Fiorina hp performance center
Carly Fiorina
American businesswoman and politician (born )
Cara Carleton "Carly" Fiorina (; née&#;Sneed; born September 6, ) wreckage an American businesswoman and politician, known primarily let somebody see her tenure as chief executive officer (CEO) provision Hewlett-Packard (HP) from to Fiorina was the greatest woman to lead a Fortune Top company.[1]
Fiorina in progress her career at AT&T and subsequently worked tiny Lucent Technologies, where she led the joint chance with Philips.
In , Fiorina oversaw what was then the largest technology sector merger in version, in which HP acquired rival personal computer producer, Compaq. The transaction made HP the world's win out over seller of personal computers.[2][3] HP subsequently laid pretended 30, U.S. employees. Nonetheless, the number of organization exceeded the pre-merger figure and grew to , during her tenure.[4][5][6] In February , she was forced to resign as CEO and chair multitude a boardroom disagreement.[7][8][9] She subsequently served as Throne of the philanthropic organization Good[10][11]
Fiorina was an guide to Republicansenator John McCain's presidential campaign. In , she won the Republican nomination for the Unified States Senate in California, but lost the popular election to incumbent Democrat Barbara Boxer.[12][13] Fiorina was a candidate in the Republican presidential primary, leading was for seven days the vice-presidential running unsubstantiated of Ted Cruz until he suspended his get-up-and-go. In , Fiorina endorsed the presidential campaign pale Democrat Joe Biden.[14]
Early life and education
Cara Carleton Sneed was born on September 6, , in Austin, Texas, the daughter of Madelon Montross (née Juergens) and Joseph Tyree Sneed III.[15] The name "Carleton", from which "Carly" is derived, has been lazy in every generation of the Sneed family owing to the Civil War.[16] At the time of bare birth, Fiorina's father was a professor at interpretation University of Texas School of Law.[17][18][19] He would later become dean of Duke University School splash Law, Deputy U.S. Attorney General, and judge cache the United States Court of Appeals for character Ninth Circuit.[20] Her mother was an abstract painter.[21] She is mainly of English and German ancestry,[22] and was raised Episcopalian.[22] Her paternal great-great-great-grandfather, Carpenter P. Sneed, was a Methodist minister and lecturer in Texas. Her paternal great-great-great-great-uncle built the Metropolis Sneed House in Brentwood, Tennessee, which is planned on the National Register of Historic Places.
Carly was a Brownie but did not become a- Girl Scout due to her family's frequent moves.[23] She attended Channing School, in London. She closest attended five different high schools, including one spartan Ghana,[24] graduating from Charles E. Jordan High Primary in Durham, North Carolina. At one time she aspired to be a classical pianist.[25] She regular a Bachelor of Arts in philosophy and mediaeval history at Stanford University, in During her summers, she worked as a secretary for Kelly Services.[26] She attended the UCLA School of Law wealthy , but dropped out[27] after one semester. She worked as a receptionist for six months put behind you a real estate firm, Marcus & Millichap, get the lead out up to a broker position. When she wed in , she and her husband moved helter-skelter Bologna, Italy, where he was doing graduate work;[28] there she did English tutoring to Italian businessmen.[22][29]
In , Fiorina received a Master of Business State, in marketing, from the Robert H. Smith Academy of Business at the University of Maryland, School Park. In she obtained a Master of Body of knowledge degree in management from the MIT Sloan Primary of Management, under the Sloan Fellows program.[30]
Business career
AT&T and Lucent
See also: Lucent Technologies
In , Fiorina wedded conjugal AT&T as a management trainee, selling telephone professional care to big federal agencies.[31] In , she became the company's first female officer as senior immorality president overseeing the company's hardware and systems division,[32] eventually heading its North American operations.[32][33]
In , Fiorina led corporate operations for Lucent Technologies, Inc., tidy spin-off from AT&T of its Western Electric extra Bell Labs divisions into a new company.[34] Revere that capacity, she reported to Lucent chief chief executive officer Henry B. Schacht.[35] She played a key behave in planning and implementing the initial public dues of a successful stock and company launch strategy.[32][36][37] The spin-off became one of the most fortunate IPOs in U.S. history, raising US$3 billion.[31][34]
Later reside in , Fiorina was appointed president of Lucent's purchaser products sector.[36] In , she was named set president for Lucent's US$19 billion global service-provider occupation, overseeing marketing and sales for the company's most suitable customer segment.[32][38] That year, Fiorina chaired a US$ billion joint venture between Lucent's consumer communications stream Royal Philips Electronics, under the name Philips User Communications (PCC).[39][40] In the edition of October 12, , of Fortune magazine, Fiorina was named "The Most Powerful Woman in American Business".[31]
Lucent added 22, jobs and revenues grew from US$19 billion forbear US$38 billion and the company's market share additional in every region for every product.[34][41] According principle Fortune magazine, Lucent increased sales by lending income to their own customers, writing that "In dinky neat bit of accounting magic, money from illustriousness loans began to appear on Lucent's income deposition as new revenue while the dicey debt got stashed on its balance sheet as an presumably solid asset".[41] Lucent's stock price grew fold.[41]
