Feeds

PeopleSoft CEO abandons ship

Not interested in Ellison's cold embrace

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

PeopleSoft has lost another CEO with top dog David Duffield resigning before Oracle takes over the company.

PeopleSoft today announced Duffield's resignation in a filing with the US Securities and Exchange Commission. The exec actually handed in his own walking papers on Dec. 21. Duffield was the leader of a PeopleSoft board that most reluctantly agreed to be taken over by Oracle for $10bn.

Duffield took over the CEO post when Craig Conway was given the boot during some of the most heated times of the Oracle takeover attempt. Conway received a luxurious $18m exit package.

Duffield also held the title of Chairman at PeopleSoft and helped co-found the company back in 1987.

Oracle does not plan to have any of PeopleSoft's seven board members play a role at the new software giant. Oracle hopes to have its buyout done and dusted in January. ®

Related stories

2005: huge turbulence in IT market
Can the new Symantec make merging look easy?
Oracle finally has its prize
The PeopleSoft vs. Oracle clash
PeopleSoft says 'Yes' to $10bn Oracle offer
McNealy slaps Oracle over pricing
Oracle piles Files, App Server and Collab Suite on users
PeopleSoft customers learning to love Oracle

Beginner's guide to SSL certificates

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
DVLA website GOES TITSUP on day paper car tax discs retire
Welcome to GOV.UK - digital by de ... FAULT
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.