Senator John McCain’s Chief Economic Adviser, Carly Fiorina, was CEO of Hewlett-Packard (HP) when the company surreptitiously avoided the trade boycott of Iran. McCain, who recently urged further divestment from Iran, picked Fiorina to be his top adviser on the economy while she is also serving as head of the Republican National Committee Victory Fund. It was under Fiorina’s leadership as CEO that, according to an April 19, 2004, Forbes article titled “Trading With The Enemy,” HP traded with the Iranians.
If you want to get around export controls, just sell the product to a front company in Dubai. The middlemen will take it from there… Hewlett-Packard, Dell and Microsoft, among many other U.S. companies, keep Dubai offices and are favorites these days among Iranian traders in Dubai. (Forbes, 4/19/04)
“The National Jewish Council (NJDC) has been arguing that we should judge candidates based on their voting records and public statements,” said Ira N. Forman, Executive Director of NJDC. “However, McCain and his allies insist on using guilt by association when looking at Democratic candidates. If this is their standard, then we call on them to explain why McCain’s Chief Economic Adviser oversaw the evasion of the American laws prohibiting Iranian trade in her tenure as CEO of HP.”
Fiorina Tapped To Head the RNC Victory Fund, Work Closely With McCain. According to National Journal’s CongressDaily, “Carly Fiorina, the former chief executive officer of Hewlett-Packard and Frank Donatelli, a lobbyist and former White House political director under President Reagan, will work closely with the McCain campaign. Fiorina will oversee the RNC Victory fund, the entity that historically has raised money for voter-turnout and party-building efforts to support the party’s presidential nominee and other GOP candidates nationwide.” (National Journal, Congress Daily 3/7/08)
Fiorina Has “Become The Face Of McCain's Economic Team.” In an article describing Carly Fiorina’s rise within the ranks of the McCain campaign, the Washington Post wrote, “Since McCain installed her last month at the Republican National Committee, the once-high-flying chief executive has held conference calls, made near-daily television appearances and become the face of McCain's economic team.” (Washington Post, 4/2/08)
1997: Hewlett Packard Joined Forces With Redington to Form Redington Gulf To Open Up Markets To Iran. According to Al-Bawaba, “Commencing operations in 1997, with their head office in the UAE, Redington Gulf currently has country offices located at UAE, Saudi Arabia, Iran and Egypt with a team of over 100 professionals managing these offices. The company aims at increasing its market share and expanding its reach in the Middle East through more in country offices. Redington and HP partnership was launched in the Middle East six years ago for one market - Iran, and one product group - IPG. Today it boasts of covering the entire region and across multiple product groups and support services.” (Al-Bawaba, 10/7/03)
1999: HP Manager Said “We Are Optimistic… Iran Is A Big Market For Hewlett Packard Printers.” While other IT companies were wary to target Iranian markets due to sanctions, Hewlett Packard maintained it’s ability to sell products to the country through a joint venture. Albrecht Ferling, HP’s Middle East general manager said, “We are optimistic. We have to wait for changes. Iran is a big market for Hewlett Packard printers. Our growth rate there is 50 per cent.” (Gulf News, 11/1/99)
2003: Fiorina Touted Success In Middle East In The Face Of Falling Domestic Revenue. In a conference call releasing Hewlett Packard’s earnings for the first quarter of 2003, CEO Carly Fiorina said, “Our revenue shortfalls were largely confined to the U.S. market, as weak commercial spending continued.” She added, “In the Americas, revenue declined 7% sequentially because of weakness in the U.S. and Latin America. Canada, on the other hand, reported solid sequential revenue growth. The strongest performance was in Europe, Middle East, and Africa where revenue was up more than 6% from the previous quarter.” (Hewlett Packard Q1 2003 Earnings Conference Call, Fair Disclosure Wire, 2/25/03)
2003: Under Carly Fiorina, Redington Gulf Surpassed $100 Million In Annual Sales. In a 2003 press release, Redington Gulf announced that it had crossed the $100 million milestone in shipments from Hewlett Packard across all product groups. (Al-Bawaba, 10/7/03)
These sources are from McCain Source and Progressive Media USA Research.