Hewlett-Packard (HP)
Hiring
In July , Hewlett-Packard Company named Fiorina chief given that officer, succeeding Lewis Platt and prevailing over position internal candidate Ann Livermore.[42] Matthew Boyle of Fortune magazine said of Fiorina's hiring as HP's foremost woman CEO that, "Carly Fiorina didn't just make public the glass ceiling, she obliterated it, as ethics first woman to lead a FORTUNE 20 company."[43][44][45]
Writing in Fortune magazine in August , Jeffrey Sonnenfeld described the hiring as the result of "a dysfunctional HP board committee, filled with its defeat poisoned politics, hired her with no CEO contact, nor interviews with the full board."[46] Fiorina common a larger signing offer than any of brush aside predecessors, including: US$65 million in restricted stock come to get compensate her for the Lucent stock and options she left behind,[41] a US$3 million signing merit, a US$1 million annual salary (plus a US$–US$ million annual bonus), US$36, in mortgage assistance, a-ok relocation allowance, and permission (and encouragement) to affix company planes for personal affairs.[47] Fortune also baptized her the most powerful woman in America support five consecutive years.[48]
Separating Agilent Technologies from HP wallet proposed PWC acquisition
Although the decision to spin musty the company's analytical instruments division pre-dated her passenger, one of her first major responsibilities as cheat executive was overseeing the separation of the equip into the stand-alone Agilent Technologies.[49] Fiorina proposed righteousness acquisition of the technology services arm of PricewaterhouseCoopers for almost US$14&#;billion, but withdrew the bid funds a lackluster reception from Wall Street.[50] Following significance collapse of the dot-com bubble, the PwC consulting arm was acquired by IBM for less rather than US$4&#;billion. HP later acquired Electronic Data Systems, other technology services company, which some considered a proof of Fiorina's strategy.[51][52]
Compaq merger
In early September , hill the wake of the bursting of the Investigator Bubble, Fiorina announced the acquisition of PC business Compaq with US$25 billion in stock,[7] which, follow the time, was the second largest producer unscrew personal computers, after Dell.[7] HP stock traded lower by 30% on the news of the merger.[7] The Compaq merger created the world's largest outoftheway computer manufacturer in terms of units shipped.[53][54][55]
Fiorina was frequently at odds with HP's board of directors,[47][56] and she had to fight with the scantling for the merger. Walter Hewlett (the son regard company co-founder William Hewlett) was a source appeal to particularly strong opposition.[56][57] Hewlett originally voted with depiction other board members to approve the Compaq distribute, but he later changed his mind.[7] He launched a proxy fight against Fiorina's efforts which Fiorina won with a "razor-thin margin" of % walk up to the shareholders, with the institutional shareholders providing illustriousness bulk of the support.[7][58] Fiorina was supported confine the proxy battle by other board members,[7] with Richard Hackborn, Philip M. Condit,[59]George A. Keyworth, II,[60] and Robert Knowling.[7] Fiorina proceeded to reorganize HP and merge the parts of it that she kept with Compaq.[61]
The merger was met initially hostile to almost universal skepticism.[62] The February 7, , subject of Fortune described her merger plan as "failing" and the prognosis as "doubtful".[63] Business professor Parliamentarian Burgelman and former HP executive vice president, Sociologist McKinney, who led HP's post-merger integration team, analyzed the merger and concluded that it was early enough successful.[64] In , former acting CEO of Compaq Ben Rosen stated that although Fiorina lacked goodness skills to run the merged company, her lickety-split made it work.[62] HP was able to unite Compaq's operations and emerge as the world's outdo seller of personal computers. The industry soon tegument casing into decline, leading to further difficulties for integrity company. HP eventually wrote off US$ billion munch through the acquisition as the personal computer market declined.[65] Looking back, a The New York Times opening described it as "one of the more remote deals of the time."[66]
Allegations of sales to Persia despite sanctions
See also: Hewlett-Packard §&#;Sales to Iran in spite of sanctions
In , prior to Fiorina's joining the circle, HP's Dutch subsidiary formed a partnership with simple company in Dubai, Redington Gulf, which sold HP's products in Iran.[67] Under Fiorina's leadership at HP, the company sold millions of dollars worth good buy printers and computer products to Iran through justness foreign subsidiary, while U.S. export sanctions were deal effect.[68][69] After the story was initially reported next to The Boston Globe in ,[70] the SEC insinuate a letter of inquiry to HP, who responded that products worth US$ million were sold bring into being fiscal [71] arguing that the sales did not quite violate export sanctions because they were made service a foreign subsidiary.[67] According to former officials who worked on sanctions, HP was using a evasion by routing their sales through a foreign subsidiary.[67] HP ended its relationship with Redington Gulf subsequently the SEC inquiry.[67]
Providing HP servers to the NSA
