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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (498698)7/27/2009 7:07:04 PM
From: one_less1 Recommendation  Read Replies (1) of 1571861
 
Not true. She was brought in during the high tech bubble bust while high tech stocks were tumbling. The company share value stablized under her leadership but she didn't return it to previous values as she had promised share holders. The Company however did not change strategies under the leadership of the CEO who followed her and the company continues to do well.

""While I regret the board and I have differences about how to execute HP's strategy, I respect their decision," Fiorina said in a statement released by the company.

On a conference call with reporters, executives said Fiorina was not terminated for cause and that she would receive severance pay -- and a company spokesman said she'll get a payout of approximately $21 million, including stock options."


money.cnn.com
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