PeopleSoft's CEO Conway gets the boot
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PeopleSoft Inc. Chief Executive Officer (CEO) and President Craig Conway was shown the door on Friday by the company's board of directors, who immediately replaced him with Dave Duffield, PeopleSoft's founder and chairman.
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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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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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PeopleSoft Inc.&#39;s board fired Craig Conway as its chief executive after hearing him explain why he made a misleading statement about the business software maker&#39;s ability to close sales while fighting rival Oracle Corp.
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PeopleSoft Inc. officials said thier board of directors has ousted Craig Conway from the chief executive officer&#39;s job. Conway has been one of the company&#39;s strongest opponents of a proposed $7.
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SAN FRANCISCO (CBS.MW) -- When PeopleSoft Inc. fired Chief Executive Craig Conway on Friday, the business-software maker didn&#39;t have to look long or far to find a suitable replacement.
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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'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.
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Last week's firing of Craig Conway as PeopleSoft's CEO, followed by testimony from a PeopleSoft director this week that he would be open to discussions with Oracle if the price was right, appears to have changed the dynamics between the two companies.
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WILMINGTON, Delaware A director of PeopleSoft said that Craig Conway, the company&#39;s chief executive, was fired on Friday in part because he made false statements at an analysts&#39; conference in September 2003.
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Craig Conway discusses his latest board appointment and his nemesis Oracle.
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Craig Conway, the former chief executive of PeopleSoft Inc., will get at least &#36;3.2 million in severance, the company disclosed.
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Fresh off his abrupt firing as PeopleSoft Inc.'s chief executive, an uncharacteristically subdued Craig Conway went to court yesterday to defend his caustic attacks against Oracle Corp.'s $7.7 billion takeover bid.
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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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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 Corp. (PSFT.O: Quote, Profile, Research) fired its chief executive Craig Conway on Friday just hours before US antitrust
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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.