Yale professor on Carly Fiorina’s business record: She ‘destroyed half the wealth of her investors yet still earned almost $100 million’

She was CEO of HP from 2000-2005. 2005 was well after the tech bubble had popped. Many of the companies that were hurt then – Microsoft, Cisco, Oracle, etc. – had long since recovered. HP’s stock did not start rising until AFTER Fiorina was fired. By the way, HP’s stock dropped from $55 when she was hired to $19 when she was fired – a far greater drop than that of those other tech companies. . . .

One theory of women CEOs: They don’t bring in women CEOs (peacemakers) to make the necessary changes that save a company. They bring them in when the ship is sinking so that they can maintain the status quo as long as possible and rent seek on the company’s past successes.

http://finance.yahoo.com/news/yale-professor-carly-fiorinas-business-193457030.html

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