PeopleSoft boss fired
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NEW YORK: PeopleSoft yesterday sacked Chief Executive and president Craig Conway, citing a loss of confidence, and the software company&#39;s shares jumped on expectations that the move could pave the way for a deal with hostile bidder Oracle.
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Within two weeks of the firing of CEO Craig Conway, business applications vendor PeopleSoft Inc. has seen the departure of another top executive, Ram Gupta, executive vice president of products and technology.
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PeopleSoft founder David Duffield, who replaced fired CEO Craig Conway in October, quietly resigned effective Dec. 21, less than two weeks before Oracle is scheduled to close its buyout of its software-industry rival.
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David Duffield, who founded PeopleSoft (PSFT:Nasdaq - news - research) and then returned to the company as chairman and CEO, has resigned.
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PeopleSoft Chairman and CEO David Duffield has resigned from the company, effective Dec. 21, according to a filing Tuesday with the US Securities and Exchange Commission.
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just in PeopleSoft Chairman and CEO David Duffield has resigned from the company, effective Dec. 21, according to a filing Tuesday with the US Securities and Exchange Commission.
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On Friday, PeopleSoft announced the Board of Directors&#39; decision to terminate Craig Conway as President and CEO of the Company, effective immediately.
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A PeopleSoft executive who oversaw the company&#39;s products and its integration with JD Edwards departed from the company this week, a company representative confirmed Friday.
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PeopleSoft CEO David Duffield resigned on Dec. 21, just eight days after Oracle announced that it had reached an agreement to buy the company for about $10.3 billion.
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PeopleSoft&#39;s Chairman and CEO David Duffield resigned from the company on Dec. 21, just one week after PeopleSoft&#39;s board agreed to accept Oracle&#39;s $10.3 billion acquisition offer.
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PeopleSoft Inc. said Friday it had fired CEO Craig Conway, raising the possibility that the company, which until now has fought fiercely for its independence, will succumb to Oracle Corp.
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Ousted PeopleSoft CEO will get a severance package of between $10 million and $20 million.
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DECEMBER 29, 2004 (IDG NEWS SERVICE) - David Duffield has resigned as PeopleSoft Inc.&#39;s CEO and chairman, less than three months after taking over again at the company that he founded and that is in the process of being acquired by rival Oracle Corp.
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Business & money: Senior Wal-Mart executive fired for breaching ethics policies turns the tables on her former employer.
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PeopleSoft Inc. fired Chief Executive Officer Craig Conway, raising the likelihood the business- software maker will give up its 16-month fight against Oracle Corp.
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October 07, 2004 - The ongoing Oracle/PeopleSoft saga has seen a change of cast. Late last week, PeopleSoft announced that it has axed CEO Craig Conway, the former Oracle exec who has helmed PeopleSoft for
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PeopleSoft's board might have finally blinked. The business-software maker, facing a 16-month takeover siege from rival Oracle, has canned the CEO who bitterly opposed the deal and lost crucial regulatory support in its bid to stay independent.