Former Hewlett-Packard CEO Carly Fiorina finally made it official Wednesday: She's running for Senate in California.
The clock has just struck seven on a Thursday night, and Sheryl Sandberg is networking furiously. Not on Facebook, the site she joined in March as COO and where she boasts 1,114 "friends." No, she's doing it the old-fashioned way, in her Atherton, Calif., living room. She hosts her Silicon Valley soirees a few times a year, and it's always the A-list crowd. On this particular evening the group includes the new head of eBay North America, the manager of Google's ad-selling platforms, and well-known tech bankers and venture capitalists. It's a high-wattage, high-powered group. Oh, and there's one other thing: All those attending are women.
Carly Fiorina, the former Hewlett-Packard CEO turned top John McCain aide, said she doesn't think Sarah Palin is qualified to run a major corporation. For that matter, Fiorina said, McCain, Obama and Biden aren't capable of that kind of job either.
What do you do if you have several billion dollars burning a hole in your pocket?
Carly Fiorina didn't just break the glass ceiling, she obliterated it, as the first woman to lead a FORTUNE 20 company. But her fall from stardom was just as dramatic, and she remains a controversial figure, with opinion split on whether she deserves credit for HP's success since her firing in 2005. Fortune's Matthew Boyle talked to Fiorina - who now serves on several advisory boards, including the CIA's - about CEO pay, Dell's woes, and what she's learned from her tumultuous time at the top and, more recently, on the sidelines.
Most books about leadership read like the Scout manual: CEOs and top managers should be authentic, considerate, sensitive, and modest, as well as creative, smart, and strategically brilliant. All t...
Carly Fiorina may have gotten some things wrong when she was CEO of Hewlett-Packard, but she did show an admirably early understanding of one of the most important trends in tech. Back as far as 1999, she was championing something HP called World e-Inclusion, a program to focus the company's resources on creating products and services for the world's poor and developing nations.
Carly Fiorina has been mostly quiet since her tumultuous firing as CEO from Hewlett-Packard 20 months ago. No more.
1. Safra Catz President and CFO Oracle (ORCL) 2005 Total compensation: $26.1 million Note: Total compensation includes annualized base salary, bonuses, the present value of option grants (calculated by Equilar using the Black-Scholes formula as of the grant date), restricted stock awards, long-term incentive-plan payouts, and other compensation as disclosed in company proxies. Equilar Inc. of San Mateo, Calif., prepared the chart by looking at companies with more than $1 billion in revenues that filed proxies as of Sept. 1.
Carly Tells Her Side of the Story
Former Hewlett-Packard CEO Carly Fiorina finally made it official Wednesday: She's running for Senate in California.
The clock has just struck seven on a Thursday night, and Sheryl Sandberg is networking furiously. Not on Facebook, the site she joined in March as COO and where she boasts 1,114 "friends." No, she's doing it the old-fashioned way, in her Atherton, Calif., living room. She hosts her Silicon Valley soirees a few times a year, and it's always the A-list crowd. On this particular evening the group includes the new head of eBay North America, the manager of Google's ad-selling platforms, and well-known tech bankers and venture capitalists. It's a high-wattage, high-powered group. Oh, and there's one other thing: All those attending are women.
Carly Fiorina, the former Hewlett-Packard CEO turned top John McCain aide, said she doesn't think Sarah Palin is qualified to run a major corporation. For that matter, Fiorina said, McCain, Obama and Biden aren't capable of that kind of job either.
What do you do if you have several billion dollars burning a hole in your pocket?
Carly Fiorina didn't just break the glass ceiling, she obliterated it, as the first woman to lead a FORTUNE 20 company. But her fall from stardom was just as dramatic, and she remains a controversial figure, with opinion split on whether she deserves credit for HP's success since her firing in 2005. Fortune's Matthew Boyle talked to Fiorina - who now serves on several advisory boards, including the CIA's - about CEO pay, Dell's woes, and what she's learned from her tumultuous time at the top and, more recently, on the sidelines.
Most books about leadership read like the Scout manual: CEOs and top managers should be authentic, considerate, sensitive, and modest, as well as creative, smart, and strategically brilliant. All t...
Carly Fiorina may have gotten some things wrong when she was CEO of Hewlett-Packard, but she did show an admirably early understanding of one of the most important trends in tech. Back as far as 1999, she was championing something HP called World e-Inclusion, a program to focus the company's resources on creating products and services for the world's poor and developing nations.
Carly Fiorina has been mostly quiet since her tumultuous firing as CEO from Hewlett-Packard 20 months ago. No more.