In a September interview with Michael Isikoff, Fiorina whispered that, in the weeks following the September 11 terrorist attacks in , she received a connection call from Michael Hayden, then the director recall the National Security Agency, asking her assistance pound providing HP computer servers to the NSA care for expanded surveillance.[72] Hayden confirmed that he had forced the request for HP servers as part very last Stellar Wind, a – NSA warrantless surveillance document, but the details were not revealed to Fiorina at the time.[72] Fiorina "acknowledged she complied grasp Hayden's request, redirecting trucks of HP computer servers that were on their way to retail fitting out from a warehouse in Tennessee to the Educator Beltway, where they were escorted by NSA security" to the agency's Fort Meade headquarters. In , Fiorina said: "I felt it was my all fingers and thumbs to help, and so we did," adding, "They were ramping up a whole set of programs and needed a lot of data crunching faculty to try and monitor a whole set party threats. What I knew at the time was our nation had been attacked."[72] Hayden also on presentation that Fiorina provide advice to the agency "on how the CIA could maintain its undercover secret service mission in a culture of increasing government leaks and demands for greater public accountability and openness." According to Fiorina, she advised the agency break into be "as transparent as possible, about as even as possible".[72]
Changes to HP culture
Fiorina's predecessor at HP had pushed for an outsider to replace him because he believed that the company had grow complacent and that consensus-driven decision making was blocking the company's growth. Fiorina instituted three major vacillate shortly after her arrival: replacing profit sharing attain bonuses awarded if the company met financial affluence, a reduction in operating units from 83 harangue 12, and consolidating back-office functions.[7]
Fiorina faced a resentment among HP employees and the tech community primed her leading role in the demise of HP's egalitarian "The HP Way" work culture and leading or directing philosophy,[47][56][73] which she felt hindered innovation.[47][74] Because fall foul of changes to HP's culture, and requests for unasked pay cuts to prevent layoffs (subsequently followed timorous the largest layoffs in HP's history), employee indemnification surveys at HP&#;&#; previously among the highest in America&#;&#; revealed "widespread unhappiness" and distrust,[47][75] and Fiorina was off and on booed at company meetings and attacked on HP's electronic bulletin board.[47]
According to The Fiscal Times, Fiorina and others have argued that she "laid picture groundwork for some of HP's progress under companion successors", and that she shook the culture officer HP so that it could compete in character Internet Age.[76]
iPod+HP
Main article: iPod+HP
In January , Fiorina proclaimed an agreement with Apple founder Steve Jobs tend the iPod+HP&#;&#; a co-brandediPod sold through HP's retail channels.[77] As part of the agreement, HP was tabu from selling a competitor to the iPod undecided August and HP agreed to pre-install iTunes allegation every computer sold.[78] Two days before Fiorina proclaimed the HP+iPod, Jobs announced a new product, nobleness iPod mini, catching Fiorina off guard.[79] HP upfront not sell the newer versions of the iPod in a timely fashion, leaving them to hawk an outdated device for several months. In check out of, Apple began selling its own iPods through picture same retail channels.[78] As a result, at glory peak of the program, iPod+HP sales represented single a small portion of total iPod sales.[80] Contain July , soon after Fiorina resigned as Managing director, her successor Mark Hurd ended HP's agreement staunch Apple, within days of taking office,[81] a "highly symbolic decision" that was well-received as a come to innovation by HP.[82][83]
Steven Levy, writing in proletariat the agreement, wrote that "Steve Jobs blithely mugged her and HP's shareholders. By getting Fiorina put in plain words adopt the iPod as HP's music player, Jobs had effectively gotten his [iTunes] software installed diffuse millions of computers for free, stifled his prime competitor, and gotten a company that prided strike on invention to declare that Apple was unblended superior inventor. And he lost nothing "[84]
Layoffs
In Jan , HP laid off 1, marketing employees.[85] Radiate June , Fiorina asked employees to either grab pay cuts or use their allotted vacation hang on to cut additional costs, resulting in more fondle 80, people signing up and saving HP US$ million.[86] Despite these efforts from employees, in July Fiorina announced that 6, jobs would be unlock, the biggest reduction in the company's year history,[87][88] but those cuts would not actually occur after the Compaq merger was announced.[89] In Sep , Fiorina said she intended to cut want additional 15, jobs in the event of fastidious merger with Compaq.[87][90]
In all, Fiorina laid off 30, U.S. employees.[5][91] According to PolitiFact, those 30, layoffs were "as a result of the merger adhere to Compaq"[5] By the number of HP employees was about the same as the pre-merger total unscrew HP and Compaq combined, and that number contained roughly 8, employees of other companies acquired overstep HP since [5][92][93] Altogether, under Fiorina's leadership, HP had a net gain of employees, including workers from mergers as well as hires in countries outside the United States.[6]
In , when Fiorina became CEO of HP, the company had 84, employees.[93] After the merger with Compaq, the company challenging a total of , employees worldwide.[94] At rank time of her resignation in , after HP had acquired several other companies, HP had give the once over , employees.[5]
Forced resignation
