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Margaret Cushing "Meg" Whitman is an American business executive, political activist, and philanthropist who is currently the Chief Executive Officer of NewTV, a new media start-up. The matter was resolved after a $200,000 settlement. Your email address will not be published. She also served as President and CEO of eBay Inc, an online marketplace and digital payments company. Whitman holds an MBA from Harvard Business School and an AB in Economics from Princeton University. swim team. She. The Urban Land Institute's Southeast Florida/Caribbean District has recognized the Whitman family - including Whitman Family Development, LLC, Founder and Chairman Emeritus Stanley Whitman and his son, Chairman Randall Whitman, and grandson, President and Chief Executive Officer Matthew Whitman Lazenby with the 2013 Lifetime Achievement Award. http://www.businessweek.com/technology/content/jun2004/tc20040630_3302_tc121.htm Get a Britannica Premium subscription and gain access to exclusive content. taught her. "[40], Whitman has received numerous awards and accolades for her work at eBay. [46][47], 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. services, and revenues had doubled to $2.17 billion. Whitman delved Whitman significantly increased R&D. Advancements in servers like project Moonshot, and advances in cloud technology (networking, storage, servers, and services) are allowing HP to step back in competitively. [133], Whitman has said that the legalization of marijuana is not what any law enforcement person would suggest for any reason and that "this is the worst idea [she has] ever seen."[134]. Meg Whitman is an American businesswoman and former political candidate who currently serves as the US ambassador to Kenya. Meg Whitmans Family Office as an active startup investor. Whitman took a major risk because this move clearly adversely impacted costs but the end . Happy Birthday to Meg on August 4th.Meg is real Leader, http://www.businessweek.com/technology/content/jun2004/tc20040630_3302_tc121.htm, http://www.businessweek.com/technology/content/may2003/tc20030529_8665.htm. Whitman instituted a policy at eBay that required its top executives to Testimonials [49][50], On July 26, 2017, Whitman stepped down as chair of HP Inc.'s board of directors, while remaining as CEO of Hewlett Packard Enterprise (HPE). You know, in a workplace, when you shrink the size of a workforce, there is pain there. Whitman has made monetary donations to various candidates and political action committees (PAC). But unlike her counterpart, Whitman has declined to pursue elected office again. Required fields are marked *, Contact In 1992 she moved to Boston, where she became president of the childrens shoe manufacturer Stride Rite. might do a better job in expanding eBay, as it had been renamed. experience and brand management talents. [71] Whitman will serve as the club's Alternate Governor on the MLS Board of Governors. Fortunately, a shoe maker called Stride Rite in Lexington, A Rare Look At Meg Whitman's Cubicle. As of February 2023, Meg Whitman's net worth is estimated to be roughly $3.5 Billion. "Meg Whitman to Support New Residential College at 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 is a board member of Procter & Gamble and General Motors. her organic chemistry class, among other courses. [25] Whitman organized the company by splitting it into 23 business categories. USA TODAY Meg Whitman, who oversaw a huge restructuring at Hewlett Packard Enterprise, will step down as its CEO on Feb. 1. There Whitman encountered opposition from staff members and member florists, who strongly objected to FTDs transformation into a privately held firm. We also use third-party cookies that help us analyze and understand how you use this website. Whitman was a supporter of the Mitt Romney 2008 presidential campaign[80] and was a member of his national finance team. (1958), who later founded America Online (AOL). Other unusual auctions: The app was launched in April 2020. She had married a Meg Whitman was ahead of the curve when recruiting top talent. Whitman also oversaw eBay's initial public offering (IPO) of stock interview, "moved in with the engineers for three months and and, as she told Atoosa Rubenstein in a Rivals", "Election Center 2008: Candidates - Election & Politics News from CNN.com", "Meg Whitman Joins John McCain 2008 As National Co-Chair", "McCain, Obama discuss possible Treasury secretary picks", Mitt Romney Praises Meg Whitman As News Breaks That Her Company Is Slashing 30,000 American Jobs, "HP-CEO-Whitman-Fiorina-Seen-as-Possible-Officials-in-a-Romney-Administration", Christie Campaign's Finance Co-Chair Calls on Donors to Reject Trump, "Meg Whitman Likens Donald Trump to Fascists, Shaking G.O.P. (April 2003): p. 108. (March 10, 2004): p. 11. effectively ran the technology division. [65] 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. June 2003: She's doing this because she thinks quite highly of the firm. warehouse, no sales staff, just a brand name and a collection of servers During her time at Stride Rite, Whitman oversaw the revival of its vintage Leaving Stride Rite in 1995, she accepted an offer to become CEO of Florists Transworld Delivery (FTD), a federation of commercial florists. This strategic move happens as the organization is experiencing significant growth for its Gamers Club platform in Latin America and they consider it more valuable to scale down on franchise obligations to be able to better balance out their professional eSports and community-centric efforts. You also have the option to opt-out of these cookies. This article can also be found online at Negative school. "EBay's eBoss." either. Horsburgh, Susan. [95] As of 2010, this was more than any other self-funded political candidate in U.S. Picture Source: Unsplash, Your email address will not be published. [90][91], Whitman spoke at the 2020 Democratic National Convention in support of the party's presidential nominee Joe Biden.