Ipaq HQ Forums - Carly Fiorina And HP Part Company: "arly Fiorina And HP Part Company
The move has been rumored for weeks -- HP's embattled CEO Carly Fiorina and HP have parted ways over unreconcilable differences.
'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. 'HP is a great company and I wish all the people of HP much success in the future.'
According to Patricia C. Dunn, an HP director, 'Looking forward, we think the job is reliant on hands-on execution, and we thought that a new set of capabilities was called for.'
In January, sources told the Wall Street Journal the company's board is tired of HP's inconsistent earnings and second billing to IBM. HP has been frustrated by its inability to clearly articulate its Adaptive Enterprise strategy as it relates to IBM's e-business on-demand plan for next-generation computing.
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Mike Lohsl
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