Oracle fired PeopleSoft's co-presidents and replaced them with its own co-presidents after Oracle gained a controlling stake in its rival enterprise software company.
Business Book Summaries 2006 September::
Do we have armed and disturbed employees killing their co-workers? like floods, earthquakes, hurricanes, and fires put an unprepared form nearly or
http://www.bizsum.com/blog/?m=200609&paged=4HOME |
PeopleSoft Co-President Phillip Wilmington and Co-President and Chief
Financial Officer Kevin Parker were replaced last week, according to a filing with the Securities and Exchange Commission.
Oracle named Safra Catz and Charles Phillips as co-presidents while Harry You will serve as CFO. Catz and Phillips had been Oracle co-presidents since last January while You became Oracle CFO in July.
Keyword: peoplesoft::
Oracle, PeopleSoft to Merge in $10.3B Deal PeopleSoft fires CEO Craig Conway Parker and Phil Wilmington, the companys top sales executive, as co-presidents.
http://www.freerepublic.com/tag/peoplesoft/indexHOME |
PeopleSoft Fires CEO For Loss of Confidence (washingtonpost.com)::
senior executives Kevin Parker and W. Phillip Wilmington as co-presidents Oracle has sued PeopleSoft in Delaware, claiming that its takeover defenses
http://www.washingtonpost.com/wp-dyn/articles/A64604-2004Oct1.htmlHOME |
The terminations, coming less than two weeks after PeopleSoft CEO David Duffield resigned, come as no surprise.
Many analysts expected changes to come swiftly once Oracle acquired a
controlling stake in PeopleSoft, whose board agreed
to Oracle's $10.3 billion acquisition bid December 13.
Oracle has until 8 p.m. New York time on Tuesday January 4 to gain a 90
percent stake in PeopleSoft. If it does not secure the required number of
shares, it will have to hold a special shareholder vote on the merger,
delaying the deal's close by about a month.
Microsoft to Europe: Dont Be Cruel (washingtonpost.com)::
PeopleSoft CEO Gets the Boot. Heres news that is going to make the day of Oracles Larry Ellison. as chief executive and also named co-presidents.
http://www.washingtonpost.com/wp-dyn/articles/A64766-2004Oct1.htmlHOME |
Oracle fires PeopleSoft executives - 04 Jan 2005::
Oracle has effectively taken control of its ERP rival PeopleSoft after 75 Oracle put its own co-presidents Charles Phillips and Safra Catz, plus CFO Harry
http://www.accountingweb.co.uk/cgi-bin/item.cgi?id=135242&d=448HOME |
A look back at some of the key highlights in the fight to merge the business
application giants may be viewed here.
 Oracle Expects to Finalize Merger this Week
 Oracle Takes Majority Control of PeopleSoft
|
