Career [ edit]
- Early work [ edit] Whitman began her career in 1979 as a brand manager at Procter & Gamble in Cincinnati, Ohio. ...
- eBay [ edit] Whitman joined eBay in March 1998, when it had 30 employees and revenues of approximately $4 million. [26] ...
- Hewlett-Packard [ edit] ...
- Quibi [ edit] ...
- Boards [ edit] ...
- Sports investments [ edit] ...
- Biden administration [ edit] ...
What is Meg Whitman Famous for?
Meg Whitman. Written By: Meg Whitman, in full Margaret Whitman, (born August 4, 1956, Spring Harbor, New York, U.S.), American business executive and politician who served as president and CEO of eBay (1998–2008), an online auction company, and later of the technology company Hewlett Packard (2011–15).
How much did Meg Whitman make from eBay?
as of 10/23/19. Meg Whitman is best known for taking eBay from $5.7 million to $8 billion in sales as CEO from 1998 to 2008. She was CEO of Hewlett-Packard from 2011 to 2015, where she oversaw its split into HP Inc. and Hewlett Packard Enterprise.
Who is former HP CEO Meg Whitman?
From 1998 to 2008, Whitman was the CEO of eBay growing the company from 30 employees and $4 million in revenue to more than 15,000 employees and $8 million in revenue. Then in 2009, she ran for governor of California, later dropping out in 2010. A year later, Whitman went back into the corporate world as the CEO of HP before stepping down in 2017.
What company added Meg Whitman to its board of directors?
"Zipcar adds former eBay CEO Meg Whitman to its board of directors" (Press release). Zipcar. Archived from the original on April 7, 2011. Retrieved September 23, 2011. ^ Schubarth, Cromwell. "Meg Whitman out, Serena Williams in as SurveyMonkey directors".
How many employees did Whitman have on eBay?
Whitman joined eBay in March 1998, when it had 30 employees and revenues of approximately $4 million. During her time as CEO, through 2008, the company grew to approximately 15,000 employees and $8 billion in annual revenue.
How much did Whitman earn from eBay?
As CEO of eBay, Whitman earned approximately $1.78 million resulting from a practice known as spinning whereby executives who did business with Goldman Sachs could reap profits by getting early deals before the public on hot IPOs offered by the bank. Whitman later resigned from the Goldman Sachs board after some expressed concern over her receiving shares from Goldman Sachs. In commenting on Whitman's resignation from the Goldman Sachs board, eBay spokesman Henry Gomez told The Wall Street Journal at the time that, "If we wanted to use Goldman's services, she doesn't want there to be even the slightest perception of any conflict. She's doing this because she thinks quite highly of the firm." While Whitman was on Goldman Sachs' board, she served on the compensation committee, which approved multimillion-dollar bonus packages for then-CEO Henry Paulson and his top aides. Public domain documents reveal that Whitman has a multimillion-dollar stake in 21 investment funds managed by Goldman Sachs. Given Goldman Sachs' major investments in California state finances, all these ties to Goldman Sachs led to considerable controversy during the gubernatorial campaign. In response, Whitman vowed to eliminate any potential conflicts of interest, and publicly stated that she would immediately sell her Goldman Sachs stock and put her Goldman Sachs-managed investments in a blind trust if elected governor.
How much did Whitman write down Autonomy?
In 2012, Whitman announced that HP would write down $8.8 billion of the value of Autonomy, the British software company it had purchased the previous year. The announcement eventually led to a civil case in the UK in 2019 at which Whitman testified to having not carried out "proper calculations of the write-down."
What degree did Whitman get?
Whitman then obtained an M.B.A. from Harvard Business School in 1979.
Why was Santillan fired?
Santillan's attorney, Gloria Allred, states that Santillan was fired for the sake of the campaign. Whitman's campaign maintains that this is a political attack, stating that Allred is a Jerry Brown supporter. Brown, Allred and Santillan all deny this.
Where did Whitman go to high school?
Whitman attended Cold Spring Harbor High School in Cold Spring Harbor, New York, graduating after three years in 1974. In her memoirs, she says she was in the top 10 of her class. She wanted to be a doctor, so she studied math and science at Princeton University.
Where was Whitman born?
Early life and education. Whitman was born in Cold Spring Harbor, New York, the daughter of Margaret Cushing (née Goodhue) and Hendricks Hallett Whitman, Jr. Her patrilineal great-great-great-grandfather, Elnathan Whitman, was a member of the Nova Scotia House of Assembly.
Who is Meg Whitman?
Meg Whitman is best known for taking eBay from $5.7 million to $8 billion in sales as CEO from 1998 to 2008. She was CEO of Hewlett-Packard from 2011 to 2015, where she oversaw its split into HP Inc. and Hewlett Packard Enterprise. She stepped down as HPE's chief executive in February 2018. She sits on the boards of Procter & Gamble and Dropbox.
How many billionaires donated to Biden?
Steven Spielberg, Tyler Perry, Meg Whitman: About 25% of America’s billionaires donated to Joe Biden’s campaign, according to an analysis of records filed with the Federal Election Commission.
What did my mother teach me about eBay?
My mother taught me that you don't have to be perfect to be a leader, but you can't be timid. That lesson is part of the reason I went to eBay. I'd been running a multimillion-dollar business at Hasbro but sensed a very big opportunity.
When did Quibi shutter?
Whitman was CEO of the defunct short form video platform Quibi, which shuttered in October 2020, just seven months after it launched.
Who is the CEO of Hewlett Packard?
To celebrate the 100th anniversary of Forbes we sat with the 100 greatest living business minds, including Meg Whitman, CEO of Hewlett-Packard.
Was Whitman a Republican?
