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HP Shareholders Not The Only Ones Actively Rooting Against Carly Fiorina's March To The White House

This will not help fundraising for The Fiorina School of Business Management.

Carly Fiorina, the fired former CEO of Hewlett-Packard and failed California Senate candidate, is running for president.

Despite all the evidence (like the fact that the stock fell off by more 40% during her time as CEO) Fiorina is using her time at HP as a positive in her narrative, claiming it as her private sector bona fides. Merely having been CEO of an enormous corporation, she argues, is proof positive that she has the requisite management skills and real world business experience to lead the free world.

Based on her recent poll numbers though it seems like not too many people are buying the idea of Fiorina as a keen manager.

Well, this won't help.

Twelve of about 30 people who worked on Fiorina’s failed 2010 California Senate campaign, most speaking out for the first time, told Reuters they would not work for her again. Fiorina, once one of America's most powerful businesswomen, is now campaigning for the Republican nomination in 2016.
The reason: for more than four years, Fiorina - who has an estimated net worth of up to $120 million - didn’t pay them, a review of Federal Election Commission records shows.

Maybe it was just a clerical error. CEOs aren't expected to sign off on every pay stub, so Fiorina can get away with a few bucks arriving a little late, right?

Federal campaign filings show that, until a few months before Fiorina announced her presidential bid on May 4, she still owed staffers, consultants, strategists, legal experts and vendors nearly half a million dollars.

$500K? Damn, Carly. What happened?

FEC records show, for example, that her former campaign manager Martin Wilson was owed $80,500;

Ok, that's a lot.

legal counsel Ben Ginsberg $60,000,

The lawyer? You always pay the lawyer.

and the widow of California political adviser Joe Shumate, who died during the final month of the campaign, at least $30,000.

Oh dear god.

But maybe the potency of Fiorina's leadership and management acumen was enough to lure old staffers back into the fold?

“I’d rather go to Iraq than work for Carly Fiorina again,” said one high-level former campaign staffer.

Iraq, you say? Ouch.

Well, it's still early and Fiorina is a fighter (according to Fiorina) so there's a chance we'll get to hear about this was also a master class in business administration.

Paid late, some ex-staffers of White House hopeful Fiorina won't sign on again [Reuters]


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