PeopleSoft founder David Duffield, who returned as chief executive during the company's bruising takeover battle with Oracle, has quit the business software maker, according to...
SAN JOSE, Calif. — PeopleSoft founder David Duffield, who returned as chief executive during the company’s bruising takeover battle with Oracle, has quit the business software maker, according to a regulatory filing yesterday.
Duffield resigned as CEO, chairman and director on Dec. 21, according to the document filed with the Securities and Exchange Commission. He had been chief executive since October, when the company unexpectedly fired then-CEO Craig Conway.
This month, PeopleSoft’s board ended the 18-month saga by agreeing to Oracle’s sweetened terms. The $10.3 billion deal is expected to close next month.
It’s not clear whether an interim chief executive will be appointed to run the company until Oracle takes over. A PeopleSoft spokesman did not return telephone calls seeking comment yesterday.
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Oracle spokeswoman Deborah Lilienthal declined to comment.
After the agreement, it was not clear what would happen to PeopleSoft executives who publicly battled Oracle in courtrooms and in the media.
It’s also not clear how many of the combined company’s employees will lose their jobs after the merger.
Duffield has served as chairman of PeopleSoft since its incorporation in 1987. He was also its chief executive from August 1987 through September 1999 before returning to the position in 2004.