Carly Fiorina’s campaign is pushing back against a published report
suggesting the candidate’s tenure running Hewlett-Packard was so bad
that no former employee wants to donate to her 2016 White House bid.
Fiorina raised $1.7 million from the May 5 start of her campaign
until June 30, the end of the first filing period. However, just two
people who contributed during that time identified themselves as
Hewlett-Packard executives, according to the most recent
Federal Election Commission filings.
The donations were made by former board member Ann Livermore and husband Thomas Livermore, who each gave $2,700.
A Sept. 30 story in
The Daily Beast suggested
the dearth of support from employees speaks volumes about Fiorina’s
legacy at the computer-technology giant, despite the Republican
candidate touting herself on the campaign trail as a fearless and
overall successful chief executive at Hewlett-Packard from 1999 to 2005.
“The lack of early financial support from almost anyone associated
with Hewlett-Packard is hard to square with Fiorina’s own description of
her achievements there,” reads one part of the story.
Fiorina spokeswoman Sarah Isgur Flores said Friday that the story is another attempt to belittle Fiorina’s business chops.
“The liberal media is once again showing that they will hide facts
and mislead readers as long as it fits their narrative,” she told
Foxnews.com.
The story also points out that no contributions were made by Meg
Whitman, Hewlett-Packard’s current chief executive and a former
California GOP gubernatorial candidate, nor any members of the company’s
senior leadership team and board of directors during Fiorina’s tenure,
with one exception.
The campaign points out that most of the $1.7 million raised early in
the campaign was in small donations and that listing one’s occupation
when contributing is not a legal requirement.
As for HP executives, there are currently no members left over from
Fiorina’s tenure and they tend to stay “politically neutral” during
elections, the campaign also argued.
“I don’t think it is an issue for her,” GOP strategist Mark Corallo said Friday.
He said Fiorina’s CEO credentials got a big boost in August when
former board member Tom Perkins took out a full-page advertisement in
The New York Times saying Fiorina was a strong steward of HP through the
dotcom bust and that he regretted voting to fire her.
“Carly’s vision and execution not only helped to save HP but made it a
strong, more versatile company that could compete in the changing
technology sector,” said Perkins, co-founder of the California venture
capital firm Kleiner Perkins Caufield & Byers.
Corallo said Perkin’s praise is like gold in the business world and should count for something in the political arena, too.
“The guy is a legend,” he said. “For him to come out and say ‘I was
wrong and I’m supporting her for president,’ I think that says more to
me than any middle manager at HP giving 50, 100 or 1,000 (dollars) or
whatever.”
Fiorina’s time at HP has dogged her politically since her failed 2010 bid to unseat California Democratic Sen. Barbara Boxer.
She led the charge to acquire Compaq, which barely got 50 percent of
the board and shareholder approval and has since been pilloried as
unwise. And 30,000 people were laid off under her watch.
More recently, primary opponents such as Donald Trump have raised the issue of her business acumen at HP.
"The company is a disaster and continues to be a disaster," Trump
said during the Sept. 16 primary debate. "When Carly says the revenues
went up, that's because she bought Compaq. It was a terrible deal, and
it really led to the destruction of the company."
Fiorina responded by saying that she grew the business from roughly
$44 billion to $90 billion and had other successes in the middle of the
biggest technology recession in 25 years.
“You can’t fudge the numbers,” she said on the stage. “We went from
lagging behind to leading in every product category in every market
segment.”
Fiorina’s performance led to a boost in poll numbers. She is now at
11.8 percent, behind Trump and retired neurosurgeon Ben Carson in the
GOP primary field, in an averaging of polls by the nonpartisan website
RealClearPolitics.
But it is not yet clear whether her rise will result in a fundraising
boon or if more HP employees and executives have opened up their
wallets for their former chief executive officer.
The next quarter filings, July 1 to Sept. 30, are due by the campaigns on Oct. 15.