";s:4:"text";s:3688:" The beneficiaries, it adds, are likely to be rivals like Dell Computer, I.B.M. Because of their shareholdings as individuals and in family trusts and foundations, though, the founders' children, now ranging in age from late 40's to early 60's, are being forced to take a stand.So far, the shares of the family members who oppose the deal, and those of the foundations they control, total 7.5 percent of Hewlett-Packard.More significant, Walter Hewlett, the lone remaining family member on the board of Hewlett-Packard, is actively lobbying institutional investors to vote against the deal. Walter Hewlett, joined by his two sisters, Eleanor Hewlett Gimon and Mary Hewlett Jaffee, had already said that they would fight the deal.The patriarchs -- Bill and Dave, as they are known to generations of loyal Hewlett-Packard employees -- were the revered elder statesmen of Silicon Valley.
The estimated Net Worth of Michael J Angelakis is at least $19 Million dollars as of 1 April 2020. If completed, the deal would bring an immediate, drastic change in Hewlett-Packard.
The logic of the merger rests on a view of the computer industry as going into a turbulent period of consolidation, as companies struggle for advantage amid the worst slump in the history of Silicon Valley. Ms. Orr, 55, is chief executive of a small software company, the Technology Resources Assistance Center, which makes specialized management programs for nonprofit groups. The estimated Net Worth of Linda A Mason is at least $19.4 Million dollars as of 11 May 2020. Those seven include Richard T. Schlosberg III, the chief executive of the foundation; Colin S. Wilbur, the former executive director of the foundation; and experts in the main fields that receive grants from the foundation, like environmental protection, public health and marine biology. “Some guys chase broads,” he says. ''In a merger with Compaq, Ms. Fiorina says, Hewlett-Packard will combine with a company that is pursuing much the same strategy and that has some overlapping and some complementary businesses. Mr. Hewlett's firm, Friedman Fleischer, has made its presentation to that board, too.And David Woodley Packard, who is no longer on the Packard Foundation board, has talked to his sisters.
He currently works as a Principal at Texas Preparatory Academy.
''Robert Stephens, who is married to Julie E. Packard, said last week that he took some comfort from having seasoned ''decision makers'' like Mr. Platt, Mr. Morton and Ms. Orr on the board. This week, before the vote, Hewlett-Packard's management and its adviser, McKinsey & Company, are to meet with members of the foundation board.If the foundation votes against the deal, the merger is not necessarily dead, but 18 percent of the shares will be securely in the opposition camp. or knows people who work for H.P. All Rights Reserved.
He is notorious for chasing after a mere rumor of a car’s possible whereabouts, or pursuing an owner who won’t sell. In those days, they vacationed together, and even today the Hewletts and the Packards jointly own land, including a 28,000-acre ranch in Northern California.Susan Packard Orr, the chairwoman of the family foundation, appears to share some of Ms. Fiorina's views, while her brother, David Woodley Packard, announced last month that he opposed a merger with Compaq. ''DESTINY is decidedly knocking at the door of the founders' heirs because of the controversial Compaq merger.