Carly Fiorina will run for president as a successful tech CEO. Silicon Valley says that's a fantasy
When Carly Fiorina launches her campaign for President, her message to the world will be emphatic: what she did for HP, she can do for America. “We went from a market laggard to market leader,” Fiorina has said of her six years running the computer giant. “Unlike Hillary, I have actually accomplished something.” But those who watched what Fiorina did to HP -- mishandling the $25 billion acquisition of Compaq, getting ousted by the board in 2005 with a $21 million golden parachute, repeatedly being named one of the worst CEOs in American corporate history -- say those supposed accomplishments are already coming back to “haunt” her run for the White House.
“She put herself ahead of the interests of the company and I fear she would do the same as president,” said Jason Burnett, a grandson of the late HP co-founder David Packard and a member of the Packard Foundation board of trustees. “I don’t want her to do harm to this country.” HP’s longtime director of corporate communications, Roy Verley, said his ex-boss alienated colleagues with a “cult of Carly” that put self-promotion first. “She didn’t know what she was doing and couldn’t deliver on her promises,” said Verley, who left HP in 2000. The notion of a successful Fiorina reign at HP, he said, was “fantasy”. Burnett, echoing criticisms from more Hewletts and Packards alike, warned the emergent class of political bankrollers in Silicon Valley -- already courted by Fiorina’s competitors like Sen Rand Paul (R-KY) and Jeb Bush and soon Clinton herself -- to “refresh their memory” before signing campaign checks. “She takes the Silicon Valley motto that it’s ‘OK to fail’ a tad too literally,” wrote the usually sober editorial board of the San Jose Mercury News, in calling for more women in politics -- except Carly Fiorina.