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Newsmakers and Insiders
Saturday, April 13, 2002
Newsmakers and Insiders
CA Tells Sam No Changes
Sam Wyly's quixotic efforts to oust CA top managers met another roadblock when the company's board of directors rebutted and rejected his latest initiative. What's ironic in all this is that while Wyly's concerns are well placed- CA is constrained by poor relations with users - it's not like Wyly's interests are paragons of great customer relations. Sterling Software, which Wyly sold to CA, had its share of stormy customer get-togethers. And frankly, if Wyly had been that concerned about the matter, you have to wonder why Wyly decided to sell in the first place - it's not as though CA has suddenly developed problematic customer ties - the company has had the reputation as a tough dealer for decaades.
Sam Wyly's quixotic efforts to oust CA top managers met another roadblock when the company's board of directors rebutted and rejected his latest initiative. What's ironic in all this is that while Wyly's concerns are well placed- CA is constrained by poor relations with users - it's not like Wyly's interests are paragons of great customer relations. Sterling Software, which Wyly sold to CA, had its share of stormy customer get-togethers. And frankly, if Wyly had been that concerned about the matter, you have to wonder why Wyly decided to sell in the first place - it's not as though CA has suddenly developed problematic customer ties - the company has had the reputation as a tough dealer for decaades.
CA board to Sam Wyly: No management ouster. CA's board of directors has reaffirmed its support for its top executives and rejected a request from a venture capital fund led by critic Sam Wyly to take "decisive action." [Computerworld]