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...furious Fiorino reacted by publicly firing the server unit's boss and two others, the board began to take a harder look at her performance. By early January, outside directors, led by Dunn, ex--White House science adviser George Keyworth, and Richard Hackborn, a former HP chairman who once turned down the CEO job, read her a four-page critique. At a board planning session later that month, the directors, growing bolder, presented Fiorina with her effective demotion. The approach of a damning cover story in FORTUNE reportedly hastened her departure. The piece, headlined "Why Carly...

Author: /time Magazine | Title: Why Carly's Out | 2/14/2005 | See Source »

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