Fiorina Says Her Groundwork Helped Turn Around Hewlett-Packard
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The former chairwoman and chief says in her new book, ÂTough Choices,Â she deserves plenty of credit for H.P.Âs recent recovery.
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Hewlett-Packard Co. shares jumped as much as 9 percent in Europe after the computer maker said fourth- quarter profit beat its forecast and Chief Executive Carly Fiorina said she&#39;s fixed
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When Carly Fiorina took charge of Hewlett-Packard in 1999, the slumping Silicon Valley pioneer was on the verge of missing the Internet boom.
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Meg Whitman of eBay has been named the most powerful woman in corporate America by Fortune magazine, toppling Carly Fiorina of Hewlett-Packard who had been at the top of the list since it began in 1998.
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SAN FRANCISCO -- Hewlett-Packard Co.'s chief ethics officer learned the company's detectives were relying on shady tactics to gather private phone records long before a boardroom battle over media leaks triggered criminal and congressional investigations .
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Patricia Dunn, the former chairman   of Hewlett-Packard Co., said she believed the investigation   into leaks had been authorized by the company's chief financial   officer and the methods used were legal, according to testimony   to Congress released on Wednesday.
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The memoir of fallen  Hewlett-Packard Co. leader Carly Fiorina, once America's most  powerful woman chief executive, paints an unsparing picture of  the internal power struggles and gender politics that  prefigured America's most public corporate boardroom scandal.
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(InfoWorld) - Embattled Hewlett-Packard chairman Patricia Dunn told an appreciative audience in San Francisco Wednesday night that she looks forward to the opportunity to "set the record straight" regarding allegations that she oversaw anÂ internal investigation of the companyÂ which may have broken the law. Dunn made the remarks during a previously scheduled event where she was inducted into the Hall of Fame of a group of San Francisco Bay Area government and business leaders. An audience of about 800 people at The Westin St. Francis hotel on San Francisco's famed Union Square, gave Dunn a standing ovation. "All I will say about the maelstrom ofÂ  recent unwelcome attention is that I look forward eagerly to the time in the near future when I will be permitted to set the record straight," she said. Dunn was honored by the Bay Area Council for her success in business and her philanthropic work. Besides being chairman of HP, she was vice chairman of Barclay's Global Investors. Dunn also is on the board of a nonprofit program helping troubled youth in San Francisco and a program for providing health care to the poor in Oakland, California. The audience was largely supportive. "I think she was courageous" to appear, said Lynette Busby after the speech while her husband, James, added, "she hasn't been convicted of anything and in America that's important. She is a very forthright person." But there was some criticism. "I think it's unbelievably arrogant of [the council] to select her when she is under anÂ egregious cloud of suspicion," said one local attorney who declined to be identified. Even though she was chosen for the Hall of Fame before the scandal broke, the honor should have been withdrawn, he said. She and others involved are accused of "doing things that are contrary to the best values of America." Dunn also tried to make light of her situation. While she said she wanted to set the record straight, she added, "and in the meantime it wouldn't hurt if the pope would continue to make controversy." Dunn is one of several people who have agreed to appear at aÂ Sept. 28 hearingÂ of a House Subcommittee probing allegations that HP hired private investigators to determine which of its board members were leaking news of board deliberations to the media. The investigators allegedlyÂ obtained private phone recordsÂ of board members, some HP employees, and reporters under false pretenses to determine the source of the leak, a tactic called pretexting. The House Energy and Commerce Committee is considering federal legislation to outlaw pretexting. California Attorney General Bill Lockyer is investigating the possibility ofÂ filing state chargesÂ against people implicated in the scandal. Dunn was forced to announce Sept. 12 that she will resign in January from the chairmanship of the HP board, although she will remain a director, amid news reports about her role in ordering an investigation of the board media leaks. She has stated she did not know outside investigators were using pretexting and that she kept a distance from the investigation, but a Wall Street Journal article Wednesday, based on an internal HP report, indicated she may have been more involved in the probe than she indicated earlier.
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At the HP Technology Forum, Ann Livermore, executive vice president of Hewlett-Packard Co.'s technology solutions group, discussed a variety of topics, including the performance of a services operation that's increasingly moving offshore.
