Carly Fiorina (António Milena/ABr., 2004)

Cara Carleton "Carly" Fiorina (née Sneed; born September 6, 1954) is an American businesswoman and former corporate executive, best known for her leadership of the technology company Hewlett-Packard (as its C.E.O. from 1999 to 2005, and chairman of the board from 2000 to 2005). Listed as #1 on a list of "the most powerful women in business" by Forbes magazine, she led the company into a controversial merger with arch-rival Compaq in 2002. Her tenure as HP's leader laid the ground for the prosperity that drove the company's stock price, Fiorina left HP in February 2005. Image File history File links Size of this preview: 430 × 600 pixelsFull resolution (1311 × 1828 pixel, file size: 214 KB, MIME type: image/jpeg) Carly Fiorina in São Paulo, Brazil. ... Image File history File links Size of this preview: 430 × 600 pixelsFull resolution (1311 × 1828 pixel, file size: 214 KB, MIME type: image/jpeg) Carly Fiorina in São Paulo, Brazil. ... The French word née (feminine) or né (masculine) (or the English word nee) is still commonly used in some newspapers when mentioning the maiden name of a woman in engagement or wedding announcements. ... is the 249th day of the year (250th in leap years) in the Gregorian calendar. ... Year 1954 (MCMLIV) was a common year starting on Friday (link will display full 1954 Gregorian calendar). ... While Executive officer literally refers to a person responsible for the performance of duties involved in running an organization, the exact meaning of the role is highly variable, depending on the organization. ... The Hewlett-Packard Company (NYSE: HPQ), commonly known as HP, is a very large, global company headquartered in Palo Alto, California, United States. ... A chief executive officer (CEO), or chief executive, is the highest-ranking corporate officer or executive officer of a corporation, or agency. ... A chair or seat is also a seat of office, authority, or dignity, such as the chairperson of a committee, or a professorship at a college or university, or the individual that presides over business proceedings. ... For other uses, see Forbes (disambiguation). ... Compaq Computer Corporation is an American personal computer company founded in 1982, and now a brand name of Hewlett-Packard. ...

Fiorina is also a contributor on the Fox Business Network.^[1] Fox Business Network is a United States-based cable and satellite news channel that commenced broadcasting on October 15, 2007 at 5:00 a. ...

Early life and education

Fiorina was born Cara Carleton Sneed in Austin, Texas. She attended Charles E. Jordan High School in Durham, North Carolina for her senior year; her father frequently relocated during this time. Austin is the capital of the U.S. state of Texas and the seat of Travis County. ... Charles E. Jordan High School (also known as Durham Jordan) is located in Durham, North Carolina. ... Nickname: Location in North Carolina Coordinates: , Country State Counties Durham, Orange, Wake Government  - Mayor Bill Bell Area  - City  94. ...

Fiorina received a Bachelor of Arts degree in philosophy and medieval history from Stanford University in 1976. She attended the UCLA School of Law but dropped out after one semester. Fiorina received a Master of Business Administration (MBA) in marketing from the Robert H. Smith School of Business at the University of Maryland, College Park in 1980. She received a Master of Science in management from the MIT Sloan School of Management under the Sloan Fellows program in 1989.^[2] A B.A. issued from the University of Tennessee. ... A degree is any of a wide range of status levels conferred by institutions of higher education, such as universities, normally as the result of successfully completing a program of study. ... For other uses, see Philosophy (disambiguation). ... The Middle Ages formed the middle period in a traditional schematic division of European history into three ages: the classical civilization of Antiquity, the Middle Ages, and modern times, beginning with the Renaissance. ... Stanford redirects here. ... The Hugh and Hazel Darling Law Library, UCLA School of Law The University of California, Los Angeles (UCLA), School of Law is the law school of the University of California, Los Angeles. ... MBA redirects here. ... Next big thing redirects here. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... The University of Maryland, College Park (also known as UM, UMD, or UMCP) is a public university located in the city of College Park, in Prince Georges County, Maryland, just outside Washington, D.C., in the United States. ... A masters degree is an academic degree usually awarded for completion of a postgraduate course of one or two years in duration. ... For other uses, see Management (disambiguation). ... The MIT Sloan School of Management is one of the five schools of the Massachusetts Institute of Technology, located in Cambridge, Massachusetts, USA. It is one of the worlds leading business schools, conducting research and teaching in finance, entrepreneurship, marketing, strategic management, economics, organizational behavior, operations management, supply chain... The Sloan Fellows program is a mid-career masters degree in general management supported by the Alfred Sloan Foundation. ...

