Re: Fiorina's executioner - HP director Patricia Dunn
From: Bill Todd (billtodd_at_metrocast.net)
Date: 02/14/05
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Date: Sun, 13 Feb 2005 19:54:03 -0500
JF Mezei wrote:
> Bill Todd wrote:
>
>>Gee - why do you suppose it took all these people an extra 3+ years to
>>see what was so obvious even to those who hadn't previously been
>>acquainted with Carly as soon as the merger raised its head?
>
>
>
> Remember her fight for the merger. She made deal with various
> shareholders notably Deutchse Bank to support her plan. Once she had
> that support, the board didn't much of an option except give her the
> support she needed to execute what shareholders had given her permission
> to do.
I'm afraid your grasp of history is somewhat backward: the BoD (absent
Walter Hewlett) supported her from the start, whereas she only managed
to garner sufficient shareholder support (and in particular Deutsche
Bank's) at the last minute.
- bill
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