Oracle Fires Top PeopleSoft Executives

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The Oracle Corporation fired PeopleSoft’s co-president and chief financial officer, Kevin T. Parker, and three other top executives, a day after assuming control of the rival software maker in a $10.3 billion takeover.

Oracle terminated W. Phillip Wilmington, co-president; Nanci Caldwell, chief marketing officer; and James Shaughnessy, general counsel, effective yesterday, according to a regulatory filing. Oracle, which is based in Redwood City, Calif., named its co-presidents, Charles E. Phillips Jr. and Safra A. Catz, and its chief financial officer, Harry L. You, to the PeopleSoft posts.