Carly Fiorina in trouble?
Hewlett-Packard's board of directors is considering a plan that would redistribute some of the day-to-day responsibilities of its Chairman and Chief Executive Officer (CEO) Carly Fiorina to other HP executives, due in part to the board's displeasure with the company's uneven performance, according to a report published Monday.
Rather than seeking to undermine Fiorina, the board believes that by giving three senior executives more authority, it would enable HP to respond more quickly to customer demands and the increased competition it faces from industry players such as Dell according to a report in The Wall Street Journal (WSJ). The Journal article doesn't name any sources, only citing "people familiar with the situation."