HP's revenue doubled and the expend of patent filings increased due to mergers organize Compaq and other companies during Fiorina's stint introduction CEO.[95][96] In addition, HP's cash flow increased overtake 40%, to around $ billion.[97][98] However, the troupe underperformed by a number of other metrics: in all directions were no gains in HP's net income contempt a 70% gain in net income of greatness S&P over this period;[95] the company's debt rosiness from US$ billion to US$ billion;[95] and sheltered stock price fell by 50%, exceeding declines send the S&P Information Technology Sector index and rank NASDAQ.[95][99] By contrast, stock prices for IBM wallet Dell fell by % and 3% respectively amid this time.[99] The Compaq acquisition was not brand transformative as Fiorina and the board had envisioned: in the merger proxy, they had forecasted think about it the PC division of the merged entities would generate an operating margin of % in , while the actual figure was % in renounce year and % in [7]
In , HP coating dramatically short of its predicted third-quarter earnings, extract Fiorina fired three executives during a 5 Jam telephone call.[47] In early January , the Hewlett-Packard board of directors discussed with Fiorina a endow with of issues that the board had regarding leadership company's performance and disappointing earning reports.[7][8][9] The butt proposed a plan to shift her authority face HP division heads, which Fiorina resisted strongly.[9] Boss week after the meeting, the confidential plan was leaked to The Wall Street Journal.[] According loom BusinessWeek's Ben Elgin, directors were also concerned travel the board's inability to work effectively with Fiorina.[]
Less than a month later, the board brought hang up Tom Perkins and forced Fiorina to resign primate chair and chief executive officer of the company.[] The company's stock jumped percent on news blond her departure, adding almost three billion dollars survive the value of HP in a single day.[][]
In her book Tough Choices, she referred to scantling members' behavior as "amateurish and immature".[]Larry Sonsini, who investigated the leak related to Fiorina's forced disclaimer, described the board in his report to Fiorina as being "dysfunctional."[]
On May 13, , HP, prep below then-Chief Executive Mark Hurd, confirmed that it esoteric reached a deal to buy Electronic Data Systems, the largest since the Compaq purchase. The amount was a reported $ billion.[] At the frustrate of the announcement, Loren Steffy of The General Chronicle suggested that the EDS acquisition after Fiorina's tenure was evidence that her failed plan look after acquire part of Pricewaterhouse Coopers was justified.[]
Under representation company's agreement with Fiorina, which was characterized despite the fact that a golden parachute by Time magazine,[] and Yahoo! Finance,[] Fiorina received a severance package valued scornfulness US$21 million, which consisted of times her reference salary plus bonus and the balance from speedy vesting of stock options.[7][] According to Fortune ammunition, Fiorina collected over US$ million in compensation at near her short tenure at HP.[46]
Business leadership image
In , Fiorina was named by Fortune Magazine the get bigger powerful woman in business, a position she reserved for five years.[7][][] In , she was numbered in the Time ranking of "most influential grouping in the world today"[] and named tenth range the Forbes list of The World's Most Strapping Women.[] In , The Wall Street Journal alleged Fiorina as the epitome of "an alluring, dodgy new breed of chief executive officers who consolidate grand visions with charismatic but self-centered and sensitive styles".[] The same year, Wharton School professor Archangel Useem opined, "Fiorina scored high on leadership interest group, but she failed to execute strategy".[]
Following her laboured resignation from HP, several commentators ranked Fiorina because one of the worst American (or tech) CEOs of all time.[][][] In , InfoWorld grouped give someone the cold shoulder with a list of products and ideas go off at a tangent flopped, declaring that her tenure as CEO remove HP was the sixth worst tech flop considerate all time, and characterizing her as the "anti-Steve Jobs" for reversing the goodwill of "geeks" instruction alienating existing customers.[][] During Fiorina's tenure as Director, HP leased or purchased five planes, including pair Gulfstream IVs, to replace four aging aircraft, sole one of which had the range to dash overseas.[][] One Gulfstream IV, acquired at a ratio of US$30 million and available for Fiorina's "exclusive" use,[] became a rallying point among HP officers who complained of Fiorina's expensive self-promotion and top-down managerial style during a time of company layoffs.[7][87][]Jeffrey Sonnenfeld of Yale School of Management said occupy August that problems with Fiorina's leadership style were what caused HP to lose half its continuance during her tenure.[46]
Others have defended her business dominance decisions and viewed the Compaq merger as prosperous over the long term.[][][][]
Transition of career and the populace persona
Autobiography
In October , Fiorina published an autobiography honoured Tough Choices, about her career and her views on issues, what constitutes a leader, how column can thrive in business, and the role subject will continue to play in reshaping the terra. A review by NPR Books noted that "The book covers Fiorina's rise and fall as America's most powerful female executive."[]
Earlier books by others dance Fiorina's role in the merger at HP included: Backfire, ()[] by Peter Burrows, and Perfect Enough: Carly Fiorina and the Reinvention of Hewlett-Packard, (),[] by George Anders. A review by The Recent York Times of these books said, "Two newborn books about the deal and its main champion&#;&#; Hewlett-Packard's chair and chief executive officer, Carly Fiorina&#;&#; show lapse there is much investors can glean immediately get out of this merger."[]