Early career

Fiorina worked various secretarial positions, including at HP as a temporary worker working for Kelly Services (then Kelly Girls). For other uses, see Secretary (disambiguation). ... Temporary Work or Temporary Employment refers to a situation where the employee is expected to leave the employer within a certain period of time. ... ...

Fiorina worked as a receptionist at Marcus & Millichap and was a broker briefly. During her speech at the 2006 ICSC convention in Las Vegas, Fiorina noted that her time at Marcus & Millichap helped her learn how to navigate the business world. A receptionist isItalic text a person in an office/administrative support position. ... A mortgage broker acts as an intermediary who sources mortgage loans on behalf of individuals or businesses. ...

Fiorina taught English in Italy; her first husband's career had taken them to that country. ESL redirects here. ...

AT&T (1980-1995)

Fiorina joined AT&T in 1980 as a management trainee and rose to become a Senior Vice President. This article is about the current AT&T. For the 1885-2005 company, see American Telephone & Telegraph. ...

Lucent Technologies (1995-1999)

• On November 20, 1995, promoted by AT&T to Executive Vice President for corporate operations for the future Lucent spinoff, reporting to Henry B. Schacht.^[3]
• On February 5, 1996, Lucent Technologies was spun off from AT&T. Fiorina played a key role in planning and implementing the initial public offering of stock and launch activities.^[4][5]
• On October 15, 1996, appointed President of Lucent consumer products business, reporting to Rich McGinn, President and COO of Lucent.^[6]
• On October 1, 1997, appointed Chairman of Philips Consumer Communications, a US$2.5 billion joint venture in corded/cordless phones and answering machines.^[7] Philips Consumer Communications was dissolved in 1998.^[8]
• On October 23, 1997, appointed Group President of Lucent global service provider business, with global marketing responsibility for Lucent's largest customer segment.^[9]
• In October 1998, Fiorina was ranked #1 in Fortune magazine's first listing of the most powerful women in business.^[10][11] She remained at the top until 2004 and was listed near the top in the following years. On first being listed, she remarked that the idea of this list is inappropriate.
• On July 19, 1999, Fiorina joined Hewlett-Packard.

is the 324th day of the year (325th in leap years) in the Gregorian calendar. ... Year 1995 (MCMXCV) was a common year starting on Sunday. ... Principal occupation: Managing director and senior advisor of Warburg Pincus LLC, a global private equity firm. ... is the 36th day of the year in the Gregorian calendar. ... Year 1996 (MCMXCVI) was a leap year starting on Monday (link will display full 1996 Gregorian calendar). ... On September 30, 1996, AT&T spun off its Systems and Technology units (AT&T Technologies, Inc. ... is the 288th day of the year (289th in leap years) in the Gregorian calendar. ... Year 1996 (MCMXCVI) was a leap year starting on Monday (link will display full 1996 Gregorian calendar). ... is the 274th day of the year (275th in leap years) in the Gregorian calendar. ... For the band, see 1997 (band). ... Philips Consumer Communications, L.P. was a $2. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... is the 296th day of the year (297th in leap years) in the Gregorian calendar. ... For the band, see 1997 (band). ... Fortune magazine is Americas second longest-running business magazine after Forbes magazine. ... is the 200th day of the year (201st in leap years) in the Gregorian calendar. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ...

