Friday, September 25, 2009

Vote for Failed Republican Businesswomen!

As much as anyone, I'd like to see more women in high political offices. However, two who are running in California make me queasy, and not just because they are Republicans. The only platform they have is that they were CEOs of major corporations.

Carly Fiorina, running for Senate, was the failed CEO of HP, engineered the near-disastrous acquisition of Compaq and was eventually fired.

Meg Whitman, running for Governor, although she left eBay a at a time of her choosing, presided over a period where eBay went from star to moribund, and acquired Skype, one of the worst business deals (for the buyer) in history -- not only did she pay billions for a company with no business model, there was no synergy with eBay, and she didn't acquire the underlying technology, which had to be licensed back from the sellers.

I don't know if Anne Mulcahy, recently resigned from Xerox, has political ambitions, but she could certainly stand on a platform as being one of the most successful CEOs in recent historyg, male or female.

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