1. Safra Catz President and CFO Oracle (ORCL) 2005 Total compensation: $26.1 million Note: Total compensation includes annualized base salary, bonuses, the present value of option grants (calculated by Equilar using the Black-Scholes formula as of the grant date), restricted stock awards, long-term incentive-plan payouts, and other compensation as disclosed in company proxies. Equilar Inc. of San Mateo, Calif., prepared the chart by looking at companies with more than $1 billion in revenues that filed proxies as of Sept. 1.
Carly Tells Her Side of the Story
In the quest for more pay, forget the whole "list your accomplishments, then ask the boss for a raise" thing. It doesn't seem nearly as effective as getting fired or doing a mediocre job before quitting.
There are three flavors of publicly held corporation, Warren Buffett wrote in 1993. In one, the controlling owner is the manager, which is how things worked at Hewlett-Packard for the first two dec...
Each year in the Fall, FORTUNE gathers female leaders from business, government, academia, and the arts for a conference called the Most Powerful Women Summit. It's a place to hash out issues, of c...
Deriding the current disclosure practices for CEO pay as "a waste of trees and ink," SEC chair Christopher Cox called for more transparency in corporate proxy statements at a gathering of compensation experts in Washington, DC, earlier this week.
All you really need to know about how Mark Hurd approaches his job as the chief executive of Hewlett-Packard is to listen to his description of the process of selling. He calls it "selling as defined in the organic portfolio exploitation sales-process kind of selling." Goodbye sizzle, hello business wonkery.
Shareholders of Hewlett-Packard are celebrating a happy anniversary -- the company's stock has risen 50 percent since Mark Hurd stepped in as CEO on April 1, 2005. But his hardest job -- boosting revenue at the tech behemoth -- is still to come.
Four union pension funds have sued the directors of Hewlett-Packard alleging that the severance package the company paid to ousted CEO Carly Fiorina last year -- which the suit values at between $21.4 million and $42 million -- greatly exceeded the maximum allowed under a board policy adopted in 2003.
While no one will say 2005 was a throwback to tech's heyday, some of the year's happenings -- AOL becoming a sought-after Internet property, Google's stock price zooming to $400 and Apple soaring to similar heights -- looked a little bit familiar.
12 Who Fell Off
Meg rules again.
Carly Fiorina, who was forced out as chairman and CEO of Hewlett Packard, is joining the board of a company formed by America Online co-founder Steve Case that includes several other ousted corporate chiefs.
Hewlett Packard is cutting 14,500 jobs, or about 10 percent of its staff, the company announced Tuesday.
It's been a tough stock-picking environment for investors so far this year. The major indexes all finished the first half of 2005 slightly in the red.
HEWLETT-PACKARD'S BOARD HAS JUST COME THROUGH a tumultuous couple of months in which it proved itself strangely generous with people who failed or are unproven. Back in February, when HP's board bo...
Fiorina pushed through a controversial merger with Compaq Computer in 2002 designed to bolster HP against Dell and IBM. But bigger hasn't been better. HP's hardware units have struggled, and the co...
Investors in beaten down tech conglomerate Hewlett-Packard embraced the future on Tuesday. Shares of HP surged more than 10 percent after reports surfaced that the company had hired NCR chief executive officer Mark Hurd as its new CEO.
It seemed like the corporate equivalent of Clint Eastwood's Million Dollar Baby: In a woman-to-woman confrontation that never could have happened in the male-dominated executive world of ten years ...
THE MARKET'S DRAMATIC, HEADLINE-grabbing upswing in acquisitions during the past few months is masking another key trend that often follows a merger wave: the return of the spinoff. For investors w...
IF YOU'RE AMONG THOSE OUTRAGED BY CARLY FIORINA'S $42 million exit package from Hewlett-Packard or by James Kilts's $100-million-plus goodbye kiss from Gillette, I have discouraging news: You sound...
Carly Fiorina, dismissed as chairman and CEO of Hewlett-Packard last month, has emerged as a candidate to head the World Bank, according to published reports Tuesday.
From the standpoint of Hewlett-Packard investors, the news just keeps getting better.
Ex-Hewlett-Packard CEO Carly Fiorina will get a severance package worth about $21.4 million, but stands to reap another $21 million after she was forced out by the computer maker's board last week, a newspaper reported Saturday.
Love her or hate her, she's gone.
NEW YORK (CNN/Money) - Denial isn't one of the seven deadly sins. But it might as well be for tech executives.
Blue-chips ended with solid gains Thursday as investors turned bullish on positive economic data and a flurry of good corporate news.
Wall Street was buzzing after news broke Wednesday that Hewlett-Packard CEO Carly Fiorina got ousted by the company's board.
Wednesday's sudden departure of Hewlett Packard CEO Carly Fiorina is just the most public example of a growing trend in turnover at the top of America's corporate ladders.
