proud of. Fiorina Destroyed Shareholder ValueDuring her tenure at HP, the company's stock price fell from $52 per share to $21 per share - a loss of 60%, costing shareholds billions of dollars. Fiorina Eliminated JobsAs part of HP's merger with Compaq, she laid off an estimated 15,000 employees... on top of the thousands of HP employees eliminated prior to the merger. Fiorina's Golden ParachuteWhen forced out of her position by the HP board of directors in February, 2005, Fiorina walked away with a $21 million severance package. Fiorina Defended Offshoring American JobsDuring her tenure at HP, she actively lobbied against legislation that would have limited the ability of American companies to move jobs overseas. What HP Should Have Known Before Hiring FiorinaCarly Fiorina was widely percieved as a failure in her previous position at Lucent, and was rumored to be on her way out. Read About Carly Fiorina's HP LegacyRead what Michael S. Malone, author of "Bill & Dave: How Hewlett and Packard Built the World's Greatest Company" has to say about Fiorina... [link] More Information about Fiorina's FailuresThe California Democratic Party has recenty launched a parody site called CarlyFAILorina.com with additional information on Fiorina's failures. Please note that our site is not associated with any candidate or party. HP Employees and Alumni - Please Share Your Carly Critiques
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More about Carly FiorinaCarly and Corporate GreedMillions of people who've lost their jobs in the past few years have had to survive on unemployment benefits and savings. But when Fiorina was fired from her position as CEO of Hewlett-Packard, she took a severance package valued at $21 million. Congress needs to cap excessive payoffs and bonuses for greedy corporate executives, especially those who, like Carly Fiorina, nearly destroy the companies they work for. Carly is the wrong person to rein in Wall Street! Carly and Civic ResponsibilityWe all learn in school about the responsibilities of citizenship, but apparently the lessons didn't take in Carly Fiorina's case. Records show that:
Someone who has shown so little interest in her civic responsibilities is the wrong person to serve in the United States Senate. Does Carly "Get" Technology?While managing Hewlett-Packard, Carly Fiorina was frequently criticised for not understanding the high-tech culture of Silicon Valley. Has Carly improved? Carly's website, carlyforcalifornia.com, has been ridiculed online by both liberal and conservative bloggers for its lack of content and poor design. Political blogger Scott Graves says, "The fact that this was approved by the communications team, and perhaps the candidate herself, indicates a severe misunderstanding about the direction and role of online political communication." Note: we registered the domain name carly-fiorina.com two days after she announced her run for the US Senate; the domain had not been acquired by her campaign team! Carly Fiorina and the Lucent ScandalLucent stockholders lost more than 90% of their stock value while Fiorina was a senior executive there... but by the time the scandals erupted, she had jumped ship to HP. How much was Carly involved in the Lucent debacle? We're looking for solid information, but in the mean time you can read other's opinions... [link] |