PeopleSoft sees the departure of another exec
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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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OCTOBER 18, 2004  - Just two weeks after PeopleSoft Inc. ousted former CEO Craig Conway, the business applications vendor said that another top executive -- Ram Gupta, who had been executive
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Following the departure of PeopleSoft Inc. chief executive officer Craig Conway, the software company may be looking with fresh interest at longtime suitor 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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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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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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The news comes on the same day that business software maker PeopleSoft Inc. fired CEO Craig Conway, the feisty leader who engineered the company's dogged resistance to a $7.7 billion takeover bid by rival Oracle.
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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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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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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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Just two weeks after staging a defiant user conference in San Francisco , Craig Conway was ousted as CEO of PeopleSoft. Industry observers are divided on the cause: some say it was performance-related, while
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As the former CEO of PeopleSoft prepares for a court appearance, more details of his ouster are revealed. Less than a week after he was booted from the top spot at PeopleSoft, Craig Conway is expected to face
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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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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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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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Time to toss your PeopleSoft (nasdaq: PSFT - news - people ) contact list. Four executives at the software company have been replaced by counterparts from Oracle (nasdaq: ORCL - news - people ), which is wrapping
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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.