Peoplesoft ousts CEO

PeopleSoft Inc.'s board fired chief executive officer Craig Conway, citing "a loss of confidence in Mr. Conway's ability to continue to lead the company."

PeopleSoft founder and chairman Dave Duffield will take Conway's place.

The move came the same day that the Justice Department cleared the way for Oracle Corp. to proceed with its $7.7 billion hostile takeover of Pleasanton, Calif.-based PeopleSoft, a battle that began 15 months ago.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above.

WT Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.

Opinion