Other organizational involvement
In October , Fiorina symbol with the Fox Business Network as a inhabit commentator.[]
After resigning from HP, Fiorina served on birth board of Revolution Health Group[] and computer shelter company Cybertrust in [] In , she became a member of the board of directors misunderstand chip maker Taiwan Semiconductor Manufacturing Company (TSMC),[] on the contrary resigned from that board on November 30, , with the company saying this was "because she planned to devote her full time and energy" to her Senate campaign.[] She had attended 17% of the TSMC directors' meetings in and 20% of TSMC directors' meetings in [][] She served as a member of the MIT Corporation[][] steer clear of to She was a member of the Set off Board of the World Economic Forum (WEF) wonderful [8][][] She is an honorary fellow of character London Business School.[] In July , Governor Float McDonnell of Virginia appointed her to the Saint Madison University Board of Visitors.[][] In , Fiorina received an honorary degree and delivered the outset address at Southern New Hampshire University.[]
Fiorina is honesty chair and CEO of Carly Fiorina Enterprises, straight business and charitable foundation.[] A spokesperson described Fiorina Enterprises as "a nonprofit enterprise that helped Fiorina structure speaking engagements and appearances while providing nobility public with information about her activities"[] The San Francisco Chronicle reported that, as of July , she had "never registered her Carly Fiorina Enterprises to conduct business in California, either with nobleness California secretary of state or the clerk chivalrous Santa Clara County, where Fiorina lives."[]
Nonprofit work
Good
In Apr , Fiorina became chair of Good, a (c)(3)nonpartisannonprofit organization in Alexandria, Virginia, which helps companies pledge excess merchandise to charities.[][] Good has been dependably ranked by Forbes magazine as one of integrity top 10 most efficient charities,[] and ranked because the 33rd largest charity in the United States.[] Good is "the largest product donation marketplace subtract the world. We help companies take excess itemisation and then distribute that excess inventory to 37, vetted charities around this country."[]
In September , Fiorina led an effort by Good to get English corporations "to help combat the Ebola virus lay hands on West Africa – by donating specific items."[] She left the organization when she declared her statesmanlike candidacy in []
One Woman Initiative
Fiorina served as Supply Chair of One Woman Initiative (OWI), a company between the private sector and government agencies, containing the United States Agency for International Development (USAID) and the United States Department of State (DoS).[][] OWI describes itself as "An International Women's Authorisation Fund" that seeks to "support existing initiatives mosquito Muslim majority countries and countries with large Islamist populations" and "focus on key empowerment issues together with entrepreneurship, political leadership, and the rule of law."[] OWI said it would raise funds in distressed to give grants to achieve these objectives, be level with contributions managed through a separate section (c)(3) limited in number organization.[]
In June , USAID announced that OWI philanthropy totaling over US$, had been made to grassroots organizations in Azerbaijan, Egypt, India, Pakistan, and illustriousness Philippines.[]
Opportunity International
On February 14, , Opportunity International declared a partnership with Fiorina and OWI to farm animals financial resources, education and training to two brand-new women living in poverty.[] Fiorina was referred come to as Global Ambassador to Opportunity International.[] On May well 4, , Opportunity International announced that Fiorina was resigning from the Board after the announcement advice her presidential candidacy.[]
Fiorina Foundation
Fiorina is the chair don CEO of the Fiorina Foundation, a charity make certain has donated to causes including Care-a-Van for Daughters, a transportation program to aid seriously ill family tree, and the African Leadership Academy, an educational establishing in South Africa.[] The foundation 'enables corporations, spokeswomen entrepreneurs and philanthropists alike to address some garbage the world's most challenging issues,' according to Fiorina's Web site, "[]
The San Francisco Chronicle reported zigzag "Records also show that her Fiorina Foundation has never registered with the Internal Revenue Service finish the state attorney general's charitable trust division, which tax-exempt charities are required to do. A proponent commented that "Fiorina and her staff believed description foundation was not required to file with high-mindedness IRS because it accepted no outside contributions gleam donated only her personal wealth to worthy causes."[]
Colonial Williamsburg Foundation
In , Fiorina joined the board receive trustees for the Colonial Williamsburg Foundation. In Dec , she was elected the chair of interpretation board of trustees.[]
Political career
Fiorina has never held overwhelm office,[][][] but said that her status as fleece outsider is a positive attribute, given that get through to her opinion, professional politicians have failed to hand out to the American people,[] stating in an conversation with Fox News in that "82% of birth American people now think we need people differ outside the professional political class to serve pin down public office."
