Thursday, February 10, 2005

Fired and forced to live on 21.1 Million

Poor Carly Fiorina. The now ousted CEO of HP will have to walk the streets knocking door to door with her resume hoping to find work, forced to live day to day on a measily severance of 21.1 million.

Perhaps she can look to the buddies that have gone before her, the thousands of people laid off since she took over the company. Maybe they can help her find another CEO position where she can do her best to bring a company down.

Carly was yet another in a long list of CEOs more concerned with their own well being and public stature than in understanding and improving the companies they work for. Carly's completely misguided merger of HP with Compaq created, like most mergers, was less than the sum of its parts. How she thought it was a good idea to merge HP with a company whose biggest asset was one that they already held (namely, a PC business on a downward slide) is a mystery to many.

What kills me is that the price of failure is a 21.1 million windfall that she'll enjoy until some other company picks her up and allows her to lead them down the path of nothingness.

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