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(InfoWorld) - It happens every year: as the calendar gets ready to turn over, we get an itch to pause, to be quiet, to reflect. Thatâs probably why âyear in reviewâ stories are so popular at this time of year: they channel a seasonal compunction among editors and readers alike. But what to make of 2006? Itâs a year in which some enterprises and IT firms made bold moves to set themselves on a new course, while others failed, in spectacular fashion, to learn the lessons of the past. For this penultimate Tech Watch, we review the year with the aid of some pithy quotes. âIf I knew then what I know now, Iâd have done things differently.â -- Patricia Dunn, former Hewlett-Packard chairwoman Sometimes you come across a product or corporate initiative -- letâs take Sonyâs recent DRM spyware as an example -- that is so patently wrongheaded you canât imagine how it ever came to see the light of day. When you dig into the history of those decisions, you often find that they were made by people who were trying, earnestly, to solve a very specific problem without seeing how their âsolutionâ might affect the company as a whole. Thatâs what makes the scandal that led to the resignation of HP Chairman Patricia Dunn and the criminal charges against her, HP legal counsel Kevin Hunsaker, and three outside investigators all the more exceptional. These were the folks at the top of the totem pole. The dispute arose over the handling of an investigation by HP to see which members of its board of directors leaked information, including arguments about the ouster of former CEO Carly Fiorina, to the press. Hurd and other board members, it seems, became distracted by a âplumbingâ expedition, as it was called in the Nixon White House, and contracted with a company to use âpretexting,â a controversial technique where investigators pretend to be the people being investigated in order to access private information. Despite intense media and legal scrutiny, though, the squabble has not fazed HP shareholders or customers. Under Mark Hurd, CEO and newly appointed chairman, the company is fulfilling the promise of the controversial HP-Compaq merger engineered by Fiorina: It has overtaken Dell as the leading PC maker and IBM as the biggest IT company. The spy scandal has broad implications, however. Congress is now considering federal laws against pretexting, and increased oversight of corporate governance is becoming a shareholder rallying cry. --Marc Ferranti, IDG News Service ââFree has to have a price?â Thatâs nonsense.â -- Sun CEO Jonathan Schwartz After years of staving off open source proponents, Sun Microsystems in November 2006 bit the bullet and made Java available via open source, and doubled down on that by offering up Java to the GNU General Public License, ensuring that revisions to Java are submitted back to the community at large. Naturally, the move raised as many questions as it answered. Chief among them: Can Sunâs Java gurus adapt to the new paradigm and relinquish some degree of control? Looking at the evidence, it seems likely that Sun can. Java already has spawned a whole industryâs worth of open source projects such as the popular Spring Framework. Sunâs Solaris OS has thrived under open source. Inside Sun, however, not everyone shared Schwartzâs optimism. Graham Hamilton, a Sun Fellow for the Java team, departed the company over the momentous announcement, according to one insider. Outside Sun, IBM protested that it wanted Java placed under the jurisdiction of the Apache Software Foundation. Schwartzâs decision regarding Java will be remembered as a high point of 2006, and further proof that commercial vendors must find a way to ride, not fight the open source wave. -- Paul Krill âI am having personal difficulty looking veterans in the eye.â -- VA CISO Pedro Cadenas With mega blow-ups like the hack of CardSystems, many labeled 2005 the âYear of the Data Breach.â But that year seemed to extend, seamlessly, into 2006, as well. No incident epitomized the bumbling of sensitive data than the U.S. Department of Veterans Affairsâ loss of a laptop containing personal data of more than 26 million vets. The device in question was stolen from the home of a VA analyst, and was later recovered. Stories like the VAâs were sadly common this year. Chevron, GE, AT&T, Starbucks, and Wells Fargo all reported losing customer or employee data. One of the common themes in many cases was that data was being carried around, unencrypted, on portable PCs stolen from or lost by employees of third-party companies. That troubling trend bears out in a study that Vontu and the Ponemon Institute conducted this year, which found that 81 percent of the 500 companies surveyed âreported the loss of one or more laptops containing sensitive information during the past 12 months.â --Ted Samson âI wouldnât be surprised to see SaaS services (at) $5 per month, per user.