Friday, July 01, 2005

CRN | Breaking News | Oracle Beats Street Estimates

CRN | Breaking News | Oracle Beats Street Estimates: "Oracle has bolstered top management for this effort, recently hiring Microsoft veteran Greg Maffei as CFO and as yet another co-president. That move raised eyebrows. 'Having three co-presidents is idiotic [but] Greg brings a lot of competence and experience in a big, fast-growing software company. Given that Oracle must integrate PeopleSoft and ReTek quickly and switch a lot of internal processes to use the PeopleSoft development and support models, Larry needs someone who can look at things from a fresh point of view and tell the story to the street in a convincing way,' said one large integration partner.
Oracle also brought aboard Tod Nielsen, a former BEA and Microsoft executive, to help lead its middleware charge and Eileen McPartland, a former Siebel Systems and Accenture executive, to head North America consulting. "
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