X

Fiorina makes healthy choice

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Health and well-being is good thing--especially if you're a CEO who's been beaten up by investors, endured insurmountable pressure from within your own ranks and then thrown out the door on your proverbial tush. Carly Fiorina, ex-CEO of Hewlett Packard, has signed aboard as a director of Revolution Health Group, an alternative health services company started by Steve Case, the once embattled chairman of AOL Time Warner. Case, who founded Internet giant AOL, later acquired media titan Time Warner, which later dropped the AOL from its name and eventually Case as its chairman.

Fiorina will be joining a board that includes other ousted CEOs and chairmen, who faced similar blood-raising pressures, according to a report in CNN/Money. There's Franklin Raines, former Fannie Mae chief who resigned late last year after securities regulators found accounting problems at his firm, Steve Wiggins, former chairman of Oxford Health Plans who left as part of an investor plan to infuse new capital in the company, and, of course, Case.

Meanwhile, other notable folks on Revolution's board includes Jim Barksdale, former Netscape CEO until it was acquired by AOL, and Colin Powell, former U.S. Secretary of State. Both Barksdale and Case remain on Time Warner's board, while Raines has since stepped down.