â -- Josh Greenbaum, EAConsult 2006 didnât quite make it as âThe Year of SaaS,â but it came darn close. Spurred by the success of firms such as Salesforce.com, Microsoft, Oracle, and SAS created SaaS CRM products with integration to their on-premises software as a differentiator. Even more important: SaaS providers, led by Salesforce, laid down a solid foundation on which to build new services in 2007 and beyond. Take, for example, AppExchange, an online market of sorts that Salesforce launched in October. AppExchange allows third-party providers to post their wares, and gives users the ability to pick and choose from applications and features that enhance the Salesforce.com software. AppExchange implies a recognition by Salesforce and, we can now assume, other SaaS providers that if enterprise-level companies are to adopt SaaS, then SaaS solutions canât be siloed. Integration of CRM with ERP, business intelligence and product lifecycle management are a must for the enterprise. -- Ephraim Schwartz âthe best season to visit Italyâ -- search query by Thelma Arnold, aka AOL user No. 4417749 Connect users to the world of information â¦ then betray their trust. Itâs not exactly the long-term strategy AOL had in mind, nor one to stay on top in todayâs Web 2.0-influenced Internet. Yet AOLâs infamous search data leak in August, which resulted in the ousting of CTO Maureen Govern, was just one headline head-scratcher involving the online giant this year. AOL, with its huge user base, has a track record of developing innovative new services to keep users loyal. That should have put the company at the forefront of the Web 2.0 wave that gave birth to sites such as FaceBook. But AOL, like other âold lineâ dot-coms Yahoo and Microsoft, proved too slow on the uptake, as firms with bigger visions and faster feet cherry-picked hot properties and left them standing on the sidelines. AOL hurt itself, too, with news reports of horror stories from customers who tried to cancel accounts, and a âbadwareâ label for AOL 9.0. By the time The New York Timesâ triangulated Thelma Arnold, a 62-year-old widow from Lilburn, Ga., from the search record of AOL user No. 4417749, it was merely putting a face on AOLâs already eroding relationship with its expansive user base. By yearâs end, firms such as AOL and Yahoo were taking bolder steps to right their listing vessels: AOL dropped its subscription-services model and a quarter of its workforce, including CEO Jonathan Miller. Yahoo also shook up its boardroom, amid disappointing earnings and signs of discontent from senior management. Shortly before he lost his job, CEO Miller had observed in a keynote speech that âthe big companies will stay big companiesâ as the Internet evolves. Going into 2007, AOL isnât alone among big companies that are praying that adage rings true. -- Jason Snyder
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By Kimberly Pierceall, The Press-Enterprise, Riverside, Calif.  Feb. 10--Two years ago, as its chief executive officer and chairwoman,  Carly Fiorina led Hewlett-Packard through the controversial merger that would  fuse her company and Compaq.
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Carly Fiorina, who was ousted last week as chairman and CEO of Hewlett-Packard Co. , will have received &#36;45 million worth in stock options and severance pay on top of her regular salary and cash bonuses after five years at the company, a spokeswoman said on Monday.
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We did it my way On September 6 - Carly Fiorina's birthday - investigators involved in the HP spy scandal could hear the butcher's footsteps. Quite a few people would be sacrificed because of the public relations mess, and those closest to the probe would likely be cut across the neck first.â¦
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By MICHAEL LIEDTKE  SAN FRANCISCO - After replacing Carleton Fiorina as Hewlett-Packard's chief executive nearly 18 months ago, Mark Hurd quickly cobbled together a successful comeback from the jumbled pieces left behind by one of corporate America's most powerful women.
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SAN FRANCISCO, Sept. 11 Â Thomas J. Perkins, the former director who set off a firestorm in Hewlett-PackardÂs boardroom, has had the upper hand so far in his public-relations battle with the chairwoman, Patricia C. Dunn. But his e-mail forwarding button may have cost him points.
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CHICAGO -- This cannot be an easy time for Ann Livermore. When Hewlett-Packard Co. (HP) missed Wall Street's earnings expectations late last week, the blame was placed squarely on the shoulders of the Enterprise Servers and Storage Group, one of the divisions she manages. "Unacceptable" problems within the group cost HP $400 million in revenue and $275 million in operating profit, said HP Chairman and Chief Executive Officer Carly Fiorina just hours before HP announced the sacking of three senior executives within the division.
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Mark V. Hurd has transformed Hewlett-Packard into a growth company, but the success is being overshadowed by the companyÂs leak scandal.