Hewlett-Packard (HP)
Hiring

Fiorina as CEO and Chair of the Board of Hewlett-Packard, August 2, 2004
In July 1999,
Hewlett-Packard Company named Fiorina chief executive officer, succeeding
Lewis Platt and prevailing over the internal candidate
Ann Livermore.
[42] Concerning Fiorina's hiring as HP's first woman CEO, Matthew Boyle of
Fortune magazine has said that "Carly Fiorina didn't just break the
glass ceiling, she obliterated it, as the first woman to lead a FORTUNE 20 company."
[43][44][45]
Fortune magazine described the hiring as the result of "a dysfunctional HP board committee, filled with its own poisoned politics, hired her with no CEO experience, nor interviews with the full board."
[46] Fiorina received a larger signing offer than any of her predecessors, including: US$65 million in restricted stock to compensate her for the Lucent stock and options she left behind,
[41] a US$3 million signing bonus, a US$1 million annual salary (plus a US$1.25–US$3.75 million annual bonus), US$36,000 in mortgage assistance, a relocation allowance, and permission (and encouragement) to use company planes for personal affairs.
[47]
Separating Agilent Technologies from HP and proposed PWC acquisition
Although the decision to spin off the company's technical equipment division predated her arrival, one of her first major responsibilities as chief executive was overseeing the separation of the unit into the standalone
Agilent Technologies.
[48] Fiorina proposed the acquisition of the technology services arm of
PricewaterhouseCoopers for almost US$14 billion, but withdrew the bid after a lackluster reception from Wall Street.
[49] Following the collapse of the
dot-com bubble, the PwC consulting arm was acquired by IBM for less than US$4 billion