BUSINESSWEEK ONLINE : AUGUST 30, 1999 ISSUE
PEOPLE

Ann Martinelli Livermore


BORN
Aug. 23, 1958

CHILDHOOD
Grew up in Greensboro, N.C., where she was a standout in tennis and the captain of the basketball team--despite her 5-foot, 4-inch height. While her father worked his entire career for a local insurance company, she never dreamed of staying at one company.

EDUCATION
BA in economics from University of North Carolina at Chapel Hill, 1980; MBA from Stanford University in 1982.

CAREER HIGHLIGHTS
Joined HP in 1982. Worked her way up through its computer-services division, a backwater in hardware-minded HP. Became head of the division in 1996. After helping devise HP's first Internet strategy, promoted in November to CEO of the company's $14 billion Enterprise Computing division.

FIRST BUSINESS SUCCESS
At Stanford, teamed with a friend to write a business plan that won the annual competition to run the coffee and doughnut concession. The $50,000 she earned paid her tuition--and changed Stanford's approach. After that, professionals were hired to tap the profit potential Livermore helped uncover.

HOW SHE FEELS ABOUT NOT BEING NAMED CEO OF HP
''I wouldn't be very human if I wasn't disappointed. But [new CEO Carleton Fiorina] is going to be a great boss. My intention is to stay at HP. I'm sitting at a computer company that's poised to write the second chapter of the Internet, so I feel like I'm pretty well-placed.''

WHAT SHE ALWAYS WANTED TO BE
A singer, though her karaoke skills are ''awful.'' When HP mentor Jim Arthur retired, Livermore and a colleague, clad in short skirts and feather boas, rented a recording studio to make a video of a song they made up, ''We've lost that Arthur Feeling.'' Says Livermore: ''I had to have a lot to drink before I did that one.''



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