HP ex-CEO fails to register companies
By Pulkit Sharma

IT and BPO companies have more equal opportunity than most industries. In America, Google, Yahoo, Facebook and many other tech firms have hired women to run their companies. American businesswoman Carly Fiorina belongs to this elite club of successful managers. Indians remember her as the CEO of Hewlett Packard from 1999 – 2005 and a great proponent of outsourcing.

Before joining HP, Carly Fiorina was EVP at AT&T.  While at AT&T, she masterminded the Initial Public Offering (IPO) of Lucent.  The Initial Public Offering was a spectacular success and a new record in America at that point in time.

In 2002, Carly masterminded the HP merger with Compaq.  She also was one of the first senior executives to see the potential of outsourcing to India.  Many HP veterans credit her for setting up a great foundation for Hewlett Packard.  She also pushed for a takeover of EDS but HP shareholders did not back her.  HP moved to acquire EDS after Carly left, proving her right.

The merger with Compaq resulted in short term pain.  In 2005, the Hewlett Packard Board of Directors moved against their Chairman and CEO, Carly Fiorina, to trim her power and responsibilities.  Carly resigned from HP.

Over the years, Carly had built a very public profile.  Forbes and Time magazine listed her as one of leaders of America.  Last year, she was one of the economic advisors to John McCain as he campaigned against Obama for the Presidency.

One of the great ironies in the Indian tech world was that NASCCOM awarded her its Global Leadership Award on the same day as the HP Board of Directors managed to maneuver her out. The NASSCOM award was handed over the Managing Director HP India, Balu Doraiswamy, to be passed on to Carly who had just announced her exit from HP.

Now San Francisco Chronicle is reporting that Carly Fiorina failed to register her business as well as foundation

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Former Hewlett-Packard CEO Carly Fiorina, one of the world's leading businesswomen and a possible 2010 opponent to Democratic U.S. Sen. Barbara Boxer, tells the public she's the CEO of her own business and the chairwoman of her own charitable foundation.

But a Chronicle check of public records shows that Fiorina, a former economic adviser to 2008 GOP presidential candidate John McCain, has never registered her Carly Fiorina Enterprises to conduct business in California, either with the California secretary of state or the clerk of Santa Clara County, where Fiorina lives.

Records also show that her Fiorina Foundation has never registered with the Internal Revenue Service or the state attorney general's charitable trust division, which tax- exempt charities are required to do. The foundation "enables corporations, social entrepreneurs and philanthropists alike to address some of the world's most challenging issues," according to Fiorina's Web site, carlyfiorina.com.
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As you can imagine, these public revelations are proving to be an embarrassment for a super executive who mastered most aspects of business. As Carly plans to run for public office she would be aware that journalists would be double and triple checking everything she says and does.