[Congressional Record (Bound Edition), Volume 145 (1999), Part 13]
[Senate]
[Pages 18602-18603]
[From the U.S. Government Publishing Office, www.gpo.gov]



                            CARLY FIORINA

 Mrs. BOXER. Mr. President, I rise to salute Carleton (Carly) 
Fiorina of California, who was recently named president and chief 
executive officer of Hewlett-Packard Company. I wish to congratulate 
Ms. Fiorina and express my best wishes for success in her new position.
  Founded by technology pioneers William Hewlett and David Packard, 
Hewlett-Packard (HP) is the world's second-largest computer company. 
Based

[[Page 18603]]

in Palo Alto, California, HP employs more than 120,000 people worldwide 
and had a total revenue of $47.1 billion in its fiscal year 1998, 
including $39.5 in computer-related revenue. The company is a leader in 
the industry and a cornerstone of California's economy.
  In succeeding Lewis Platt, Ms. Fiorina has some big shoes to fill. In 
Lew Platt's seven years as CEO, HP raised its revenues 187 percent and 
its earnings 436 percent.
  But Carly Fiorina is prepared to build on HP's success and guide the 
company into new territory. She comes to HP with nearly 20 years of 
experience in technology and telecommunications at AT&T and Lucent 
Technologies. As president of Lucent's Global Service Provider 
Business, she led the division to dramatic increases in its growth 
rate, revenues, and market share. She has a well-earned reputation for 
developing clear corporate strategies, building strong leadership 
teams, and accelerating growth in large technology businesses.
  Carly Fiorina's move to the top of Hewlett-Packard has implications 
beyond the company, the industry, and our state. That is because she is 
the first woman to be named CEO of a Fortune 50 company or a company 
listed in the Dow-Jones Industrial Average. So this important 
accomplishment for her as an individual is also an important milestone 
for American women. It is only fitting that a pioneering company in 
such a forward-looking industry would break this critical barrier.
  HP chose Ms. Fiorina to lead the company because of her merits, not 
her gender. That is clear. However, her selection is important for 
every American woman. In July 1999, the same month that the U.S. 
women's soccer team inspired millions of American girls, Carly Fiorina 
inspired American women to raise the bar and reach for the top.

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