Conway's career hangs by a thread
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Tory MP faces political ruin and the threat of a police inquiry after paying his sons Â£77,000
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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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Craig Conway was fired from PeopleSoft (nasdaq: PSFT - news - people ) today, the same day the company announced that its third-quarter license revenue will be much better than expected.
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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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Business software maker PeopleSoft said it was dumping president and chief executive Craig Conway, who has led the fight against a hostile takeover effort from rival Oracle.
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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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Investor's Business Daily - PeopleSoft Chief Executive Craig Conway rallied 13,000 company faithful during his keynote speech Tuesday at the company's annual users' conference in San Francisco.
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For the past 18 months, Oracle has been locked in a battle to acquire rival PeopleSoft involving courtroom drama, poison pills, personal enmity and, recently, the departure of PeopleSoft&#39;s CEO Craig Conway.
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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 "a loss of confidence" in his ability to lead the software company.
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PeopleSoft&#39;s board ousted Craig Conway as chief executive last week after learning why he misled Wall Street analysts about the impact on his company&#39;s business of Oracle&#39;s hostile takeover bid.
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BusinessWeek Online - For more than a year, PeopleSoft Inc.  CEO Craig Conway has battled to prevent Oracle Corp.'s  Larry Ellison from grabbing his company in a hostile takeover. Now, Conway's spirited quest has absorbed a potentially fatal blow: On Sept. 9, U.S. District Court Judge Vaughn R. Walker ruled that the Justice Dept. had no grounds to block the acquisition. While the European Community could still stop it, the legal case for halting this shotgun wedding is looking weaker by the day.
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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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From a changed attitude at PeopleSoft Inc. to the company's acquisition of J.D. Edwards & Co. last year, Craig Conway clearly made a difference during his five years as CEO.
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What a shame that Larry Ellison and Craig Conway never got the chance to reunite for that highly anticipated exit interview. It would have been a blockbuster on pay-per-view.
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SAN FRANCISCO - With 15,000 attendees at PeopleSoft Inc.'s Connect user show waiting to hear how the company would address Oracle Corp.'s lingering hostile takeover bid, PeopleSoft Chief Executive Officer Craig Conway tackled the issue early in his opening keynote on Tuesday.
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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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In a statement, PeopleSoft's board of directors cited "a loss of confidence in Mr. Conway's ability to continue to lead the Company."