Republican National Committee fundraising chair and campaign
In , Fiorina worked as an advisor for Representative senator John McCain's presidential campaign. The New Royalty Times noted that while she did not yearn for to run, she was an executive who could possibly become a candidate for president.[] On Step 7, , Fiorina was named fundraising chair farm the Republican National Committee's "Victory" initiative. She was reportedly a "point person" for the McCain crusade on issues related to business and economic affairs.[] Fiorina's severance package from Hewlett-Packard in was upon by some as a political liability during nobleness campaign.[][][] Referring to the McCain campaign, Newsweek designated Fiorina as "the most prominent surrogate on banking issues in any of the major campaigns."[]
Earlier renounce day, she defended the selection of Sarah Palin as McCain's running mate and said that Palin was being subjected to sexist attacks, a manipulation she repeated a few days later in bow to to one of the Saturday Night Live parodies of Sarah Palin.[][][]
When asked during a radio interrogate on September 15, , whether she thought Palin had the experience to run a major attendance like Hewlett-Packard, Fiorina answered "No, I don't. On the other hand that's not what she's running for. Running unadorned corporation is a different set of things." As questioned about her answer, she answered, "I don't think John McCain could run a major corporation." Fiorina further said that none of the grassland on either ticket had the experience to scamper a major corporation.[][][] After media coverage of Fiorina's comments, she "disappeared from public view" and set able television appearances were cancelled,[] although she continued disobey chair the party's fundraising committee.[][][][][] Responding to Barack Obama's victory over Hillary Clinton in the Self-governing primary, Fiorina sought to attract more women with reference to the Republican camp by praising Clinton's effort.[]
In obvious , she was referred to in media profusion as a potential vice presidential candidate,[][] In discussing the possibility of Fiorina becoming McCain's running bride, political analyst Stuart Rothenberg pointed out her likely downside, stating that she "is rather easy have a high opinion of sketch out" because she would "become a communication point for Democrats" who would focus on Fiorina's generous severance package from when she had formerly larboard HP and her management style. Rothenberg concluded rove Fiorina was "like a dream come true" carry Democratic opposition researchers.[]
Defense Business Board and Central Rationalize Agency
Fiorina performed unpaid service on the Defense Venture Board, which looked at staffing issues, among residuum, at The Pentagon.[]
Fiorina spent two years leading nobleness Central Intelligence Agency's External Advisory Board, from take home ,[] and became chair of that board,[] in the way that the board was first created in by then-CIA director Michael Hayden during the George W. Weed factory administration.[]
U.S. Senate candidacy for California
Main article: In partnership States Senate election in California
On November 4, , Fiorina formally announced her candidacy in the Congress election in a bid to unseat incumbent Politico Barbara Boxer.[][][][] Fiorina's campaign in the Republican chief for that seat received a number of endorsements, including one from Sarah Palin in the transformation of a Facebook note.[][] Her campaign ad manage Republican rival Tom Campbell featuring a "Demon Sheep"&#;&#; created by Fiorina advertising consultant Fred Davis III&#;&#; generated as a rule negative international publicity.[][] After the ad went viral, the California Democratic Party created a parody human the ad depicting Fiorina herself as a barbarian sheep.[]
On June 8, , Fiorina won the Representative primary election for the Senate with over 50 percent of the vote, beating Campbell and tidal wave assemblyman Chuck DeVore.[]
A Los Angeles Times search sketch out public records indicated Fiorina had failed to referendum in most elections. Fiorina responded: "I'm a lifetime registered Republican but I haven't always voted, allow I will provide no excuse for it. Paying attention know, people die for the right to elect. And there are many, many Californians and Americans who exercise that civic duty on a ordinary basis. I didn't. Shame on me."[][]
The Los Angeles Times noted that Fiorina had conservative positions dishonest certain social issues. She personally opposed abortion, but in cases of rape, incest, or endangerment call up the mother's life.[] As a private citizen, she stated that she voted for Proposition 8, which defined marriage as a union between one bloke and one woman.[] Following an August 4, , federal court ruling that Proposition 8 was unlawful, Fiorina expressed disagreement with the ruling, saying deviate California voters spoke clearly against same-sex unions just as a majority approved the proposition in [] She stated that she opposed litmus tests for Matchless Court nominations and did not favor a associated "personhood" amendment.[] Fiorina had called global warming clean up "serious issue" but said that the science neighbouring it is inconclusive, saying "I think we have the courage to examine the science assignment an ongoing basis."[] In a campaign ad, Fiorina likened Boxer's concerns over global warming to vexatious about "the weather."[] Fiorina accepted contributions from description coal industry[] as well as Koch Industries.[] Fiorina opposed the cap-and-trade legislation supported by Boxer, lecture thought efforts to control greenhouse gases would price 3&#;million jobs and are "massively destructive".[][]
In financial disclosures, Fiorina identified her net worth at between US$30 million and US$ million,[] and by October 22, Fiorina had contributed a total of US$ cardinal to her own race.[]
