*NEWS*EX-HP CHIEF TO HEAD WORLD BANK ?

[Anonymous]

Ex-HP Chief in
Running to Head World Bank

WASHINGTON  – Carly Fiorina, the recently ousted chief
executive of Hewlett-Packard Co., is in the running to be the next president of
the World Bank, a Bush administration official said Tuesday.

Fiorina’s name is the latest to
surface as a candidate to replace World Bank President James Wolfensohn.He is
stepping down as head of the development bank on June 1 at the end of his second
five-year term.

The Bush
administration began the search for Wolfensohn’s successor in early January and
said it would talk to other countries that belong to the 184-nation World Bank.

Rob Nichols, spokesman for the
Treasury Department, which is involved in the search, declined to comment on
candidates for the post.He said the administration wanted to name a replacement
before Wolfensohn’s term ends.

Fiorina,
as chief of the computer and printer giant, was one of the most high-profile
CEOs in the country. During her nearly six-year tenure, she sought to
reinvigorate the company. But the board felt she didn’t execute its strategy
quickly enough and dismissed her in early February.

Fiorina’s
spokeswoman, Kathy Fitzgerald, said Fiorina had no comment.

Other
names floated for the World Bank job include: John Taylor, the Treasury
Department’s undersecretary for international affairs; Peter McPherson, the
former head of Michigan State University who served as Bush’s point man on
rebuilding Iraq’s financial system; Randall Tobias,Bush’s global AIDS
coordinator;and Christine Todd Whitman, the former head of the Environmental
Protection Agency.

The
United States is the World Bank’s largest member nation. The bank traditionally
has had an American president. Its sister institution, the International
Monetary Fund,traditionally has been headed by a European.

[Author]

March 3, 2005 at 10:23 AM