Hewlett-Packard Company (1999-2005)

Fiorina joined Hewlett-Packard Company on July 19, 1999 as CEO, succeeding Lewis Platt.^[12] She was not involved in the decision to spin-off Agilent Technologies but she presided over the process of implementing this decision. She often referred to her efforts as an attempt to "Reinvent HP." During the general business downturn in 2001, Fiorina opted for 7,000 layoffs.^[13] The Hewlett-Packard Company (NYSE: HPQ), commonly known as HP, is a very large, global company headquartered in Palo Alto, California, United States. ... is the 200th day of the year (201st in leap years) in the Gregorian calendar. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... Lewis Platt (April 11, 1941 - September 8, 2005) succeeded John A. Young as president and chief executive officer of Hewlett-Packard (HP) in 1990, and then succeeded co-founder David Packard as the companys chairman of the board in 1993. ... Agilent Technologies (NYSE: A) (Agilent for short) is a measurement and instrument company headquartered in Santa Clara, California. ...

Throughout her career at HP, Fiorina was a very visible CEO. Her business travel included interactions with Hollywood entertainers and politicians. Her actions prompted the San Jose Mercury News to speculate that she might later run for election to public office. The Mercs sections vary by day of the week, but Business, Sports, and The Valley are standard daily fare. ...

In 2001 she was named one of the 30 most powerful women in America by Forbes Magazine.

Compaq merger

In 2002, in the wake of the bursting of the Tech Bubble, Fiorina proposed a controversial merger with arch-rival Compaq. She campaigned for this plan, and it was implemented despite public clashes with board member Walter Hewlett^[14] -- the son of HP co-founder William Hewlett. The merger temporarily put HP in the top spot in the personal computer industry (ahead of Dell Computer Corp). After the merger, quarterly results were inconsistent and the share price stayed stagnant. HP also saw an exodus of top managerial talent, mostly from the Compaq side, including Michael Capellas, Jeff Clarke, Mary McDowell, and the forced resignation of Peter Blackmore. HP's services business continued to lose market share to IBM, and HP had to over-rely on its always-lucrative printer division to hold onto overall profitability.^{[citation needed]} The dot-com bubble was a speculative bubble covering roughly 1995–2001 during which stock markets in Western nations saw their value increase rapidly from growth in the new Internet sector and related fields. ... Compaq Computer Corporation is an American personal computer company founded in 1982, and now a brand name of Hewlett-Packard. ... William Reddington Hewlett (May 20, 1913 – January 12, 2001) was the co-founder, with David Packard, of the Hewlett-Packard Company (HP). ... Dell Inc. ... Michael Capellas (born 1955) is the Chairman and CEO of MCI and formerly of Compaq. ... Jeff Clarke is chief executive officer and president of Travelport and serves as a member of the Travelport board of directors. ... For other uses, see IBM (disambiguation) and Big Blue. ...

On January 7, 2004, at a meeting with U.S. Congresspeople, Fiorina said, "There is no job that is America's God-given right anymore. We have to compete for jobs as a nation."^[15][16][17] Her statements angered Bay Area workers who felt that lower wages overseas encouraged U.S. corporations to use less-qualified, offshore workers, instead of better-qualified American ones.^[18] Fiorina responded to this criticism by publishing a clarifying op-ed piece in the Wall Street Journal.^[19] The Wall Street Journal is an influential international daily newspaper published in New York City, New York with an average daily circulation of 1,800,607 (2002). ...

Fiorina was named in the Time 100 for 2004.^[20] Time 100 cover for 2007 The Time 100 is an annual list of the 100 most influential people in the world, as assembled by Time. ...

Departure

As HP's performance slowed, the Board of Directors became increasingly concerned. In early January 2005, the HP Board of Directors presented Fiorina with a four-page list of issues the board had with Fiorina's performance.^[21] A week after the meeting, the plan was leaked to the Wall Street Journal.^[22] The board proposed a plan to shift her authority to HP division heads, which Fiorina resisted.^[23]

On 9 February 2005, Carly Fiorina was dismissed as Chairman of the Board and Chief Executive Officer of Hewlett-Packard. "While I regret that the board and I have differences about how to execute HP's strategy, I respect their decision," Fiorina said in a statement. "HP is a great company and I wish all the people of HP much success in the future." She was replaced by Patricia C. Dunn as Chairman, and then-C.F.O. Robert Wayman as C.E.O.^[24] Hewlett-Packard's stock jumped 7% on news of her departure.^[25] is the 40th day of the year in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Patricia Cecile Dunn (born 27 March 1953 in Burbank, California), aka Patricia Cecile Dunn-Jahnke, is the former non-executive chairman of the board of Hewlett-Packard Company (HP), a position she held from February 2005 until September 2006, when she resigned her position after a criminal indictment. ...

