Just a few days ago I was reading a big spread in Fortune about Carly Fiorina at HP, the troubles the company was having and the questions that perhaps the board was asking. And now she’s gone.
The stock is up 10%, probably on the assumption that the company will now be broken up and the printer part will be left to do its own thing (the printer guys make almost all of the profits and count for most of the valuation; the rest comes for free).
I’m sorry to see Carly go. She’s an incredibly smart woman, passionately dedicated to the merged business that HP/Compaq had become. Indeed, the measures she took to make the merger happen could have been equalled by no other. Next stop politics?