Tens of thousands of HP and Compaq employees who saw Carly Fiorina's mismanagement and lack of leadership understand why she should not be elected to the US Senate.
If you were employed at HP or Compaq while she was CEO, please click here to share your criticisms of Carly Fiorina.
• This is not the place to post opinions of Barbara Boxer, Chuck DeVore, Tom Campbell, or other candidates.
Please limit your comments to Carly Fiorina's performance and track record.
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Number of entries: 101 | Number of pages: 11
In a word, Wormtongue (for Lord of the Rings fans), or Narcissist (for you Jungian fans). Carly speaks well, but what she says and does is poison. Run! Be scared, Democrat, Republican, Independent, whatever. She does not care about you. She does not care about the US. She does not care about California. She cares about ... her. Danger!
From: HP 1980-2001
The year is 2000, it is August/September. HP stock has held up pretty well in the dot.com crash that has been taking place since March. Carly announces plans to acquire Price Waterhouse Cooper for what is perceived to be quite a high price. The stock drops as all over Wall Street investors say "what are you thinking?". Carly plows forward on her own agenda, NOT LISTENING AT ALL. Shareholder value is destroyed as Wall Street sells off broadly realizing that Carly will not listen. Ultimately the proposed acquisition does not go through, unfortunately the stock has already been driven into the ground.
I think a desirable characteristic of a US senator would be the ability to listen.
Carly does not appear to have this characteristic.
Getting a failed CEO senator for CA would be a far worst mistake than getting a successful actor as governor, as CEOs are driven by ambition, money and power. I fear she would only work for lobbies paying her and not push any real values.
Fiorina started the destruction of the HP's values with her tenure. She transformed it from a successful company attracting talent to a mammoth from which the best people fled, and those who stayed lived in gloom hoping for a better day. She protected profit margins by cutting benefits and layoffs, yet destroyed shareholder value with obsessive mega M&A to satisfy her ego.
Compaq merger results are simple: destruction of HP's PC division, replaced by Compaq. Destruction of Compaq's server division (and product line), replaced by HP's. Loss of dismayed customers to IBM.
Though there were a few employees that liked her, the vast majority resented her, as far as I can tell. She made PR mistakes, poor decisions, and replaced business vision and direction with hollow marketing verbiage. The stock market hated her too.
After 10 years, the stock options I was given when I joined HP in 2000 were still $10 underwater at $60 exercise value. That is a proof to me that original HP shareholder value was lost with the M&A growth, from both Fiorina and Hurd.
I thank her for that, because most of my HP stock value comes from the employee purchase plan, and she managed to drive the price as low as $14. Today the value is still not back to 2000 levels, but is $45ish.
When Hurd moved in it was a huge relief. We switched from a marketing CEO to a operations CEO. Joy was short, as Hurd's style is no better for employees. His growth story is cutting budgets and M&A. So he's no smarter there. However he seems to have a vision and get the business. However he doesn't know how to use R&D to make * * * products and boost stock value. Compare the PE of HP and of Apple. Apple is worth more to stockholders, yet generates vastly more revenue every year. Compare revenue and market cap!
Carly was a disaster at HP. Not only was she hated by HP employees, she lost credibility with the press and the security analysts. When it was announced within HP that she had been fired, spontaneous parties broke out within HP all over the world.
From: HP 1998 - 200
Carly's list of backers? Strike them as consumers. Carly would be the first to say that "tough times call for tough decisions"!!
NO MO Intel processors in MY home, no Kendall Jackson Wine, no JP Morgan Chase investments, no William Lyon homes, NOPE. NADA. Time to put YOUR OWN HEAT ON THE STREET - AS A CONSUMER.
The list includes former AOL Chairman Steve Case, former San Francisco Giants President Peter Magowan, former U.S. Commerce Secretary Carlos Gutierrez and former U.S. Solicitor General Theodore Olson, who is now leading a legal battle to overturn California's same-* * *-marriage ban, Proposition 8. (Fiorina supports the ban but favors domestic partnership rights for * * * couples.)
Other backers include a former senior vice president at Hewlett-Packard, and current or past executives of Grimmway Farms, J.P. Morgan Chase, Kendall Jackson Vineyard Estates, development company William Lyon Homes, logging concern Sierra Pacific Industries and two oil companies.
Silicon Valley technology figures include the current and former CEOs of Intel, Paul Otellini and Craig Barrett. Several former high-ranking government officials in Republican administrations are also among Fiorina's supporters.
Barrett on Friday defended Fiorina's decision to lay off thousands of workers and ship jobs overseas as a necessary business move when she was head of HP.
From: HP 1998 - 2008
WATCH THE CHRIS WALLACE INTERVIEW. WE LOVE YOU CHRIS!!
Name: Sharon - For TIM 1999-2008
From: HP 1998 - 2008
TIM - 1999 - 2008 on page one
WILL YOU MARRY ME???? LOL
Note: I proposed to Chris Wallace last month too. Watch the Chris Wallace Interview of Carly Fiorina!!!
I can honestly say "I FEAR FOR MY LIFE AND MY FAMILY THAT CARLY WILL BE ELECTED TO SENATE". God NO - God please SHOW SOME MERCY!!!
IF you think that things CAN'T get any worse than they are now - YOU ARE WRONG - AND YOU'LL BE LIVING IN THIS STATE BY YOURSELF!!!!!!!
From: HP 1981-2007
I am yet another California Republican saddened that our party has selected Carly Fiorina. Much evidence has been shared. But, I'm not sure that the story of the HP air fleet has been brought up.
HP had many sites in smaller cities. Because there were so many sites in smaller cities, it was difficult to arrange air transportation between the sites. This problem was shared by executives and employees alike. The HP solution was to have a fleet of small airliners that flew between these smaller cities. These jets were accessible by ANY employee. Executives and employees flew together. A win-win solution.
That wasn't acceptable to Carly.
Carly tossed the fleet of small airliners and replaced it with a fleet of personal jets. These small jets enabled Carly to get anywhere she wanted to go at any time she wanted to go there. Employees were no longer allowed access. Any employee other than Carly was now forced to use the lower availability fly+drive options. This reduced the productivity of all of the employees that worked in multiple sites.
This is evidence of how Carly thinks. Win-lose. When Carly can make a choice, she's the winner and someone else is a loser. Carly's solutions are all about Carly.
This is not the kind of thinking I want to represent our state in the US Senate.
From: HP, 1999-2010
As an engineer who's worked at HP for 10+ years, and a republican, I concur with the preceding accounts documenting Carly Fiorina's arrogance and incompetence. As people have eloquently stated, she achieved poor business results, but the damage she did to HP's unique culture was far worse, and has been longer lasting.
Carly Fiorina in the US Senate absolutely scares me. In large part, we owe our high standard of living to great leaders that set up this 'relatively' compassionate, transparent system of government, imperfect as it is. Fiorina's actions at HP seem more exemplary of a corrupt official in a third world country. I can think of no one I trust less to watch over American democracy.
Anyway, great website! Keep spreading the word--Fiorina is horrible on all levels.
From: HP, 1996-2000, then as a consultant 2001-2002
Carly is an amazing orator. She had me wrapped around her finger when she started. And a woman! I really wanted to see a woman succeed in this role as a CEO of a high tech company.
It didn't take long before I realized (it was obvious to others as well) that Carly wasn't about leading a company. She talked a good game, and got lots of positive press for HP, but operationally, she had no idea what was going on in the company. It was more about promoting her brand, her own self-image.
It took far too long for the Board to oust her. By then the damage was done. She walked away a rich(er) woman. And now she touts her time at HP as her success story?! Shame on her.