Under Hewlett-Packard's severance agreement, Carly Fiorina received US $21 million in cash, which was 2.5 times her base annual salary.^[26] On March 8, 2006, two large institutional investors filed suit against Hewlett-Packard for violating its own severance cap when it doled out a multimillion-dollar payment to Fiorina as part of her termination agreement.^[27]

After her departure from Hewlett-Packard in 2005, the company quickly prospered, overtaking Dell as the top-selling computer maker in the world. Her defenders, as well as some critics, credit her with laying the foundations for that prosperity.^[28][29]

Post-HP activities

In a commencement address at the North Carolina Agricultural and Technical State University on May 7, 2005, Fiorina said about HP: "The worst thing I could have imagined happened. I lost my job in the most public way possible, and the press had a field day with it all over the world. And guess what? I'm still here. I am at peace and my soul is intact. I could have given it away and the story would be different."^[30] This article does not cite any references or sources. ...

In an 10 October 2007 article in Daily Variety, it was reported that Fiorina had signed with Fox Business Network to become a frequent business commentator on the newly-formed cable network, intended to be a competitor to the CNBC cable network.^[31] is the 283rd day of the year (284th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... Variety is a daily magazine for the entertainment industry. ... Fox Business Network is a United States-based cable and satellite news channel that commenced broadcasting on October 15, 2007 at 5:00 a. ... This article is about CNBC U.S., the business news channel in the U.S.. For other uses, see CNBC (disambiguation). ...

Fiorina holds positions on the board of trustees of the Massachusetts Institute of Technology, and the Foundation Board of the World Economic Forum. She is an Honorary Fellow of the London Business School.^[32] “MIT” redirects here. ... This article or section does not cite any references or sources. ... Affiliations: University of London Website: http://www. ...

In early September 2005, Fiorina was named a director at Revolution Health Group, a venture formed by Steve Case.^[33] In October 2005, Fiorina joined the board of computer security company Cybertrust.^[34] In April 2006, Fiorina joined the board of directors for Taiwan Semiconductor Manufacturing Company. Fiorina is an independent Taiwan Semiconductor Manufacturing Company board member and serves on the audit and compensation committees.^[35] Revolution Health Group is a United States-based corporation founded in July 2005 by Steve Case, who previously co-founded America Online. ... Steve Case (born August 21, 1958) is a businessman best known as the co-founder and former chief executive officer and chairman of America Online (AOL). ... Cybertrust is a security-services firm based in Virginia that was formed as a result of a merger of the TruSecure and Betrusted security companies. ... Taiwan Semiconductor Manufacturing Company, Limited (Traditional Chinese: 台灣積體電路製造股份有限公司, abbrev. ... Taiwan Semiconductor Manufacturing Company, Limited (Traditional Chinese: 台灣積體電路製造股份有限公司, abbrev. ...

On 9 October 2006, Fiorina released her book, Tough Choices: A Memoir, about her career and her views on such issues as what constitutes a leader, how women can thrive in business and the role technology will continue to play in reshaping our world. She then launched a book tour, with several appearances scheduled for Silicon Valley locations.^[36] On 10 October 2006 while she was interviewed on the Charlie Rose Show, Fiorina asserted that her leadership was strong throughout, and that the Compaq merger was well conceived, but misunderstood by the Board.^[37] is the 282nd day of the year (283rd in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... For the Nintendo 64 game, see Space Station Silicon Valley. ... is the 283rd day of the year (284th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Charlie Rose is an American television interview show, with Charlie Rose as executive producer, executive editor, and host. ...

