Joe Davis, the head of PeopleSoft's CRM division, has left the company to become chief executive officer Coremetrics, a developer of online analytics products.
Davis served for more than two years as general manager of the division, overseeing a core component of the software maker's suite of back-end business applications.
Others in PeopleSoft's CRM group will handle the transition while PeopleSoft interviews candidates for the position, company spokesman Steve Swasey said. He declined to comment on whether the leading candidates are internal or external.
Davis said he thinks highly of PeopleSoft and left amicably.
"I had a lot of fun there. My issues were just that I wanted to go run my own business."
Five-year-old Coremetrics sells a hosted reporting and analytics system that captures customer and visitor information on websites. The service is intended to aid companies with marketing and optimising site features.
Stacy Cowley writes for IDG News Service