BUSINESS

Now seeking White House, Fiorina's CEO tenure was stormy

Staff Writer
Columbus CEO

SAN FRANCISCO (AP) — In her quest for the Republican presidential nomination, former tech CEO Carly Fiorina boasts about her experience running Silicon Valley computer-maker Hewlett-Packard.

What Fiorina's campaign literature doesn't highlight is that she was fired from that job in 2005, after a stormy tenure.

Fiorina has blamed her ouster on a sudden showdown with HP directors, but most of her six years as CEO were contentious. She cut more than 30,000 jobs and undertook a massive merger with rival Compaq, which sparked a messy battle with the families of HP's founders.

The company missed some key financial targets and, from Fiorina's hiring to her firing, its stock price fell more than 50 percent.

Fiorina says in her defense that when you challenge the status quo you make enemies.