In an interview with the Wall Street Journal during her book tour, Fiorina said she is considering a political career or some form of "public service." She is also open to becoming CEO of another public company.^[38]

Fiorina has been floated in some sources as a potential Vice President in a McCain administration.^[39] She endorsed Senator John McCain as the Republican nominee in the 2008 presidential elections and campaigned with him.^[40] At an economic round-table with the senator in January 2008, Fiorina praised McCain, claiming that "John McCain is a man who understands what the role of government should be, and what the role of government should not be."^[41] Type Upper House President of the Senate Richard B. Cheney, R since January 20, 2001 President pro tempore Robert C. Byrd, D since January 4, 2007 Members 100 Political groups Democratic Party Republican Party Last elections November 7, 2006 Meeting place Senate Chamber United States Capitol Washington, DC United States... McCain redirects here. ... GOP redirects here. ... The United States presidential election of 2008, scheduled to be held on November 4, 2008, will be the 55th consecutive quadrennial president and vice president of the United States. ...

On March 7, 2008 Fiorina was named "Chair of Victory, 2008," an RNC coordinated group to raise money and conduct get out the vote activities, by the Republican National Committee. She also stated then that she would additionally be a point person for the McCain campaign as related to business and economic affairs, as well as publicly advocating the Republican Party.^[42] Fiorina has along with Bill Gates been actively promoting expansion of H-1B visa guest worker visas. ^[43] For other persons named Bill Gates, see Bill Gates (disambiguation). ... The H-1B is a non-immigrant visa in the United States under the Immigration & Nationality Act, section 101(a)(15)(H). ...

Personal life

• Fiorina's father, Joseph T. Sneed III, was a constitutional law scholar and later a federal judge. Her mother Madelon Juergens Sneed was a portrait and abstract artist, and she has two siblings.

• Married first husband Todd Bartlem, a Stanford classmate, in June 1977.

• In 1985, she married AT&T executive Frank J. Fiorina (he opted for early retirement in 1998). It was the second marriage for both. She helped to raise her two stepdaughters Traci and Lori Ann. They attempted to have children together but, as Fiorina puts it: "That wasn't God's plan."^[44]

• Lives in Washington, D.C. and Palo Alto, California.

AT&T (formerly an abbreviation for American Telephone and Telegraph) Corporation (NYSE: T) is an American telecommunications company. ... For other uses, see Washington, D.C. (disambiguation). ... Location in Santa Clara County and the state of California Coordinates: , Country State County Santa Clara Government  - Mayor Yoriko Kishimoto[1] Area  - City 25. ...

Further reading

• Anders, George. Perfect Enough: Carly Fiorina and the Reinvention of Hewlett-Packard. New York: Penguin Group, 2003. ISBN 1-59184-003-1.
• Burrows, Peter. Backfire: Carly Fiorina's High-Stakes Battle for the Soul of Hewlett-Packard. Wiley, 2003. ISBN 0-47126-765-1.
• Fiorina, Carly. Tough Choices: A Memoir. Portfolio Hardcover, 2006. (hardcover: ISBN 1-59184-133-X, abridged audiobook: ISBN 0-14305-907-6)

Notes

For information on Wikipedia press releases, see Wikipedia:Press releases. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Common Era (or Anno Domini), in accordance with the Gregorian calendar. ... is the 152nd day of the year (153rd in leap years) in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Common Era (or Anno Domini), in accordance with the Gregorian calendar. ... is the 136th day of the year (137th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 16th day of the year in the Gregorian calendar. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Common Era (or Anno Domini), in accordance with the Gregorian calendar. ... is the 23rd day of the year in the Gregorian calendar. ...

External links

Wikimedia Commons has media related to:

Carly Fiorina

Wikiquote has a collection of quotations related to:

Carly Fiorina

• The Difference Between Management and Leadership, Carly speaks at Stanford
• Biography From Global Leaders India Summit 2006 at HP - January 27, 2007
• ZDNet - Video Timeline of Fiorina's Tenure
• Carly Fiorina discussesTough Choices and her time at Hewlett-Packard, October 19, 2006 (video)
• Stanford alums interview Carly Fiorina on iinnovate, May 2, 2007 (podcast + video)
• Bio on FoxBusiness.com

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Dated

• Carly Fiorina's Keynote Speech at MIT, 2002
• 2006 Separate videos of Fiorina and Dunn after HP pretexting scandal October 8, 2006
• Carly Fiorina's Future October 11, 2006