By Sonya Rabbitte, 15 August 2001 15:21
NEWS Commerce One has ousted its chief strategy officer after reporting a $2bn loss in the last quarter. Chuck Donchess will be replaced by Alexis de Raadt-St. James, a former academic at the Massachusetts Institute of Technology. The new CSO will be responsible for guiding the company's long-term market and product strategy and will report directly to CEO Mark Hoffman. Until this announcement Commerce One had avoided major management reshuffles unlike competitor Ariba, which recently re-instated CEO Keith Krach just six months after giving him his marching orders.
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