Siebel's announcement that it replaced CEO Mike Lawrie with George Shaheen has been met with considerable criticism from customers, investors, and experts. While Gartner says bringing on Shaheen is a good move, AMR Research shows a strong view to the contrary, saying that the abrupt firing will have a negative effect on the software maker's development plans.
Meanwhile, InformationWeek blogger, Tony Kontzer, tries to soften the blow of what it means to a cover story he did about Lawrie just a few weeks ago. As for George Shaheen, who had a great run at Andersen Consulting (now Accenture), his resume does have a blaring tarnish on it; the Webvan (an Internet grocery startup) flop. This political blog trumpets that point:
I’m sorry. Am I missing something here? First, raise almost a half $billion from investors, and then go out of business. And this resume qualifies him for what?
Look for Siebel to empty its deep pockets for an acquisition sometime soon.