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Prosecutors Ticked over Sanjay

Prosecutors Ticked over Sanjay
By Maureen O'Gara
Article Rating:
May 7, 2004 12:00 AM EDT
Reads:
 14,132
IPO superstar Frank Quattrone's conviction on obstruction of justice charges Monday obviously doesn't bode well for the Computer Associates execs who haven't copped a plea yet, especially since CA's sins are more mortal than Quattrone's. Government prosecutors are reportedly so ticked that CA CEO Sanjay Kumar was merely demoted to chief software architect rather than thrown out on his ear that they're reportedly threatening to trash the CA board, a ploy they used last fall to get the company to start sacrificing senior executives like its CFO to the dual SEC-Justice Department probes. That move fetched the government a bunch of singing canaries.

By the way, speaking of CFOs, CA is supposedly close to naming one. It's had a bunch of contenders warming the bench since it finished a CFO search a few weeks ago and tapped ex-Compaq-HP executive Jeff Cooke to fill the post only to promote him to COO when Sanjay stepped down two weeks ago.

Published May 7, 2004 – Reads 14,132
Copyright © 2004 SYS-CON Media, Inc. — All Rights Reserved.
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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