Why is the Bush Administration considering Carly Fiorina for the World Bank job...? She almost ran HP into the ground...There are MUCH more talented folks out there.
-s2
______________________________________________________
Wolfowitz Drops World Bank Run; Fiorina Gets Look
By GREG HITT, PUI-WING TAM and GREG JAFFE
Staff Reporters of THE WALL STREET JOURNAL
March 2, 2005; Page A4
WASHINGTON – Deputy Defense Secretary Paul Wolfowitz pulled out of contention for World Bank president, as White House attention turned to former Hewlett-Packard Co. Chief Executive Carly Fiorina as a potential candidate to lead the multilateral institution.
Officials described the focus on Ms. Fiorina as in the early stages, but reflecting a growing effort to find a successor to James D. Wolfensohn, the current bank president. Mr. Wolfensohn will step down in May after completing his second five-year term in the post. A spokeswoman for Ms. Fiorina declined to comment.
Ms. Fiorina has long had an interest in a political career or appointment, say people familiar with her thinking. She is a Republican and has met with Bush-administration officials to promote technology issues. The former executive was part of California governor Arnold Schwarzenegger's transition team, and also did some analysis for him on California's economic competitiveness.
[Carly Fiorina]
In the past, Ms. Fiorina has dodged questions about her political aspirations. "I never think about the next job," she said in 2003 when asked about her ambitions. But those questions are back on the table now that Ms. Fiorina, who is 50 years old, has been ousted from her position as CEO and chairman of H-P. Ms. Fiorina was fired by H-P's board after disagreeing with them over how the technology company should be structured and for failing to meet performance targets that she had set for the company following its $19 billion acquisition of Compaq Computer Corp. in 2002.
Pentagon officials said Mr. Wolfowitz, who has been involved in the Bush administration's Iraq policy as well as the push to modernize the military, has no plans to leave the Pentagon. "As we have said before, Secretary Wolfowitz has been asked to stay on in an extremely important job, one that he likes doing very much," said Larry Di Rita, the Pentagon spokesman, in a statement.
The Pentagon has previously ruled out Mr. Wolfowitz's departure for other potential postings within the administration, but until yesterday hadn't definitively commented on whether he would move over to the World Bank.
Pentagon officials close to Mr. Wolfowitz say he remains engaged in the Bush administration's efforts to build a stable democracy in Iraq. Mr. Wolfowitz is also at the center of a major review of the Pentagon's war-fighting strategy and weapons programs, which is conducted every four years and is set to wrap up in January 2006.
Write to Greg Hitt at greg.hitt@wsj.com1, Pui-Wing Tam at pui-wing.tam@wsj.com2 and Greg Jaffe at greg.jaffe@wsj.com3
URL for this article:
online.wsj.com
Hyperlinks in this Article:
(1) mailto:greg.hitt@wsj.com
(2) mailto:pui-wing.tam@wsj.com
(3) mailto:greg.jaffe@wsj.com
Copyright 2005 Dow Jones & Company, Inc. All Rights Reserved
Used with permission of wsj.com |
