New CEO for HP!

Discussion in 'Current Events' started by stubeeef, Feb 9, 2005.

  1. stubeeef macrumors 68030

    stubeeef

    Joined:
    Aug 10, 2004
    #1
    Wow, there had been some rumbling but Carley is stepping down as CEO, she resigned immediately due to differences with the board. The board lets her go. The press release is coming so no link.

    Big shake up at HP though!

    Stock is up 10% in pre market trading (8:05am eastern time)

    Stay tuned for press releases and articles, I am hearing this on CNBC.

    Search on for new CEO-so put in your application now! :p

    First story out - link
     
  2. relimw macrumors 6502a

    Joined:
    May 6, 2004
    Location:
    SC
    #2
    It's about time. That woman was driving HP into a big hole of trouble.
     
  3. bousozoku Moderator emeritus

    Joined:
    Jun 25, 2002
    Location:
    Gone but not forgotten.
    #3
    Too bad. It looks like they'll go back to their old ways and eventually, just fade away. It seems that everytime she tried to do something she got a "we always did it this way" and you get very little done when your own company is fighting change.
     
  4. mkrishnan Moderator emeritus

    mkrishnan

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    Location:
    Grand Rapids, MI, USA
    #4
    I have mixed feelings about this...on the one hand, I think she's a brave and determined woman, and I think she brought a lot of different thinking to the company in good ways.

    On the other hand, I've kind of disliked her ever since Compaq and HP merged... I felt like HP used to be a company that had a unique soul, like Apple to some extent, although more of a geek soul than a style soul. In some ways admittedly this was bad -- like the way their calculator products were in another timezone from the way everyone else in the world thought. That was almost as surreal as Motorolla trying to convince the world that LEDs were better than LCDs on cell phones....

    But I felt like there was a sort of unique soul to HP, and that Fiorina was kinda sucking that soul out, and trying too hard to play catch up to Dell in terms of hardware, and to IBM in terms of services, instead of trying to make the company succeed by being truly different and innovative....

    Well, I'm not sure anyone else will have a great time making that conglomeration of HP and Compaq into a powerhouse again either.... But if they try and fail, they can always blame Fiorina... :(
     
  5. wordmunger macrumors 603

    wordmunger

    Joined:
    Sep 3, 2003
    Location:
    North Carolina
    #5
    It will be interesting to see where Carly goes next. I think a lot of companies would be interested in her style of innovation to shake things up.
     
  6. mkrishnan Moderator emeritus

    mkrishnan

    Joined:
    Jan 9, 2004
    Location:
    Grand Rapids, MI, USA
    #6
    So, I'm being totally non-sarcastic here, what exactly were the success stories of her career as CEO there?

    I guess one of them was the transformation of the printing business to the emphasis on photo-printing related products for home users. It seems to me, at least, that HP is still very strong in that market, although it also seems like Epson has made a lot of inroads ever since photo printing took off.... But I don't know too much about printers. I guess the story here is that HP went in, pre-Carly, as a real leader in printing, and stayed a leader despite the radical transformation of emphasis that photo printing brought about. Which really is (again, no sarcasm) an accomplishment.... Is that accurate?

    My impression was that the merger has failed to produce any great benefits, and also that the services-oriented transition (a la IBM global svcs) was kinda a bust. Are there other aspects that have been more successful?
     
  7. Daveway macrumors 68040

    Daveway

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    Jul 10, 2004
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    New Orleans / Lafayette, La
    #7
    I read this on Yahoo! a couple minutes ago and i'm in shock. I thought she was great. HP was very innovative under her. Wow.
     
  8. Macaddicttt macrumors 6502a

    Macaddicttt

    Joined:
    Apr 22, 2004
    Location:
    San Diego, CA
    #8
    I think this is good for HP. I never thought she did very well with HP. I haven't seen one really good thing come from HP in a long time.

    I think most people would agree with this, looking at the stock market...

    Does anyone else think it's funny that HP went up 10% after laying someone off when everyone else's stock falls when they announce a big layoff? :p
     
  9. wrldwzrd89 macrumors G5

    wrldwzrd89

    Joined:
    Jun 6, 2003
    Location:
    Solon, OH
    #9
    I guess the investors didn't like Carly too much either. They would send the stock up if she left.
     