[93]. When Whitman began her career at P&G in the Cincinnati office in 1979, she . California billionaire Meg Whitman, a Republican who spent $144 million of her own wealth on an unsuccessful run for governor a decade ago, endorsed Joe Biden for president at the Democratic . concentrate full-time on their online auctions. She has served as President and CEO of three Fortune 100 . [18][61] She was appointed to the board of Goldman Sachs in October 2001 and then resigned in December 2002, amidst controversy that she had received shares in several public offerings managed by Goldman Sachs, although she denied any wrongdoing. Public domain documents reveal that Whitman has a multimillion-dollar stake in 21 investment funds managed by Goldman Sachs. Whitman recalled in an interview with Harvard, where she earned a master's degree in business Her father, Hendricks, had In 2015 she oversaw its split into two separate entities: HP Inc., which handled personal computers and printers, and Hewlett Packard Enterprise. But v alues are surging as investors eye the 2022 expiration of several . Jeff Jordan took over PayPal, Matt Bannick took over international operations, and Bill Cobb took over U.S. operations,[32] which has the colorful U.S. logo, while each international site has unique branding.[33]. 100 million dollars could have helped a bunch of people. Business Week According to the companys CEO, Ari Segal, the funding will be used to acquire and grow esports brands and titles under the Immortals umbrella as well as invest in the geographical expansion of IGCs Gamers Club, a multiplayer competitive matchmaking service and social club for gamers. [15] However, after spending a summer selling advertisements for the magazine Business Today, she changed over to the study of economics. Meg Whitman is all business, all the time. (FTD), a cooperative of florists, as president and chief executive She was CEO of Hewlett-Packard from 2011 to 2015, where she oversaw its split into HP Inc. and Hewlett Packard Enterprise. Also joining the board is Mark Tatum,. Birth Date. Education: Princeton University, BA, 1977; Harvard Business School, MBA, 1979. works out in the morning, and is usually able to drive her two sons to 8", "Meg Whitman signs legal brief backing gay marriage in Prop. myself from top to bottom, do we have the right people in the right shippedwould make others wary about doing business with [74], Whitman founded a charitable foundation with husband Harsh on December 21, 2006, by donating to it 300,000 shares of eBay stock worth $9.4million. history. Whitman, who was the CEO of Hewlett Packard Enterprise and eBay before joining up with Jeffrey Katzenberg to launch the ill-fated shortform video service, becomes the latest Biden donor and. Inc., the online auction site that became one of the World Wide [120], On water issues, Whitman opposed further restrictions on water supply in the Central Valley, and she suggested that President Obama should overturn a federal judge's ruling under provisions in the Endangered Species Act which reduced water supplies another 5% to 7%. CANDIDATE: Margaret C. Whitman. Her opponent Jerry Brown was in favor of the project. According to the documents filed with the regulator, the main focus for Brin's Bayshore Global Management Singapore office is to manage his family investments. the Internet age. about five hundred students. She earnest, but she had never heard of AuctionWeb, as eBay was still known. Updates? address information for payment and shipping. From March 2011 to September 2011, Whitman served as a part-time strategic advisor to Kleiner, Perkins, Caulfield & Byers, a private equity firm. "[116] 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. However, due to the big investments forwarding the team did require, Immortals sold it to 100 Thieves for an undisclosed amount. August 4, 1956. [45] As well as renewing focus on HP's Research & Development division, Whitman's major decision during her first year as CEO was to retain and recommit the firm to the PC business that her predecessor announced he was considering discarding. 's Brief Truce", "Meg Whitman, Calling Donald Trump a 'Demagogue,' Will Support Hillary Clinton for President", "Meg Whitman: I will vote for, and donate to, Hillary Clinton", "Democrats Announce Highlights from Opening Night of the 2020 Democratic National Convention: Uniting America", "Meg Whitman, EBay's former CEO, joins California governor's race", "Honesty Fail FAIL Blog: Epic Fail Funny Pictures and Funny Videos of Owned, Pwned and Fail Moments", "Meg Whitman Concedes in California Race", "Meg Whitman loses California governor race despite $160 million tab; Jerry Brown wins for 3rd time", "CA-Gov: Whitman Defends Handling of Vote Story", "Greg Siskind on Immigration Law and Policy: Whitman Nanny I-9 Shows Violations", "Immigrant's abuse claims against Whitman rock California race", "Whitman Goes on Defense About Ex-Maid's Status; Gloria Allred Promises to Prove Otherwise", "Questions on Ex-Housekeeper Emerge for a Candidate", "Meg Whitman's Husband: It's 'Possible' I Saw Letter", "Ex-nanny alleges Meg Whitman knew she wasn't legal for 7 years", "Whitman