PeopleSoft Firing of Conway Tied to Oracle Comment
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Former PeopleSoft Inc. Chief Executive Craig Conway testified that he lied when he told investors last year that Oracle Corp.&#39;s $7.
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Opinion: In replacing fired CEO Craig Conway, PeopleSoft founder Dave Duffield may prove to be the only one who can save his company from an Oracle takeover.
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In a surprise move, business software maker PeopleSoft Inc. fired CEO Craig Conway Friday, saying it has has lost confidence in the feisty leader who engineered the company's dogged resistance to a &#36;7.7 billion takeover bid by rival Oracle Corp.
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NEW YORKâPeopleSoft Inc., suffering with a deteriorating software business as the company fights Oracle Corp.&#39;s hostile takeover bid, has fired chief executive Craig Conway, citing a loss of confidence in his ability to lead.
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PeopleSoft today said its board had ousted President and CEO Craig Conway due to "a loss of confidence" in his ability to lead the software company.
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PeopleSoft Inc., the business software-maker, unexpectedly fired Craig Conway, its chief executive, dumping the feisty leader who engineered the company&#39;s dogged resistance to Oracle Corp.
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A director of PeopleSoft said that Craig A. Conway, the company's chief, was fired in part because he made false statements at an analysts' conference in September 2003.
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In a surprise move, PeopleSoft issued a press release this morning at 8:15 ET announcing that it had fired Craig Conway as president and CEO.
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Craig Conway has been fired as chief executive officer of business software maker PeopleSoft, Inc., of Pleasanton. The firing &quot;resulted from a loss of confidence in Mr.
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In a statement, PeopleSoft's board of directors cited "a loss of confidence in Mr. Conway's ability to continue to lead the Company."
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NEW YORK: PeopleSoft Inc., which is trying to fight off a hostile takeover by rival Oracle Corp., on Friday said its board had ousted President and Chief Executive Craig Conway due to &quot;a loss of confidence&quot; in his ability to lead the software company.
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PeopleSoft said Friday that it had fired its chief executive, Craig Conway, a move that some analysts said raised the likelihood that the maker of business software would give up its 16-month fight against Oracle&#39;s $7.
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In a surprise move, the business software maker fired CEO Craig Conway Friday, saying it has has lost confidence in the feisty leader who engineered the company's dogged resistance to a takeover bid by rival Oracle Corp.
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update Craig Conway has been fired as president and chief executive officer of PeopleSoft and will be replaced by founder Dave Duffield, the company said Friday.
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Within two weeks of the firing of chief executive officer Craig Conway, business applications supplier PeopleSoft has seen the departure of another top executive, Ram Gupta, senior vice-president of products and technology.
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Craig Conway, former PeopleSoft CEO, admitted he misled investors when he said people had &quot;lost interest&quot; in Oracle&#39;s bid for his company.
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NEW YORK, October 4  - PeopleSoft&#39;s (PSFT.NAS) former CEO, Craig Conway, has accepted to have lied when he told investors last year that Oracle&#39;s $7.