Friday, March 22, 2013

The Rise and Fall of Carly Fiorina



Cara Carleton “Carly” Fiorina is an American business executive. Her father was a lawyer and a judge who had to move a lot so that Fiorina studied high school in California, North Carolina, England and Ghana.

Fiorina earned her BA in medieval history in 1976 from Stanford University. During her college, she worked with Hewlett-Packard as secretary. She earned her Master in Business Administration degree from the University of Maryland and Master’s degree in science from the MIT.

Her first job was with AT&T. In ten years, Fiorina became AT&T’s first woman officer. Five years later, Fiorina was promoted as head of the North American operations.

In 1990, Fiorina was hired by HP, a Fortune 500 company, as president and CEO. During her term, HP registered annual sales of $50 billion, making HP the largest company in the US that is run by a woman.

Fiorina served HP until February 2005 when she was ousted following a few faults and mistakes, including what was dubbed as “Fiorina’s Folly”.

No comments:

Post a Comment