hillary's candidacy is falling apart; she was always more talk than substance. fiorina will chew up hillary's thin-skinned self and spit out her worn-out bones
Fiorina can't even get a seat at the grown up table
said the leftard one day into the republican debates
During Fiorina's time as CEO, HP's revenue doubled due to mergers with Compaq and other companies, and the rate of patent filings increased. However, the company reportedly underperformed by a number of metrics: there were no gains in HP's
net income despite a 70% gain in net income of the
S&P 500 over this period;
] the company's debt rose from ~4.25 billion
USD to ~6.75 billion USD;
[55] and stock price fell by 50%, exceeding declines in the S&P 500 Information Technology Sector index and the
NASDAQ.In contrast, stock prices for
IBM and
Dell fell 27.5% and 3% respectively, during this time period.
A week after the meeting, the confidential plan was leaked to the
Wall Street Journal.
[60] Less than a month later, the board brought back
Tom Perkins and forced Fiorina to resign as chair and chief executive officer of the company.
[61] The company's stock jumped on news of her departure, adding almost three billion dollars to the value of HP in a single day. Many employees celebrated her resignation
Since her forced resignation,
CBS News,
[70] USA Today[71] and
Portfolio.com[78] have ranked Fiorina as one of the worst American (or tech) CEOs of all time. In 2008,
InfoWorld grouped her with a list of products and ideas as flops, declaring her tenure as CEO of HP to be the sixth worst tech flop of all-time and characterizing her as the "anti-
Steve Jobs" for reversing the goodwill of American engineers and alienating existing customers.
[79] According to an opinion piece by
Robin Abcarian in the
LA Times, Fiorina "upended HP’s famously collegial culture, killed off its beloved profit-sharing program and hung her own portrait between those of the company’s two sainted founders" before "flam[ing] out in spectacular fashion".
[80] Katie Benner of
Bloomberg View described Fiorina's leadership at HP as a "train wreck" and a "disaster".
[81]
Yale business management scholar
Jeffrey Sonnenfeld has labelled Fiorina as “the worst CEO" for “destroying half the wealth of her investors and yet still earn[ing] almost $100 million in total payments for this destructive reign of terror.”
[55] He later said about Fiorina being chosen to assist with the McCain presidential campaign: "You couldn't pick a worse, non-imprisoned CEO to be your standard-bearer.