Washington (CNN) - 2010 California Republican Senate candidate Carly Fiorina was named the National Republican Senatorial Committee's new vice chair on Tuesday.
"I look forward to working with Carly to elect strong Republican Senators who will finally put a stop to President Obama's failed tax-and-spend agenda, and instead promote the economic growth and job creation Americans so badly need," Committee Chairman, Texas Sen. John Cornyn said in a statement released Tuesday.
Strong ties with the business sphere will likely make the former Hewlett Packard CEO an asset in courting well-funded NRSC donors. Cornyn touted that "her many business and civic achievements will make her an invaluable leader and fundraiser during this critical election cycle."
The former advisor to John McCain's 2008 presidential campaign garnered national attention during last year's deep -pocketed California Senate race, where she put up a tough fight, but ultimately lost to incumbent Democratic Sen. Barbara Boxer.
Fiorina will share her vice chair title with Utah Sen. Orrin Hatch, who is diving into his re-election campaign, which is already looking to be a highly contested race.
"The Senate sets the legislative agenda for the nation. I am proud to work alongside Chairman Cornyn, Vice Chairman Hatch and all Republican Senators to restore a Republican majority in 2012," Fiorina said in a NRSC statement, "Republicans in the Senate will provide job creators the opportunities and environment they need to grow our economy, decentralize power out of Washington, and restore fiscal accountability."
Senate Republicans hope to regain majority in next year's election, which would require them to secure four more Democratic seats if Obama is reelected and three if a Republican wins in 2012.
But it didn't take the Democratic Senatorial Campaign Committee long to provide its assessment of Fiorina's hire.
"Carly Fiorina laid off thousands and outsourced good American jobs overseas, but that didn't stop national Republicans from investing millions in her campaign last year, which she lost by double digits, or hiring her today," DSCC Press Secretary Shripal Shah said in response to Fiorina's new role, "Apparently, Republicans are not only protecting tax breaks for millionaires, they're also finding them jobs."