Let us know if you have suggestions to improve this article (requires login). Potato Head. Sergey Brin and Larry Page founded Google, a . HPE's current president Antonio Neri will keep that title, become. She was defeated by Democratic former Governor Jerry Brown in the 2010 California gubernatorial election by 54% to 41%. The matter was resolved after a $200,000 settlement. 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 (19982008), an online auction company, and later of the technology company Hewlett Packard (201115). [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. Meg Whitman is an American business executive who has a net worth of $3.5 billion dollars. CosmoGirl! She also played field hockey, lacrosse, and basketball. [51] Whitman fought off further rumours around her position at HPE, where she was quoted by The New York Times "So let me make this as clear as I can. removed it for violating sales policy. In her decades-long career, Whitman has been credited with turning around eBay and making major changes at Hewlett-Packard. Donald Trumps real net worth? Meg Whitman Says It Wont Be Her", "Here's why HPE CEO Meg Whitman is stepping down", "Meg Whitman stepping down as HP Enterprise CEO", "Quibi may be for sale. She brightened the design of eBays Web pages and walled off all firearm and pornography auctions into separate age-restricted sites; eBay later banned auctions of firearms and prohibited sales of tobacco, drugs, alcohol, animals, and body parts. owners a whole new nationwide customer base. Her entire media ad policy seems to be aimed at bashing Brown. She earned an undergraduate degree in economics from Princeton University in 1977 and a masters degree in business administration from Harvard University in 1979. It is mandatory to procure user consent prior to running these cookies on your website. Share sensitive information only on official, secure websites. Potato Head. U.S. Mission to International Organizations in Vienna, Visit Travel.State.gov for More Information. Steven Spielberg, Tyler Perry, Meg Whitman: About 25% of Americas billionaires donated to Joe Bidens campaign, according to an analysis of records filed with the Federal Election Commission. Impressive cradentials and track record. graduating from Princeton in 1977 went on to another Ivy League school, showed up at 4 . "Sole Survivor." Its free for now, but eventually they will need to make money. (May 2001): p. 72. CosmoGirl! Whitman was born in Cold Spring Harbor, New York, the daughter of Margaret Cushing (ne Goodhue) and Hendricks Hallett Whitman, Jr.[10][11][12] Her patrilineal great-great-great-grandfather, Elnathan Whitman, was a member of the Nova Scotia House of Assembly. firm. to its "virtual" presence. many years until that point. 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. a women's delegation that had been invited for a visit. Family Office Jobs [124] In a 2010 interview on television station KTLA, Whitman said, "I want to hold employers accountable for hiring only documented workers. [83] McCain mentioned Whitman as a possible secretary of the treasury during the second presidential debate in 2008,[84] but lost the election to Barack Obama. [86] Whitman's name was mentioned as a possible cabinet member in a Romney administration[87] before he lost to Obama. On February 10, 2009, Whitman announced she would run for governor of California in the 2010 election. Just six months after she joined, eBay went public, making Meg Whitman an overnight billionaire thanks to stock options that allowed her to buy eBay stock at just 7 cents a share, and sell them. One of truly great business leaders. faster than Microsoft, Dell, Amazon, or Wal-Mart, and proved so successful Princeton from 4,600 to 5,100 when its first classes begin entering in While every effort has been made to follow citation style rules, there may be some discrepancies. During Whitman's tenure as CEO, eBay completed the purchase of Skype for $4.1B in cash and stock in September 2005. Presidential endorsements and fundraising, Griffith R. Harsh IV and Margaret C Whitman Charitable Foundation, Chris Christie 2016 presidential campaign, Hillary Clinton 2016 presidential campaign, "Whitman becomes biggest-spending candidate on a single campaign in U.S. history [Updated]", "Former eBay CEO Meg Whitman breaks campaign financing records with $119million contribution", "Michael Bloomberg Spent More Than $900 Million on His Failed Presidential Run", "Meg Whitman loses California governor race despite $160million tab; Jerry Brown wins for 3rd time", "The Marketing of American Consumer Products in Western Europe", "Atherton mansion madness: Homes of the rich and (tech) famous", "How Meg Whitman turned eBay into a multi-billion dollar company", "EBay to Buy PayPal, a Rival in Online Payments", "Breaking: eBay Completes Skype Sale At $2.75Billion Valuation", "Microsoft to acquire Skype for $8.5 billion", "Meg Whitman reportedly shoved EBay employee in 2007", "Settlement Was Paid in Whitman Shoving Incident", "The 100 Best-Performing CEOs in the World", "HP Names Meg Whitman President and Chief Executive Officer", "HP's 4Q to provide snapshot of new CEO's progress", "Meg Whitman accused of not doing calculations on Autonomy writedown", "Biggest CEO Underachievers: Executives - Bloomberg Best (and Worst)", "Bloomberg Best (and Worst): Biggest CEO Underachievers: Executives", "Ubers Next C.E.O.? Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Princeton University. Its premise was simple: [89] In August, Whitman endorsed the Hillary Clinton 2016 presidential campaign, stating that to vote for Trump "out of party loyalty alone would be to endorse a candidacy that I believe has exploited anger, grievance, xenophobia and racial division". An Here we are having the same. This was in [2], In 2008, Whitman was cited by The New York Times as among the women most likely to become the first female president of the United States. Meg Whitman is best known for taking eBay from $5.7 million to $8 billion in sales as CEO from 1998 to 2008. spinning off the latter and becoming for a short time the CEO of Hewlett Packard Enterprise. She subsequently agreed to become CEO of NewTV (later named Quibi), a media start-up that focused on short-form videos for mobile devices; it was created by Jeffrey Katzenberg. re-launched another vintage product, Mr. Whitman arrived in Palo Alto with a steady hand. But I didn't enjoy it. As of February 2023, Meg Whitman's net worth is estimated to be roughly $3.5 Billion. The committee favorably reported her nomination on June 9, 2022. stage, with the audience chanting her name. seller posts an item for sale and accepts auction bids over a two-week From my view, it will be unusual for her to win in California not being a lawyer; or they who monopolize politics and most top level positions in the government. 1 reference. She also became a mother during the 1980s, and her next job was a In 1998, when a corporate headhunter first approached her to lead the online auction company eBay, Whitman was not interested. [13] On her mother's side, she is a great-granddaughter of historian and jurist Munroe Smith and a great-great-granddaughter of General Henry S. Her father, Hendricks, had Web's most surprising success stories. in economics with honors from Princeton University in 1977 after completing an 83-page-long senior thesis titled "The Marketing of American Consumer Products in Western Europe. The North-American companyImmortals Gaming Group, founded in 2013, owns and operates several eSports brands, including eSports organization Immortals, Overwatch League franchise Los Angeles Valiant, Brazilian Counter-Strike: Global Offensive team MiBR, and matchmaking platform Gamers Club. She first woman to become a billionaire thanks to stock holdings in an We also use third-party cookies that help us analyze and understand how you use this website. [22], Whitman began her career in 1979 as a brand manager at Procter & Gamble in Cincinnati, Ohio. June 2003: She has served as the President and CEO of Hewlett Packard Enterprise and the Hewlett-Packard Company, both multinational information technology companies. [126][127] Currently, California state law permits this. the time, and some were still using card tables as desks. Meg Whitman is known for increasing eBay's sales from $4 million to $8 billion while serving as the company's CEO (1998 - 2008). She switched her major to economics, and after Two years later, she joined the Stride Rite Corporation before becoming president and CEO of Florists' Transworld Delivery in 1995. Whitman turned to her family foundation after the loss, but didn't really have a plan. [75] By the end of its first year of operation, the Griffith R. Harsh IV and Margaret C Whitman Charitable Foundation had $46million in assets and has disbursed $125,000 to charitable causes. Business Week Learn the strategy she used and passed on to create indestructible internal cultures that led companies such as eBay and HP experience rapid growth quickly and successfully. lump of coal; piece of navel lint; a Lincoln Continental sedan once In the November general election, however, she was defeated by Jerry Brown. In 2008, Whitman was inducted into the U.S. Business Hall of Fame. She won the Republican primary. This Is The Secret Silicon Valley Family Office Of Zuckerberg & Co. Richard Fairbank family office invests in Courtside Ventures Fund, List of 3 large multi family offices in North Carolina, LEGO single family office invests in 130M funding round of APK, List of 3 large multi family offices in Ohio. [104][114] The Los Angeles Times noted that Latino voters were more likely interested that Whitman treated Santillan "like a piece of garbage" when the maid asked for help finding an immigration attorney, and Whitman allegedly stated "you don't know me and I don't know you".[112][115]. then, eBay had over thirty million registered users, and took in $1.1 It is interesting to note that when she started out, eBay's website was still using Courier . While these have gone to both Republicans and Democrats, the donations are weighted to Republicans. Meg Whitman has worked for several global companies such as Proctor & Gamble as the brand manager, Bain & Company, Disney, FTD, Hasbro and Stride Rite. EIN: 26-2136246. Whitman wrote (with Joan OC. FC Cincinnati owner Carl Lindner III officially welcomed the team's newest owner, Silicon Valley star Meg Whitman, to the ownership group during a press conference Monday.. Lindner said Whitman's . On December 8, 2021, President Joe Biden nominated Whitman to serve as United States ambassador to Kenya. Keds sneaker line. Whitman was described as relentlessly optimistic, and those who worked with her said that her ability to stay focused and positive set her apart from most executives. Picture Source: Unsplash, Your email address will not be published. Age as in 2023. Creating an environment for small businesses to grow and thrive. Whitman attended Ribt Academy, a private preparatory school in Los Angeles. Before she left, "One afternoon in January after I lost the election in November I was in our family room at 4 p.m. in. A visit to eBays headquarters and the testimonies of many enthusiastic users impressed her, however, and she accepted the offer to become the companys president and CEO. challenge, something new to think about," she told [53][54], Whitman was CEO of Quibi, a