An interesting day today for Oracle.
According to Reuters, "Software maker Oracle Corp. on Wednesday said Chief Marketing Officer Mark Jarvis and George Roberts, the company's former head of North American sales, had resigned.
Marketing will now report to Executive Vice President Charles Phillips, a former star software analyst at Morgan Stanley who joined Oracle in May.
Roberts also resigned in a move that has been widely expected since September, when Keith Block was named executive vice president in charge of North American consulting and sales.
Oracle also said that U.S. Army Lt. Gen. Joseph Kellogg has joined the company as a senior vice president in charge of Oracle's homeland security systems office. He will report to Senior Vice President Kevin Fitzgerald, who oversees sales to government, education and health care."
The San Mateo Times reports ""Oracle's had an in-your-face marketing message," said Walter Price, who manages $500 million for Dresdner RCM Global Investors. He said he sold his Oracle shares since the PeopleSoft bid. "Now the environment is a lot more considered purchasing. People don't want you to be overstating your capabilities."
On the same day, Peoplesoft seem to have wrapped up the J.D. Edwards deal. According to the BBC "US software firm PeopleSoft has completed a long-planned takeover of smaller rival JD Edwards. The company said it had bought up 88% of JD Edward's shares, and planned to acquire the rest by the end of August."
The news about Mark Jarvis is very significant although it doesn't seem to have been picked up on by many of the tech sites. Jarvis was a significant player at Oracle and was often referred to as Larry Ellison's No.2, particularly following the departures of Ray Lane and Mark Bloom, and it'll be interesting to see how Charles Phillips plays things, especially as he's been so central to the Peoplesoft bid.
12:23:43 AM
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