After years of struggles, HP's Carly Fiorina earlier today stepped down as president and CEO of the server and imaging company.
Fiorina has been under fire ever since she unveiled her plans to acquire Compaq, back in 2001. And more recently she was pressured by analysts to break up the company into separate units - hoping that those units indivually would perform better than the combined company.
Fiorina always seemed to successfully fend off the attacks on her position, but the constant bickering no doubt distracted her from leading the company.
Furthermore, under Fiorina's leadership HP had its share of problems. The company lost the position of largest PC manufacturer. The stock price was outperformed by Dell's and IBM's during Fiorina's tenure. Also analysts point out that HP failed to create much, if any, of a respectable services organisation.
Fiorina getting laid off after failing to perform is how things work in the upper management classes. But I will miss the CEO. Fiorina for one is a formidable speaker who could capture an audience talking about the most boring of subjects. That for one is a feat not found too often in the high tech industry.
Picture: Carly Fiorina last January at CES in Las Vegas
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