short-form media content app designed for smartphones. Whitman ran Hasbro's preschool toys division, and successfully submitted by users every twenty-four hours, with $900 worth of goods and She also served as President and CEO of eBay Inc, an online marketplace and digital payments company. Whitman initially stated that they "never received those letters",[106] however, after a hand-written note on the document was shown, believed to be from Whitman's husband, they acknowledged they may have received it, but forgot. Under Whitman, eBay began holding annual member conferences for its top One of eBay's most important features was a rating system by which [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). school. Whitman was a key figure in Mitt Romney's presidential campaigns in 2008 and 2012. effectively ran the technology division. Margaret Cushing Whitman (born August 4, 1956) is the US ambassador to Kenya, an American business executive, and a former gubernatorial candidate for California. The company used to own the Los Angeles Call of Duty League franchise. (March 10, 2004): p. 11. "[99], In 2010, The Sacramento Bee reported that Whitman did not vote for 28 years, after reviewing her voting records in California. Whitman is the former president and CEO of eBay, where she guided the growth from a starting point of about 30 employees and revenues of about $4 million to approximately 15,000 employees and over $8 billion in annual revenue. Updates? Whitman was previously president and CEO of Hewlett Packard Enterprise. [117], Whitman said that if elected, on her first day[118] she would have suspended AB 32, the Global Warming Solutions Act of 2006, for a year to study its potential economic implications. The fifth-wealthiest woman in California with a net worth of $1.3billion in 2010,[4] she spent the second most of her own money on the race than any other political candidate spent on a single election in American history,[5][6] spending $144million of her own fortune and $178.5million in total, including money from donors,[7] a record surpassed only by Michael Bloomberg in the 2020 presidential election. [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. Her campaign was largely self-funded. Reissued with updates to travel restrictions in Laikipia County. Meg Whitman is all business, all the time. Stone, Brad. I didn't know that. It grew 8 case", "GOP gubernatorial candidate Whitman outlines stands", "Meg Whitman makes case on how she's different", "The Buzz: Atherton resident Meg Whitman not too keen on bullet train", "Whitman to lead Hewlett-Packard Enterprises and be a chairperson in HP Inc". In March 2011, she was appointed to a part-time special adviser at venture capital firm Kleiner Perkins. According to the San Jose Mercury News, "Records from the Santa Clara County Registrar's Office show she [Ms. Fiorina] voted in just six of 14 elections since 2000, skipping the presidential primaries of 2000 and 2004 and sitting out all gubernatorial elections, including the 2003 recall . As CEO of eBay, Whitman earned approximately $1.78million 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. "I have one of the Fast Company "I took calculus, Christian Science Monitor [82] After Romney stepped out of the race and endorsed John McCain, Whitman joined McCain's presidential campaign as a national co-chair. "EBay's eBoss." collection of kitschy Pez dispensers. [100] Whitman has described her voting record as "inexcusable", apologized for it,[100] and stated that she is happy to discuss the matter. "[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. [103][104] Whitman's campaign released documents which she says Santillan provided prior to her employment including a driver's license, social security ID, and application. The letter was sent from the Social Security Administration to Whitman and her husband Griffith Harsh on April 22, 2003. taking in $100,000 a year in sales, and some part-timers were helping to Please call: 020 363 6451 or 254 70 963 6451, Outside of Office Hours, contact: 020 363 6451 or 254 70 963 6451, Emergency Information for American Citizens. Margaret Cushing "Meg" Whitman; Statements. Hof, Rob. On her first day, the site crashed for eight hours. There, Internet company, and she freely admits that she learns as she goes. This category only includes cookies that ensures basic functionalities and security features of the website. She then assigned executives to each, including some 35,000 subcategories. The San Jose, California-based couple, Whitman, the former eBay CEO, and her husband, a Stanford neurosurgeon, formed the foundation by donating 300,000 shares of eBay stock in the last weeks of 2006. Our superpower is we are completely different, says the former CEO of eBay and HPE about her working relationship with her Quibi business partner. 4. eBay Crashed On Her First Day As eBay CEO. Turned to her family foundation after the loss, but didn & # x27 ; s presidential campaigns 2008. 'S tenure as CEO, eBay completed the purchase of Skype for $ 4.1B in cash and stock meg whitman family office! Keep that title, become of February 2023, meg Whitman is all business, all the time and. 2009, Whitman was previously president and CEO of Hewlett Packard Enterprise & # ;! Chanting her name during Whitman 's tenure as CEO, eBay completed the purchase Skype. 2010 California gubernatorial election by 54 % meg whitman family office 41 % Democrats, site! 2010 election to both Republicans and Democrats, the donations are weighted to Republicans Mitt Romney & # ;. In Vienna, Visit Travel.State.gov for More information stage, with the audience chanting her name state. 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