Stocks slumped Wednesday, paced by technology, after Cisco's sales miss revived fears about a slowdown in corporate profit growth.
Stocks were mixed early Wednesday as investors cheered CEO Carly Fiorina's departure from Hewlett-Packard, but worried about Cisco's sales miss.
Hewlett-Packard Co. Chairman and CEO Carly Fiorina, one of the most powerful women in corporate America, is leaving the troubled computer maker after being forced out by the company's board.
Hewlett Packard Chairman and CEO Carly Fiorina is leaving the company, effective immediately, after being forced out by its board.
U.S. stock futures surged Wednesday morning following the surprise announcement that Hewlett-Packard Chairman and CEO Carly Fiorina had stepped down.
IT HAS BEEN JUST OVER six years since Carleton S. Fiorina, now 50, burst upon the national stage--and we will acknowledge straight out that FORTUNE played a role in putting her name in lights. Back...
Showtime in tech land
Hewlett-Packard CEO Carly Fiorina said Tuesday the company had seriously considered breaking up on three separate occasions but each time decided against it.
Hewlett-Packard on Tuesday reported higher sales and profits for the latest quarter, three months after a warning by the tech giant prompted analysts to lower their estimates.
Meg Whitman, CEO of online auction Web site eBay, toppled Hewlett-Packard CEO Carly Fiorina from the title of the corporate world's most powerful woman, according to a new ranking by Fortune magazine.
Hewlett-Packard Co. reported much weaker-than-expected quarterly earnings Thursday and warned that it will miss Wall Street forecasts for the current quarter as well -- news that punished its stock.
Since the invention of the PC, techies have taken two things for granted: Processor speeds will grow exponentially, and PCs will become indistinguishable from televisions--that there will be, in in...
Why doesn't anyone believe Carly Fiorina? She has recently declared--loudly, frequently, and in the strongest possible words--that the controversial $19 billion merger of Hewlett-Packard with Compa...
I know one thing: The 300 e-mails announcing product launches at the International Consumer Electronics Show are certainly rocking my inbox.
Season's Greetings! I know full well that most of the folks on my holiday list neither need nor deserve gifts this year, but what with the economy turning and the stock market likely to be up for t...
Ann Fudge is a Harvard Business School alum, General Electric board member, wife, mother, grandmother, globetrotter, public service advocate, former star executive at Kraft Foods, and--following a ...
On a stultifying, sub-Saharan summer morning in New York, I schlepp across town to see Carly Fiorina--or, more precisely, to see the Carly Fiorina Show. The CEO of Hewlett-Packard has traveled acro...
The wire-service photo from the World Economic Forum's recent Global Reconciliation Summit beside the Dead Sea in Jordan was a tutorial in power: Carly Fiorina leaning in close behind Colin Powell,...
Q Do I have a better chance of making it to the executive suite as a generalist or as a specialist?
Just days after announcing the merger of Hewlett-Packard and Compaq in the fall of 2001, Carly Fiorina flew to Houston for a gut-check summit with her counterpart, Compaq CEO Mike Capellas--and to ...
Across this quiet, snowy field, through the trees and over the fence, lurks a Wall Street monster. The locale is Westport, Conn., about a mile inland from Long Island Sound across I-95. The beast w...
While the jury is still out on the ultimate success of the remade Hewlett-Packard, two new books about CEO Carly Fiorina let you judge for yourself how well she handled the contentious Compaq merge...
Most people face one or two make-or-break moments in a lifetime. But in the press, some folks are perennially pegged as on the verge of triumph or collapse. Here's the latest on four always-rans.
For many of us, consigning 2002 to history's dustbin will come as precious relief. The year's long march of bad news--threats of war and weapons of mass destruction, corporate scandals and CEO perp...
Two years after Clive Davis's Arista ouster, Bertelsmann resurrected the label legend, buying the rest of his J Records and naming him head of RCA Music Group. And against the post-merger odds, HP'...
It's a quarter to eight on a steamy central Florida morning in early October, and Carly Fiorina is already on message. Accompanied by two aides as well as her husband, Frank, the 48-year-old CEO of...
Sallie Krawcheck bet her career on her scruples. Two years ago, she and her colleagues at Sanford C. Bernstein stubbornly insisted that running a pure research house--with no investment banking, no...
Value investors are the penny pinchers of the stock market--stubbornly refusing to follow fads, poring over financials to calculate a company's true worth. So you can imagine our surprise when we l...
1 Out West: Colorado multitasks with the Telluride Film Festival and the Renaissance Weekend in Aspen. Back East: Russia conducts its first census since the breakup of the Soviet Union.
Back in March, HP CEO Carly Fiorina made another of her famous promises. Referring to her deal-turned-family-squabble to merge HP and Compaq, she vowed there would be "no hanging chads" from shareh...
