Word: packards
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...addition to skating with two of the Crimson’s superstars, he was part of a much heralded freshman class that was expected to produce on offense. With the graduation of prolific scorers Tyler Kolarik ’04, Dennis Packard ’04, and Tim Pettit ’04, Taylor and classmate Jon Pelle had big shoes to fill...
...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...
...consummate celebrity CEO--right up until her final moment. Just a few weeks ago, the Hewlett-Packard board rapped her on the wrist for the company's dismal performance and ordered her to give some control of HP's four key divisions to line executives. Outwardly, her ever-confident manner gave no hint of the humiliating demotion, even after the reorganization leaked to the press. But charisma and confidence can go only so far. On Feb. 6, board members held an emergency meeting at an O'Hare Airport hotel. The next day they asked her to step down...
...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...