Carly Fiorina was given the boot by HP.
It's all.
Over.
The News.
On a related note, HP's stock is up.
I need another cup of coffee to celebrate. Tonight, I think I'll stop on the way home and pick up some Easy Street. Seems apropos.
posted by Linda on February 9, 2005 04:05 PMYeah, but considering she is getting a very sweet severence package of 21 million, I am not sure who is getting the better end of the bargin. I just know that I think I could stand getting fired with that kind of money coming to me... isn't it sad? We screw up and we get canned and nothing, or laid off with some sort of lame "package." She screws up and is given 21 million. I think that money should go towards some kind of recognition program for the employees that suffered under her watch. So there!
Posted by: Ethne at February 9, 2005 07:01 PMNo time to be looking a gift horse in the mouth. HP can afford $21M to start on a new course.
Linda - thanks for your comments at Ripples blog http://ripples.typepad.com/ripples/2005/01/signs_of_a_prob.html they are very poignant.
While it certainly isn't in anybody's interest to get the government involved in executive compensation, these packages are a direct result of boards of directors playing fast & loose with other people's money. Certtainly appears shocking--but then, the Mets signed Carlos Beltran to a lot more than that, so who knows?
Posted by: Tony Iovino at February 11, 2005 09:28 PM