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The following is a "closing segment" for the show which aired Wednesday, February 9, 2005 at 11:00 AM EST.
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Wednesday, February 9, 2005 at 11:00 AM EST
Hewlett Packard’s Carly Fiorina Forced Out
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Today, Hewlett Packard’s board or directors forced out chief executive Carly Fiorina after a rocky five-and-a-half-year tenure. Fiorina was one of America’s highest profile executives, both because she was one of only eight women heading Fortune 500 companies, and because of her bold — some say brash — style of decision making.

Fiorina pushed through a $19 billion merger with Compaq in 2002 that yielded only mediocre results. Her fiercest critic was Walter Hewlett, the son of Hewlett Packard’s late co-founder. Today’s news of her resignation sent HP’s stock up 7 percent.

Nancy Koehn, a professor at Harvard Business School, offers some insight into today’s announcement.

Guests:

Nancy Koehn, professor at Harvard Business School.

 
 

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