PeopleSoft CEO Steps Down
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PeopleSoft founder David Duffield, who tried to keep the company from being acquired by Oracle, returned as CEO after Craig Conway was fired in October.
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PeopleSoft&#39;s board ousted Craig Conway as CEO after he made a misleading statement about the company&#39;s ability to recruit customers while fending off Oracle&#39;s $7.
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Within two weeks of the firing of CEO Craig Conway, PeopleSoft has seen the departure of Ram Gupta, senior vice president of products and technology.
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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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David Duffield has resigned as PeopleSoft's chief executive officer and chairman less than three months after taking over again as CEO at the company he founded and which is in the process of being acquired by rival Oracle.
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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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In a surprise move, PeopleSoft today fired its president and chief executive officer, Craig Conway, citing a "loss of confidence."
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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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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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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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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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The news that Oracle has formerly taken control of PeopleSoft and that David Duffield has resigned as PeopleSoft&#39;s CEO comes as no surprise.
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Attempts by PeopleSoft to fend off a hostile takeover by Oracle took a surprising turn Friday. PeopleSoft&#39;s board of directors fired Chief Executive Officer Craig Conway.
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Oracle Corp. (ORCL.O: Quote, Profile, Research) has replaced PeopleSoft Inc.&#39;s (PSFT.O: Quote, Profile, Research) co-presidents, after taking control of the rival software maker earlier this week, according to a regulatory filing.
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The companies&#39; merger is expected to close in early January. PeopleSoft founder Dave Duffield, who returned as CEO during the company&#39;s fight to prevent Oracle&#39;s bid, resigned as chairman, CEO and director on December 21.
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Testimony from a PeopleSoft board member has indicated that the company had been thinking about removing deposed CEO Craig Conway for some time.
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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.