  10. PlaceofDis macrumors Core

    Joined:
    Jan 6, 2004
    #10
    i dont know, i kind of liked her style, i think she brought a lot too HP, although i think she tried to get too much done at once though, and thats probably what caused the differences with the board, HP does need to wake up and make some changes if they want to stay around as a company though, otherwise eventually they will go under
     
  11. pigbat macrumors regular

    Joined:
    Jan 18, 2005
    #11
    We use HP (used to use Compaq) exclusively on our Wintel side and I can say I'm not surprised by this. Ever since the merger it has been like pulling teeth to get servers shipped. We've had several orders that went on for months without product shipping. If our company allowed us to order other equipment the Wintel guys could have had Dells in days.

    I'm not saying this was her fault but I can understand the decision to try something new in getting the ball rolling again.
     
  12. rhpenguin macrumors 6502a

    rhpenguin

    Joined:
    Jun 10, 2003
    Location:
    London, Ontario
    #12
    Im kinda worried about this. I work for HP and usualy corporate shakeups mean that the little guy down the line gets the shaft somehow. Good thing im already looking for new work.
     
  13. jdechko macrumors 68040

    Joined:
    Jul 1, 2004
    #13
    She used to be CEO of Lucent Technologies. Screwed things up there too.
     
  14. wide macrumors 6502a

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    May 17, 2004
    Location:
    NYC
  15. wdlove macrumors P6

    wdlove

    Joined:
    Oct 20, 2002
    #15
    I wish you well with your career pursuit. Hopefully you will find an even better position. What type of work are you doing, and what will you be looking for in a new job?
     
  16. Sun Baked macrumors G5

    Sun Baked

    Joined:
    May 19, 2002
    #16
    Lucent and AT&T are basically dead, with everything they once were sold off or spun off. :(

    They should just kill off the respective corporate names and bury the corpses.
     
  17. LimitedEdition macrumors member

    Joined:
    Jan 14, 2005
    #17
    I guess Steve Jobs sets the bar pretty high for tech CEOs. Maybe the board of HP saw what he did for Apple and wondered why their CEO was not doing the same thing...
     
  18. hob macrumors 68020

    hob

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    Oct 4, 2003
    Location:
    London, UK
    #18
    I don't know too much about her, I watched a coupla C|Net videos with her in... introducing new products... Didn't seem too impressive really.

    I did especially like this photo on BBC News of her...

    She must've been bad! Stock up 10% already!

    Hob
     
  19. maya macrumors 68040

    maya

    Joined:
    Oct 7, 2004
    Location:
    somewhere between here and there.
    #19
    1. Some CEO's kill a company slowly and some at a faster pace.

    2. Some CEO's keep the company afloat from before they were appointed the position.

    3. Some CEO's take a company that is sinking and bring it back afloat.

    Steve Jobs is the 3rd type, which is good considering this is the tech industry. :) And you cannot dismiss that he was the 1st CEO of Apple when it started, so he know the company best, in essence Steve Jobs is Apple Computers and its marketing. :)
     
  20. maya macrumors 68040

    maya

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    somewhere between here and there.
    #20
    I also have family who works for HP, in the server distribution section of the company. Not sure if this is good or bad news yet though.
     
  21. Edot macrumors 6502

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    Jan 29, 2002
    Location:
    NJ
    #21
    You mean he INVENTED Apple Computer Inc. along with Woz. :p
     
  22. maya macrumors 68040

    maya

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    Oct 7, 2004
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    somewhere between here and there.
    #22
    Woz was the technical wizard, Steve was the marketing magician. ;) :)
     
  23. munkle macrumors 68030

    munkle

    Joined:
    Aug 7, 2004
    Location:
    On a jet plane
    #23
    Sorry to dig this thread up again but I've just found out why Fiorina was replaced. Check this monstrosity out: :eek:
     

    Attached Files:

  24. Lacero macrumors 604

    Lacero

    Joined:
    Jan 20, 2005
    #24
    Looks like Carly screwed up HP. They should go back to their roots.
     
  25. mkrishnan Moderator emeritus

    mkrishnan

    Joined:
    Jan 9, 2004
    Location:
    Grand Rapids, MI, USA
    #25
    Do you think they can go back to their roots, without massive divestments and changeover and layoffs and things like that?
     

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