Oracle Corp. is reshuffling the executives of its applications software division, replacing Ron Wohl who has led the applications division for more than a decade.
John Wookey, senior vice president for application development, is expected to take over as chief of the division later this month when Oracle plans to outline its integration plans for PeopleSoft, according to a report in the Wall Street Journal.
Oracle declined to comment on the report. It said a formal announcement of its executive changes would be made on Jan. 26, at Oracle's analyst day event in New York City.
Wookey, who joined Oracle in 1995, has played a role in steering improvements to Oracle's CRM suite, which has struggled to gain market share against SAP and Siebel Systems Inc. He helped oversee the combining of Oracle's CRM software into the E-Business Suite.
Wookey also has overseen Oracle's health care, life sciences and student systems development. He has worked with several Oracle applications development groups, including financial applications, Oracle projects, applications globalization and financial services.
Oracle analysts had been expecting changes to the software division until the acquisition of rival applications vendor PeopleSoft was finalized. Wohl is expected to remain at the company and be involved in the applications business when the merger is complete.
Wohl steered the applications division through the 1990s when it was reorganizing its E-Business Suite to gain market share from PeopleSoft and SAP. Oracle's head of its global support services, Michael Rocha, is also leaving the company after 15 years.
Oracle plans to release information on Jan. 18 when it will hold a webcast for customers, partners and the press on the merger and upcoming changes to its applications business.
The company said PeopleSoft stockholders have now tendered approximately 89.4% of PeopleSoft's outstanding stock. It extended the offering period for outstanding PeopleSoft stock until 8 p.m. EST on Thursday.