Born in Burbank, California, Dunn grew up in Las Vegas, Nevada, where both of her parents were involved in the casino industry. Her father was the entertainment manager for the Dunes and Tropicana hotel-casinos, and her mother was a model and entertainer. When Dunn was only eleven, her father died. Her mother subsequently moved the family to California.
Education
Dunn entered the University of Oregon in 1970, but later had to drop out to support her mother by working as a housecleaner. She resumed college and graduated from UC Berkeley, where she graduated in 1975 with a B.A. in Journalism.
Career
After college, Dunn began working as a temporary secretary at Wells Fargo & Co. She eventually became CEO at Barclays Global Investors, the company that acquired the asset management division of Wells Fargo. Later she joined the HP Board of Directors. In 2001, the Financial Women of San Francisco named Dunn the "Financial Woman of the Year". She eventually succeeded Carly Fiorina as chairman of the board. Dunn was non-executive Vice Chairman of Barclays Global Investors since 2002, resigning on October 6, 2006, the day after her criminal indictment. Additionally, she was Director and Executive Committee member of Larkin Street Youth Services in San Francisco, on the board of the Conference Board's Global Corporate Governance Research Center, and an advisory board member of UC Berkeley Haas School of Business.
HP Internal Spying Scandal
Dunn was at the center of a controversy regarding her effort to investigate board-level leaks to reporters in 2005/2006. HP hired companies which, while investigating the leaks, obtained the personal telephone records of HP board members and reporters who covered HP through a practice called pretexting. It is illegal under California law to use deceit and trickery to obtain private records of individuals. On September 12, 2006, HP announced that Mark Hurd, a former CEO, would replace her as Chairman after the HP board meeting on January 18, 2007, but that Dunn would continue as an HP board member after January 18, 2007, a position she had held since 1998. Even so, on September 22, 2006, in a press conference, Dunn resigned, effective immediately, from both her position as chairman and from the board of directors of HP. In an official statement, Dunn noted "I accepted the responsibility to identify the sources of those leaks, but I did not propose the specific methods of the investigation... Unfortunately, the people HP relied upon to conduct this type of investigation let me and the company down. I continue to have the best interests of HP at heart and thus I have accepted the board’s request to resign." Hurd replaced her as Chairman. On October 4, 2006, Dunn and four others were charged by California attorney general Bill Lockyer with four felony counts: fraudulent use of wire, radio or television transmissions; taking, copying, and using computer data without authorization; identity theft; and conspiracy. Lockyer had issued arrest warrants for all five of those so charged. Dunn was scheduled to have been arraigned on November 17, 2006. On March 14, 2007, the judge in the case dropped all criminal charges against her in the "interests of justice". The dropping of the criminal charges by Judge Cunningham came after Dunn refused to take a plea of one misdemeanor in exchange for four felonies before the preliminary hearing. Bill Lockyer, the man who had been criticised for bringing the case against Dunn in the first place, defended his bringing of the case in a letter to the editor of the Wall Street Journal. HP General CounselAnn Baskins resigned on September 28, 2006. Baskins, who advised Dunn about "tightening control over Board members", was not indicted by Lockyer.
Personal life
Dunn had survived breast cancer and melanoma, but had been diagnosed with advanced ovarian cancer in January 2004. Chemotherapy treatment led to remission until August 2006, when she underwent surgery to remove liver metastases. Dunn was married to William Jahnke, a former head of Wells Fargo Investment Advisors. The couple owned a winery in Australia, a home in Hawaii and property in Orinda, California. On December 4, 2011, Dunn died from ovarian cancer at her home in Orinda, California at aged 58. She is survived by her husband, three adult children, ten grandchildren, a brother and a sister.
