Fiorina's Ousting and Comparisons to other troubled CEOs

Just thought this was interesting considering HP ousted Carly Fiorina last week:


http://www.usatoday.com/tech/columni...15-maney_x.htm

Comparing her reign to other 'doomed' CEOs. I wonder if she is being pinned as a scapegoat in this case? The below is an excerpt of those comparisons:

Quote:

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Fiorina. HP's CEO from 1999 to 2005, she forced a merger with Compaq, eviscerated HP's culture and tried to make HP a computing giant. Instead, HP is an IBM also-ran that makes most of its money on printer cartridges.

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Her merger was for her own benefit which was a huge compensation package. It was looked down upon investors, wall street, both companies the family of HP and their respective boards of directors. 2 failing companies forcefully merging into 1 failed company while destroying the culture of Hewlett Packard. She's not a scapegoat, she's a failure.

Some analyst on The Today Show (I think!) summed it up pretty well...she took risks a man would take, and she paid the price a man would pay. I don't think she's being "scapegoated" at all, I think she took a risk that could have paid off, it didn't pay off, and now she's paying the price for a risk she knowingly took. Although I have to admit, most of us don't get $45 million paydays for risks we take that blow up in our face. :cool:

She was paid a total of 100 million!

And after that lost HALF the the wealth of investors. The merger was bad news from the beginning.

She was a smart cookie, who can now retire.
PLC's are a money pit's.