- Obama downplays IRS scandal, blames Obamacare rollout on ‘outdated’ agencies
- Pregnancies decline overall, up among older women
- Pentagon plans to destroy Syrian chemical arms on ship at sea
- Paris Metro issues ‘politeness manual’ to improve passengers’ behavior
- Justin Bieber, crew detained at Australian airport in drug search
- Lee Rigby trial: Muslim who machete-hacked soldier calls it ‘humane’ kill
- GM ending Chevy sales in Europe to focus on Opel and Vauxhall
- Putin’s diplomats to U.S. busted for living high life off $1.5M bilked from Medicaid
- Happy Meal: Couple goes to McDonald’s, leaves with bag packed with cash
- Boehner: It took me 3 to 4 hours to sign up for Obamacare
With Whitman, H-P gets star power, imperfect fit
“This company is not fixable, at least not by me,” Whitman wrote in her book, “The Power of Many.” She calls her tenure there “probably the most frustrating and, ultimately, least successful executive experience of my career.”
Other types of concerns have been raised about Whitman.
She was named to HP’s board this year as part of a sweeping overhaul under Apotheker and Lane. They were supposed to be steadying hands. But almost immediately, corporate governance experts began crying foul. They took issue with the fact Whitman’s hiring by esteemed venture capital firm Kleiner Perkins Caufield & Byers, where Lane works, was announced a week after she was formally elected to HP’s board.
Several unflattering incidents helped scuttle her gubernatorial campaign.
She was revealed to have shoved an eBay employee during a disagreement, which led to a six-figure settlement. Whitman said the altercation was an anomaly and taught her to always be professional. It was also revealed that her former housekeeper of nine years was an illegal immigrant.
To complicate matters further, Whitman was a board member at Goldman Sachs when it allegedly engaged in the now-illegal practice called “spinning,” in which wealthy clients and CEOs whose companies did business with Goldman received early access to IPO shares, which they flipped quickly for large profits. Whitman said she forfeited the $1.8 million she made from the deals in a lawsuit she settled with eBay shareholders.
Associated Press writer Juliet Williams in Sacramento and AP Business Writer Chip Cutter in New York contributed to this report.
Why such hatred toward America's freedom of religion?
- 'Hunger Games' delivers Obama's message on income inequality: liberal group
- Inside China: Nuclear submarines capable of widespread attack on U.S.
- NAPOLITANO: Pope Francis should be saving souls, not pocketbooks
- CARSON: Getting to the top by starting at the bottom
- Activists encourage Obama to circumvent Congress, use more executive authority
- Russian diplomats busted bilking $1.5 million from Medicaid
- Democratic infighting erupts over 'we can have it all' fantasy on entitlements
- Obama returns to class warfare as poll numbers plunge
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
- Obama lived with Uncle Onyango Obama in the 1980s, White House admits
Independent voices from the The Washington Times Communities
Criticism may not be agreeable, but it is necessary. It fulfills the same function as pain in the human body. It calls attention to an unhealthy state of things.
Understanding economic events with a free market explanation
John Wood illustrates a new American politics, and the path to get there.
Interviews and show reviews from the Los Angeles punk scene past and present. Los Angeles has always been rich in punk rock talent since punk rock was born.
White House pets gone wild!