6 Things You’re Not Going To Like About Carly Fiorina

#6. Firing From Hewlett-Packard

Fiorina’s firing from HP is probably the most high profile of all of her negatives.

In 2005 Fiorina was fired by the board of HP. Her tenure resulted in 30,000 people losing their jobs – while she tripled her own salary and bought a $1 million yacht and five corporate jets. She pocketed $100 million, with a $65 million signing bonus, and a $21 million dollar severance for her role in overseeing HP’s decline. All this happened while Fiorina admitted we were in “the worst technology recession in 25 years.”

Fiorina’s firing from HP resulted in an immediate stock jump, climbing 10% on the news, and ending 7% higher for the day after she was gone. Arianna Packard, granddaughter of HP’s founder discouraged voters from supporting her, saying: “I know a little bit about Carly Fiorina, having watched her almost destroy the company my grandfather founded.”

To be fair, Fiorina defended her record, stating:

“Every time there is a change with a company, the stock tends to go up,” she said. “The stock market is not a good arbiter of success over the long term. The average holding of stock today is less than 90 days. It is more a reflection of current emotion and conventional wisdom than anything else. And a CEO cannot run a company based on conventional wisdom or current emotion. A CEO’s job is to build sustainable value over the long term for as many employees, as many customers, and as many communities as possible.”

In conclusion, libertarians and conservative voters should take seriously a Carly Fiorina candidacy, and consider all the facts before supporting her as the leader of the Republican Party in 2016.

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