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Siebel Systems Timeline Monday, October 13
Next update is scheduled on November 5.  Sorry for inconvenience.
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Siebel to issue dividends  Siebel Systems will pay a quarterly dividend of 2.5 cents per share. But investor reaction was cool Report: Siebel fending off Oracle advance Shaheen replaced Lawrie as CEO
World News USA (203) Bay Area Peninsula (783) Central San Mateo County (143) San Mateo (109)     San Mateo Bridge Siebel
2006 (1) 2005 (6) 2004 (2) 2003 (16) 2002 (4) 2001 (4)
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Majority of job cuts at Oracle, not Siebel Oracle to Purchase Siebel in $5.85B Deal


year 2006 Top ^

Feb.10


year 2005 Top ^

Sep.12
  Oracle is continuing a shopping spree that has eliminated two of its biggest competitors in nine months
Jun.9
Apr.30
Apr.13
  Michael Lawrie has resigned by mutual agreement with the board. Director George T. Shaheen named to replace him
Apr.7 Stock drops on revised forecast  Shares for Siebel Systems dropped 10% after the warning that it expects quarter earnings to fall short estimates

year 2004 Top ^

May.3 Tom Siebel steps down as CEO
  Tom Siebel is turning the reins over to Michael Lawrie, IBM Corp.'s former head of sales
Feb.15 Roddick outlasts Fish in Siebel Open  San Jose: Roddick wins his first title of 2004 with a thrilling 7-6 (13), 6-4 victory

year 2003 Top ^

Oct.1 Siebel Links IBM for Hosted Service  Siebel Systems will team up with IBM for a relaunch of the CRM OnDemand, the Web version of Siebel's software Aug.26 Suit settled. New governance steps
  Siebel Systems had agreed to settle a shareholder lawsuit over executive compensation Aug.4 Board of directors expanded  Slumping business software maker named C. Scott Hartz, 57, to its board of directors Jul.22 490 workers cut
  The cuts affect 9% of work force. All but 140 of the latest layoffs have been made Jul.10 Judge allows punitive damages  A shareholder lawsuit alleged that insiders improperly looted stock options from the business software maker Jul.3 Earnings to be below Wall St. view  Siebel Systems' customers have delayed making purchasing decisions due to the uncertain economic climate Jun.11 Stock options proposal rejected  Shareholders of business software maker defeated a proposal urging management to expense stock options May.15 Web-only annual meetings abandoned  Siebel Systems abandoned plans to hold a Web-only shareholder meeting that would have limited investor questions May.9 Inquiry from SEC  A regulation is aimed at preventing companies from selectively doling out important financial information Apr.10 Option Suit to Go Forward  Calif. Court declined to dismiss a lawsuit alleging that software maker overstated its earnings by concealing stock options Apr.9 Inquiry Into Leaked Documents Apr.4 Earnings shortfall warning  Business software maker warned that its first-quarter earnings will fall below Wall Street's expectations Feb.16 Agassi won fifth Siebel Open title. San Jose Jan.22 Tom Siebel relinquishes $56M in options  Founder and chief executive of Siebel Systems has surrendered nearly 26 million stock options amid shareholder complaints

year 2002 Top ^

Jul.17 Siebel cutting 1,100 jobs; profits plunge
  Bad market for corporate technology spending caused a 61% decline in second-quarter profits
Mar.24 Siebel becomes major industry lobbyist
  Siebel Systems is making political action committee the largest in the industry and second largest corporate PAC in US
Jan.23 Earnings top expectations
  Business regained steam in the fourth quarter

year 2001 Top ^

Nov.1 Biggest flag in U.S.. Emeryville Oct.17 48% drop in profit  Company to miss earnings target for the first time since stock went public Apr.18 Siebel lays off 800  Business software maker beats earnings expectations, but is laying off 10% of work force

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