Conway's 'ethics' led to firing
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PeopleSoft's board ousted Craig Conway as CEO after he made a misleading statement about the company's ability to recruit customers while fending off Oracle's &#36;7.7 billion hostile takeover bid, a PeopleSoft board member testified in court Monday.
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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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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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The abrupt ouster of CEO Craig Conway comes after 15 months of battle against a hostile takeover bid by Oracle.
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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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CEO Craig Conway&#39;s over-enthusiastic statements about the effect Oracle Corp&#39;s hostile takeover bid was having on PeopleSoft Inc&#39;s business contributed in part to his downfall, it was suggested in court yesterday.
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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 Inc. PSFT.O on Friday  fired Chief Executive and President Craig Conway, citing a loss  of confidence, and the software company's shares jumped on  expectations that the move could pave the way for a deal with  hostile bidder Oracle Corp.
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Less than a month after a federal court ruled that Oracle could pursue its hostile takeover of PeopleSoft, and almost immediately after PeopleSoft on Friday fired Craig Conway, its chief executive, the skirmish between the two companies is shifting to a
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He was replaced by the company&#39;s founder and chairman, Dave Duffield, who served as chief executive from PeopleSoft&#39;s incorporation in 1987 through 1999, when he turned the reins over to Conway.
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Why did PeopleSoft, in the midst of a takeover fight with Oracle, fire its chief executive and president? Who knows? And that's a problem.
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DALLAS -- Information technology company Affiliated Computer Services Inc. said Monday its chief executive and chief financial officer resigned after an investigation into stock options practices found they violated the company's ethics code.
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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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New trial reveals that the former CEO's exaggerations about the Oracle takeover bid led to his firing.
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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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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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The former chief executive of PeopleSoft Corp., who was fired last week, said he lied to Wall Street analysts last year about the impact of Oracle Corp.'s hostile bid on the company's business.