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Industry News Desk
AMD Names Ex-PeopleSoft CEO to Its Board
Conway has a talent for rebuilding companies

By: Maureen O'Gara
Oct. 2, 2009 08:30 PM

Virtualization Magazine on Ulitzer

Craig Conway, the guy who got bounced out of PeopleSoft in the middle of its prolonged and eventually hopeless fight to stop Oracle from taking it over, has been named to AMD's board. Conway has a talent for rebuilding companies but as president and CEO of PeopleSoft, the PeopleSoft board decided the former Ellison lieutenant's rosy statements about the impact Oracle's hostile takeover bid was wreaking on the company misled investors and without sugarcoating its "loss of confidence" ignominiously tossed him out on his ear. In a later videotaped deposition Conway admitted he lied. What he said wasn't that material but the board had already grown disaffected with his other actions. His ouster and the failure of the Justice Department's case against Oracle led to PeopleSoft's acquisition. That was in 2004; Conway's rep is still in rehab.

Published Oct. 2, 2009— Reads 1,185
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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