Word: hewletts
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Dates: during 2000-2009
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...Jeri and George Soulier of Weiser, Idaho, saw a profile of Jason on the Wednesday's Child website last summer and quickly arranged to meet him. They have since taken him into their home and are planning to adopt him. "Parenting is stressful," concedes George, an engineer for Hewlett-Packard and a first-time father at age 50. "But when we have breakthroughs--and we have breakthroughs every week--it's the most rewarding thing I've ever done." Jeri's maternal devotion shows in the melting looks she gives her big (nearly...
...debacle could occur despite the safeguards enacted in its wake. No doubt, corporate boards are flexing more muscle in an effort to improve accountability of all sorts. Former Boeing chief Harry Stonecipher recently lost his job for having an affair with a company employee. Disney's Michael Eisner and Hewlett-Packard's Carly Fiorina lost their posts for poor performance, and AIG directors just forced out the firm's longtime chief, Maurice (Hank) Greenberg (see "Another Titan Takes a Tumble," above), as the company's legal woes mounted. WorldCom's collapse hit directors where it counted: their wallets. Last week...
...board of directors at Hewlett-Packard had admired many things about their star CEO. Asked to bring change to the doddering Silicon Valley giant, she pursued the task fearlessly, her efforts culminating in a controversial merger with Compaq. Asked to inject pizazz into HP's pedestrian marketing, she overhauled it right down to the corporate logo. Asked to create a strategic vision for a company that had none, she came up with dazzling insights into "transformational trends" and a hyperdigital future in which HP would serve consumers and corporations at every stage. But the board ultimately concluded that Fiorina...
...certain respects, Fiorina did exactly what she had been asked to do. Hewlett Packard is Silicon Valley's alpha company, founded in a garage by Bill Hewlett and Dave Packard in 1938, when the area had far more peach trees than programmers. HP first produced oscilloscopes, then expanded to other testing and measuring instruments. It was a pocket-protector paradise, its culture defined by the HP way: paternal, collaborative, entrepreneurial, community minded and inconspicuous...
...sharper during her burnt-earth campaign to acquire Compaq in 2002. To Fiorina, combining the two plodding PC businesses was the only way to improve profitability and take on the low-cost, direct-sales monster called Dell. To critics, merging two lousy operations had limited appeal. Director Walter Hewlett, a Stanford music professor and son of the co-founder, led a public proxy fight against the deal. Although Fiorina prevailed, the cost was high. Within months, Compaq CEO Michael Capellas, who was supposed to run the computer division, was out the door. Others followed...