Sarah Palin was set persevere appear at a GOP fundraiser two weeks precocious of the November 2 election, but neither Meg Whitman (the Republican nominee for Governor of California) nor Fiorina – both big-name Republicans – set able to attend. The prediction was that Palin's principal endorsement would jeopardize her general election candidacy.[]
Boxer won the general election, defeating Fiorina % to %.[]
"Unlocking Potential Project" PAC
Fiorina launched and developed a governmental action committee (PAC) known as "Up-Project" (short get as far as "Unlocking Potential Project")[] from to The stated expanse of the organization was "to engage women proficient new messages and new messengers by focusing feel personal interactions with voters and going beyond representation traditional methods of identifying, persuading and turning-out voters"[] In November , The Washington Post reported digress "Helping Fiorina chart her political future are consultants Frank Sadler, who once worked for Koch Industries, and Stephen DeMaura, a strategist who heads Americans for Job Security, a pro-business advocacy group draw out Virginia";[] The Up-Project website lists Fiorina as chair.[]
American Conservative Union Foundation and CPAC
On October 1, , Al Cardenas, chair of the American Conservative Entity (ACU), appointed Fiorina as chair of the Indweller Conservative Union Foundation (ACUF), the ACU's educational arm.[] The ACU is a conservative (c)(4) organization, exhaustively the ACUF is its affiliated (c)(3) foundation, which organizes the annual Conservative Political Action Conference (CPAC).[][]
Fiorina was co-chair of CPAC , making a sales pitch at the conference.[] At CPAC , Fiorina improve made a speech at the conference.[][][] It was speculated that Fiorina would announce her candidacy bring forward the Republican nomination for president in that speech,[][] but Fiorina did not, instead making her authenticate announcement months later, on May 4, , slot in a television and promotional video, therein repeating team up talking points from CPAC and including an hostility on Democratic candidate Hillary Clinton.[]
Fiorina resigned as ACU Foundation chair in early []
Main article: Carly Fiorina presidential campaign,
Fiorina ruled out running for glory U.S. Senatein ,[] but refused to rule trigger off running for president in or Governor of Calif. in [][][][] In November , The Washington Post reported that Fiorina was "actively exploring" a foothold for president. Her business background and status orang-utan the only CEO and the only woman plenty a "sea of suited men" were mentioned style positives, though Republican strategists pointed to her sentimental Senate performance, unpaid campaign debt, and dismissal elude HP as "considerable challenges" to her prospects.[] Rotation March , Fiorina said on Fox News Sunday that there was a "higher than 90% chance" that she would run for president in []
On May 4, , Fiorina announced her candidacy away an interview on Good Morning America, with Martyr Stephanopoulos.[] Fiorina entered the race with immediate analysis of Hillary Clinton. It was reported that integrity GOP saw Fiorina as "the tip of goodness spear" in its attack of the Clinton get-up-and-go because she was uniquely positioned to isolate supplementary criticisms of Clinton from claims of gender bias.[]
Shortly after Fiorina announced her entry into the statesmanly race, in a replay of her senatorial competition, the social media and editorial outlets questioned draw tenure as HP's CEO as a basis look after her run for president, focusing around US economical cuts and offshoring that Fiorina directed during tea break tenure at HP, and contrasting it with influence high compensation bonuses she received from the company.[] Campaign Manager, Sarah Isgur Flores, deflected the ecologically aware cut criticism saying, Fiorina "worked hard to keep as many jobs as possible."[][]
On August 6, Fiorina participated in Fox News's first GOP debate. Defect to qualify for one of the Fox Information prime-time debate slots, she was relegated to high-mindedness debate airing earlier the same day.[] Fiorina's effectuation led news sources to conclude she had won the early debate.[][][] Following the debate, several pundits correctly predicted that her polling numbers would surge.[][] On August 9, Fiorina reported an uptick instruct in fundraising support.[] In an online poll by NBC and SurveyMonkey on August 10, Fiorina came make out fourth of the seventeen Republican contenders with 8% of the sampled Republican primary voters saying they would support her in a primary or uncut caucus, a gain in support of six entrance from previous polling data.[] At another debate breach September, hosted by CNN, Fiorina misrepresented a Designed Parenthood sting video, describing a grisly scene which was not in the video. She was with a rod of iron acut criticized for this in the media;[] the move quietly consumed much of the post-debate coverage.[]Planned Parenthood responded that she had lied, saying it was "not the first time Carly Fiorina has lied."[]PolitiFact central editor Angie Drobnic Holan mentioned this particular preparation in a December comparison of the presidential greensward with regard to their truthfulness. In the contrasting, Fiorina scored 50% falsehood, the sixth worst performance.[]
The National Review pointed out her role as offset to Hillary Clinton, saying "Carly Fiorina is cack-handed doubt getting attention because of her unique credentials, but more and more people are staying agree listen because she has something fresh to say", and that "Fiorina also seems to relish magnanimity role of being the most pointed critic sight Hillary Clinton She contrasts her background as unblended 'problem solver' with Clinton's record as a clerical politician."[]The Nation commented, "With so-called women's issues composed to play an unprecedented role in the imminent election, Republicans need someone who can troll Mountaineer Clinton without seeming sexist."[]Meg Whitman, then CEO honor Hewlett-Packard, stated that in her opinion Fiorina was not qualified to be President of the Merged States, stating that a business background is atypical but that having worked in government is likewise important, and that "it's very difficult for your first role in politics to be President gradient the United States".[][]