Carly Fiorina seems to have won the bitter proxy battle over Hewlett-Packard's merger with Compaq, but one small point remains. The war to make the combined company a success isn't over. It is mere...
Women make up just 12% of corporate officers in the FORTUNE 500, and you can count the number of female CEOs in those companies on two hands (one hand and one finger, to be exact). This isn't heart...
Opening Ceremonies Event Federal officials apply so much heat to Enron's Ken Lay that he spontaneously bursts into flames and ignites the Olympic torch.
If the increasingly acrimonious battle between Hewlett-Packard's management and the son of one of its co-founders were a political campaign, Walter Hewlett might be planning his first 100 days in o...
A deadly disease besieged executives across the country this year: Call it Sudden Reputation Death Syndrome. Early symptoms seemed innocuous enough--grumbling board members, mild cases of foot-in-m...
Ever since Wess Roberts' Leadership Secrets of Attila the Hun hit the bestseller lists back in the 1980s, writers have drawn business lessons from an unlikely assortment of historical figures, from...
For some 30 years--ever since women started jockeying for power in the workplace--patience has gotten a bad rap. After all, the virtue fairly reeks of a Victorian mission to corset women into the r...
This past summer, what is arguably the most significant event in the history of the computer industry had its 20th anniversary: the introduction of the IBM PC. And as if on cue, the occasion was ma...
What you don't know can hurt you. Especially when you used to know it. What we're talking about here is disclosure, or rather the lack of it. In many instances, companies suddenly stop disclosing v...
As Carly Fiorina closes out her second year as chief executive of Hewlett-Packard, she is learning the hard way that not everyone is coated with Teflon. Rarely has a CEO been so closely identified ...
Everyone, it seems, is searching for signs that America's long-suffering technology sector is about to turn a corner. At least Steve Fortuna, a Merrill Lynch analyst, knows where to look. Once ever...
So you consider yourself something of a business whiz. But just how good is your ear for corporate-speak? Test your knowledge by pairing the mugs of the head honchos below with some of their recent...
John Molloy may have coined the phrase with his how-to books in the late 20th century.
Credit Hewlett-Packard CEO Carly Fiorina with nerve. Even as her company's sales growth stalls and its stock rests near its 52-week low, she's thinking of more than just short-term fixes.
Bruce Wong was a recruiter's worst nightmare. He liked his job as a clinical scientist at SmithKlein Beecham and had no desire to leave. Wong had agreed to interview at archrival Bristol-Myers Squi...
No turtles were harmed in the production of this magazine. The turtle on this page, you can plainly see, retains its dignity, even in the face of an impossibly tall obstacle. That's because it is m...
By now you've looked ahead at our list of the 100 Best Companies to Work For. You've probably noticed that many of the companies are the same as last year's, which raises the question, "Has anythin...
The day Debby Hopkins blew into Lucent, Jim Lusk intended to despise her. Lucent's interim chief financial officer for a stretch this year, Lusk was the guy due to get the top financial job if Chie...
FORTUNE's 2000 ranking of America's top women has a record 18 newcomers. Some, like Handspring's Donna Dubinsky (No. 4), have risen in sync with the new economy. But many others are consolidating t...
My, my, my, aren't we all becoming prefixated on personalizing the Web! MyYahoo, MyCNN, MyDell--there's no shortage of sites practicing one-to-one marketing and mass customization. Personalization ...
C'mon, admit it. At some point you've screamed, sighed, or perhaps just intensely thought, TGIF! But what about TGINT (as in Thank God It's Not Tuesday)? Huh? Tuesday, or "Black Tuesday" as it is s...
Jeff Christian is the hotshot recruiter who placed Lucent executive Carly Fiorina as the new CEO of Hewlett-Packard. Christian specializes in technology and positions his firm, Christian & Timbers,...
The Ivy League degree, the Harvard MBA, and the fast-track management-training program are all useful accouterments. But what does a powerful woman need most? A larger-than-life mother. When we ask...
To compile FORTUNE's second annual ranking, we reassessed the achievements of last year's group and examined the accomplishments of more than 300 potential newcomers. We calculated the amount of re...
When Carly Fiorina was competing to become the new CEO of Hewlett-Packard earlier this year, she stood out not because she was a woman--two of the four finalists were--but because she had never wor...
We (kind of) hate to say it, but we told you so. Last October, FORTUNE named Carly Fiorina the most powerful woman in corporate America. Her ascent continues: The former president of the $20 billio...
To anyone with a sense of traditional career paths, Carly Fiorina's chance of becoming the most powerful woman in American business would have seemed about as good as, well, a guy's. In college, wh...
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