Whitman ran for Governor of California in 2010 as a Republican and lost, despite spending a reported $140 million of personal funds on her campaign.
Meg Whitman Biography
Meg Whitman is an American businesswoman and former political candidate who currently serves as the US ambassador to Kenya. She previously served as the president and CEO of Hewlett Packard Enterprise. Whitman was a key figure in Mitt Romney’s presidential campaigns in 2008 and 2012.
How old is Meg Whitman? – Age
She is 65 years old as of 4 August 2021. She was born in 1956 in Cold Spring Harbor, New York, United States. Her real name is Margaret Cushing Whitman.
Meg Whitman Family
Whitman is the daughter of Hendricks Hallett Whitman, Jr. and Margaret Cushing (née Goodhue). Elnathan Whitman, her patrilineal great-great-great-grandfather, was a member of the Nova Scotia House of Assembly. Whitman is also a great-great-granddaughter of U.S. Senator Charles B. Farwell of Illinois through her father.
Is Meg Whitman self-made? – Net Worth
Whitman has an estimated net worth of $3.8 billion. Whitman’s self-made score of 6 reflects the fact that she is the only woman on this list who is a “hired or hands-off investor who did not create the business” from which she profits.
Where did Meg Whitman go to College? – Education
Whitman attended Cold Spring Harbor High School in Cold Spring Harbor, New York, for three years before graduating in 1974. According to her memoirs, she was in the top ten of her class. She wanted to be a doctor, so she went to Princeton University and majored in math and science.
Meg Whitman Leadership Style
Whitman understands the importance of good leadership in the success of an organization. As a result, she’s developed her leadership skills over time. As a leader, Meg Whitman primarily uses transformational and charismatic leadership styles. Her transformational leadership can be seen in a number of ways.
Meg Whitman House
Whitman is selling her apartment in West Hollywood, Los Angeles, for $6.5 million, the same amount she paid for it two years ago.
What is Whitman's husband's job?
Another student asked how Whitman and her husband, a Stanford neurosurgeon, balance two high-pressure, high-profile careers with the demands of raising children. “With great difficulty,” Whitman replied — and, she added, with a lot of help both from people they hire and from family and friends. There are always trade-offs when it comes to work-family balance, Whitman said, and the key is to make them intelligently.
How long has Whitman been at eBay?
Whitman, who keeps a notebook in which she writes down things she learns each week, also reflected on lessons she has learned in more than eight years at the helm of eBay.
Why is Whitman's A+ team important?
Whitman emphasized the importance of hiring “an A+ team” and making sure people are in the right job at the right time. This can be a challenge when the company is growing fast and the responsibilities of many jobs have multiplied.
Who developed a strategy for starting a new management position?
Whitman also has developed a strategy for starting a new management position.
Meg Whitman
The glass cliff has similar connotations as the glass ceiling: it represents a gender barrier in business. Coined in 2004 by British researchers Michelle Ryan and Alex Haslam, their work showed women are more likely to be appointed to head up companies facing imminent disaster.
While research shows female CEOs are more likely to be appointed to failing companies, Europe could take lessons from Meg Whitman, the head of HP
The glass cliff has similar connotations as the glass ceiling: it represents a gender barrier in business. Coined in 2004 by British researchers Michelle Ryan and Alex Haslam, their work showed women are more likely to be appointed to head up companies facing imminent disaster.
I've wanted to speak with Whitman for years because of her breadth of experience, both in politics and at different companies, has fascinated me
In our conversation, Whitman spoke about the difference between leading a Fortune 500 company and a startup, how to decide what risks are worth taking, what she learned from politics, how to manage during a crisis, and her best career advice.
READ MORE: 'Untamed' author Glennon Doyle on her best career advice, and the importance of learning to trust yourself
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Overview
Career
Whitman began her career in 1979 as a brand manager at Procter & Gamble in Cincinnati, Ohio. Whitman later moved on to work as a consultant at Bain & Company. She rose through the ranks to achieve the position of senior vice president.
Whitman became vice president of strategic planning at the Walt Disney Comp…
Early life and education
Whitman was born in Cold Spring Harbor, New York, the daughter of Margaret Cushing (née Goodhue) and Hendricks Hallett Whitman, Jr. Her patrilineal great-great-great-grandfather, Elnathan Whitman, was a member of the Nova Scotia House of Assembly. Through her father, Whitman is also a great-great-granddaughter of U.S. Senator Charles B. Farwell, of Illinois. On her mother's side, she is a great-granddaughter of historian and jurist Munroe Smith and a great-grea…
Philanthropy
Whitman founded a charitable foundation with husband Harsh on December 21, 2006, by donating to it 300,000 shares of eBay stock worth $9.4 million. By the end of its first year of operation, the Griffith R. Harsh IV and Margaret C Whitman Charitable Foundation had $46 million in assets and has disbursed $125,000 to charitable causes. Most of the money disbursed went to the Environmental Defense Fund.
Political career
Whitman was a supporter of the Mitt Romney 2008 presidential campaign and was a member of his national finance team. She was also listed as finance co-chair of Romney's exploratory committee. After Romney stepped out of the race and endorsed John McCain, Whitman joined McCain's presidential campaign as a national co-chair. McCain mentioned Whitman as a possible secretary of the …
Political positions
While running for governor, Whitman emphasized three major areas: job creation, reduced state government spending, and reform of the state's K-12 educational system. She argued that it is best to start only a few things and finish them, instead of starting a lot of things and finishing few of them.
Whitman said that if elected, on her first day she would have suspended AB 32, the Global Warmi…
Awards
In 2017, Whitman was the Commencement speaker for Carnegie Mellon University and was awarded an honorary doctorate degree.
See also
• List of richest American politicians