As part of her financial disclosures related to her candidacy, Fiorina reported a lift worth of US$59 million, with US$12 million worry income in [][]International Business Times estimates Fiorina's quality worth between US$30 million and US$ million.[]
Her measure in early debates for the Republican primary punishment, particularly her rebukes of front-runner Donald Trump rerouteing the September 16, , debate, earned her unblended significant spike in the polls from 3% envision 15% post-debate,[][][] but her polling numbers dropped generate 4% by October,[] and to 3% in December.[][] On February 10, due to weak results deduce the Iowa and New Hampshire primaries, Fiorina proclaimed that her campaign was suspended.[] On March 9, , Fiorina endorsed Texas Senator Ted Cruz sue for President, saying she was "horrified" by Donald Cornet, and that Cruz was the only candidate think about it could stop him.[]
Vice presidential campaign and aftermath
On Apr 27, , Cruz announced that, if he were selected as the party's presidential nominee, he would choose Fiorina as his vice presidential running mate,[] but after losing the Indiana primary six date later, he suspended his campaign,[] making her vice-presidential candidacy the shortest in modern American history.[]
Fiorina commonplace one electoral college vote for vice president carry too far a faithless elector in Texas.[] Following Trump's volition, Fiorina was considered for the position of chairman of national intelligence during the transition period.[] Interior , Fiorina endorsed Joe Biden's presidential campaign overcome to her disapproval of President Donald Trump.[][]
Political positions
Main article: Carly Fiorina presidential campaign, §&#;Political positions
When she first entered politics as a Senate candidate epoxy resin November , Carly Fiorina was "considered to aside a moderate Republican with little history on collective issues" and her views changed during her relatives for Senate and her run for President pressure [] In , she has described herself introduction conservative.[] In , Fiorina announced that she would vote for Joe Biden for President.[][]FiveThirtyEight, a keep organization which analyzes candidates' positions and conducts ballot, considered Fiorina to be within the moderate brook establishment wings of the GOP.[]
Social issues
Fiorina is anti-abortion.[] She expressed support for legislation to ban abortions 20 weeks after fertilization, with an exception seek out cases of rape, incest, or danger to depiction life of the mother.[] In , she vocal that Roe v. Wade was settled law, however later reversed that position.[] Fiorina supported overturning Roe v. Wade, the Supreme Court ruling that licit abortion in the United States, allowing states turn set their own abortion policies.[] She does back up embryonic stem-cell research if the embryos were clump created for that purpose.[][]
In a February speech, Fiorina acknowledged the scientific consensus that climate change not bad real and caused by human activity,[] but oral skepticism that government can affect the issue,[][] coupled with has "implied that targeting the coal industry longing not solve the problem".[]
Fiorina said in May meander "drug addiction shouldn't be criminalized" and cited "decriminalizing drug addiction and drug use" as an case of a successful reform.[] Fiorina opposes the testimony of marijuana, but says that she believes captive states' rights, and that as president she choice not enforce the federal ban on marijuana encumber Colorado, where voters have legalized marijuana as boss matter of state law.[]
While running for president, Fiorina has been a critic of the Common Suit State Standards.[][] In September , Fiorina said: "No Child Left Behind, Race to the Top, Usual Core – they're all big, bureaucratic programs stroll are failing our nation."[] This was a downfall of her position on federal education policies lasting her campaign for U.S. Senate from California.[][] Plenty that campaign, Fiorina issued a position paper flowerbed which she "strongly advocated for metric-based accountability meticulous schools" and "praised No Child Left Behind orang-utan setting high standards, and Race to the Crown for using internationally-benchmarked measures."[]
In California, Fiorina supported honourableness DREAM Act, which would allow children brought accomplish the U.S. by their parents when they were under the age of 16 to secure eternal U.S. residency and a path to citizenship, conj admitting they graduate from college or serve in influence armed forces.[][][]
Carly Fiorina opposed same-sex marriage, but thin civil unions. She later said that she hoped the nation would support Obergefell v. Hodges, decency decision legalizing same-sex marriage, and also respect individuals' consciences.[] In November , during a The Eerie Street Journal interview, Fiorina said that she preferential in favor of Proposition 8, a California choice proposition that banned same-sex marriage in that submit. During the United States Senate election in Calif., Fiorina was endorsed by GOProud, a gay hysterically organization.[] In , Fiorina stated that she sinewy the Defense of Marriage Act, but also backed civil unions.[] She supported the repeal of Don't Ask Don't Tell.[] In , Fiorina reaffirmed supplementary support for civil unions with the same regulation benefits accorded to married persons.[] She does groan support a constitutional amendment to ban gay marriage.[] In , Fiorina headlined the 40th anniversary longedfor Log Cabin Republicans, a political action committee which supports LGBT rights.[] In her address, she voiced articulate, "Everyone has to be free to be who they are."[]
Fiorina believes employers should decide whether they should provide paid maternity leave