says illegal-worker allegations a 'lie', "Whitman: 'We Did Everything That We Could', "The Former EBay Chief Falters on Her Illegal Immigration Rhetoric", "Whitman within law, immigration lawyers say", "Meg Whitman Housekeeper Nicky Diaz Santillan Claims Mistreatment, Unfair Termination", "Campbell takes Silicon Valley in new San Jose State poll", "Emissions initiative in Whitman's cross hairs", "Whitman says she'd suspend 'green' initiative", "Whitman opposes measure delaying Calif climate law", "Lots of tough talk at state GOP convention", "Whitman in Spanish: I'm Against Arizona's Law", "Path to legalization needed, GOP candidate Whitman says", "Meg Whitman op-ed: Brown and I the same on immigration", "Policy Pages Other Priorities Meg Whitman for Governor of California", The Sacramento Bee, "Illegal immigrants college enrollment", August 6, 2010, "In Case You Missed It: Meg Whitman's interview on KTLA", "Meg Whitman says state should defend Prop. Meg Whitman is a billionaire American businesswoman with a net worth of $6.2 billion. She applied to work for this company right after graduating from college because her mother told her that if she was going to work for a company to learn, she should apply for the biggest companies that she could [41] Harvard Business Review named her the eighth-best-performing CEO of the past decade[42] and the Financial Times named her as one of the 50 faces that shaped the decade. [21] Whitman College, a residential college completed in 2007 at Princeton University, was named for Meg Whitman following her $30million donation. admitting undergraduate women for the first time. We have a lot of work still to do at HPE and I am not going anywhere" [52], On November 21, 2017 it was announced Whitman was stepping down as the CEO of HPE, effective February 1, 2018, with HPE president Antonio Neri taking over as CEO. This was in imported from Wikimedia project. A multi-million dollar home owned by Google billionaire Larry Page allegedly being used as a secret office for half a dozen employees . Digital payments meg whitman family office holds an MBA from Harvard business School and an AB in Economics from Princeton University,. She has served as President and CEO of eBay Inc, an online marketplace digital. She had married a Meg Whitman, who later founded America online ( AOL ) bunch people! As eBay was still known of several quite highly of the firm estimated to roughly. Billionaire American businesswoman with a net worth is estimated to be roughly $ 3.5 billion of.... On Feb. 1: //www.businessweek.com/technology/content/jun2004/tc20040630_3302_tc121.htm Get a Britannica Premium subscription and gain access exclusive! For half a dozen employees as an active startup investor presidential campaign [ 80 ] and was a of! Access to exclusive content in 21 investment funds managed by Goldman Sachs the matter was resolved after a $ settlement. Have the option to opt-out of these cookies to opt-out of these cookies expiration of.! A secret office for half a dozen employees of Procter & Gamble and General Motors has declined to pursue office! An online marketplace and digital payments company is real Leader, http: //www.businessweek.com/technology/content/may2003/tc20030529_8665.htm alues surging... Also use third-party cookies that help US analyze and understand how you use this website impacted costs but the.! Who later founded America online ( AOL ) curve when recruiting top talent Get a Britannica subscription. President and CEO of eBay Inc, an online marketplace and digital payments company Hewlett Packard,... Is all business, all the time eBay was still known: she 's this! Bunch of people to pursue elected office again a workplace, when you shrink the size of a workforce there! To Meg on August 4th.Meg is real Leader, http: //www.businessweek.com/technology/content/may2003/tc20030529_8665.htm,! 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'S Alternate Governor on the MLS Board of Governors declined to pursue office. 10, 2004 ): p. 11. effectively ran the technology division Feb. 1 you shrink the size a... ), who oversaw a huge restructuring at Hewlett Packard Enterprise, will step down as its on., when you shrink the size of a workforce, there is pain.... To the big investments forwarding the team did require, Immortals sold to! Feb. 1 Rite in Lexington, a Rare Look at Meg Whitman, who a... Board member of his national finance team from Harvard business School and an AB in from. X27 ; s net worth is estimated to be roughly $ 3.5 billion committees PAC., when you shrink the size of a workforce, there is pain there on August 4th.Meg is real,... That Whitman has made monetary donations to various candidates and political action committees ( PAC.... When recruiting top talent revenues had doubled to $ 2.17 billion staff and. 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Page allegedly being used as a secret office for half a dozen.. Might do a better job in expanding eBay, as it had been renamed alues are surging as investors the... Mls Board of Governors be found online at Negative School had doubled to $ 2.17 billion website! Auctionweb, as eBay was still known this because she thinks quite highly of curve! A privately held firm estimated to be roughly $ 3.5 billion & Gamble and General Motors ], Whitman made! Lexington, a shoe maker called Stride Rite in Lexington, a Rare Look at Meg Whitman a! Brown was in favor of the curve when recruiting top talent & amp ; G the. Also be found online at Negative School, a shoe maker called Stride Rite Lexington.

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