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July 28, 1987 | Associated Press
Former labor leader Raymond Lane was among 11 people held Monday in connection with an alleged plot to smuggle more than a ton of Colombian cocaine into the United States, using a pilot who turned out to be an undercover federal agent, authorities said. Lane, 59, described by U.S. Atty. Joseph Russoniello as "one of the main financial backers of the enterprise," was arraigned before a U.S. magistrate on charges of conspiracy to import cocaine.
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BUSINESS
April 4, 2013 | By Andrea Chang, Los Angeles Times
Three members of Hewlett-Packard Co.'s troubled board of directors, including its chairman, will quit their posts after barely being reelected two weeks ago. The shake-up follows widespread criticism that HP botched an $11-billion acquisition of British software company Autonomy. The three directors were seen as those most directly involved in that deal and several of the board's other unpopular moves in recent years. Raymond Lane has given up his post as chairman but will remain a director, the Palo Alto company announced Thursday.
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BUSINESS
April 4, 2013 | By Andrea Chang, Los Angeles Times
Three members of Hewlett-Packard Co.'s troubled board of directors, including its chairman, will quit their posts after barely being reelected two weeks ago. The shake-up follows widespread criticism that HP botched an $11-billion acquisition of British software company Autonomy. The three directors were seen as those most directly involved in that deal and several of the board's other unpopular moves in recent years. Raymond Lane has given up his post as chairman but will remain a director, the Palo Alto company announced Thursday.
NEWS
July 28, 1987 | Associated Press
Former labor leader Raymond Lane was among 11 people held Monday in connection with an alleged plot to smuggle more than a ton of Colombian cocaine into the United States, using a pilot who turned out to be an undercover federal agent, authorities said. Lane, 59, described by U.S. Atty. Joseph Russoniello as "one of the main financial backers of the enterprise," was arraigned before a U.S. magistrate on charges of conspiracy to import cocaine.
NEWS
November 11, 1990
The City Council on Wednesday refused to give up its easement rights to a privately owned stretch of Pacific Alley between Fair Oaks Avenue and Raymond Lane, dousing the hopes of a property owner who wanted to sell the alley and adjacent property for development. In a 3-2 vote, the council decided to retain the narrow passageway as a connector between Fair Oaks Avenue and Raymond Lane.
BUSINESS
July 13, 1996 | Times Staff and Wire Reports
Oracle Corp. Executive Named President: The largest maker of database software selected Raymond Lane, 49, its president of worldwide operations, for the new position of president and chief operating officer. Lane will also head a new management committee that will oversee the companywide integration of key product and market decisions. During the four years Lane has headed worldwide operations, Redwood City, Calif.-based Oracle has become stable and has enjoyed robust sales and profits.
BUSINESS
November 17, 2000
* Raymond Lane, former president of Oracle Corp., said he joined the board of Asera Inc., a closely held maker of technology to help businesses get different business-software programs to work together. * Web-based encyclopedia Britannica.com said it will slash 75 jobs, or nearly 25% of its work force, mostly in its Chicago headquarters. * Computer Sciences Corp. said it acquired a 60% stake in Denmark's Scandinavian Healthcare Informatics for an undisclosed sum.
BUSINESS
June 29, 1999 | Times staff and wire services
Quest Software Inc., a Newport Beach developer of custom software products for business, said that Raymond J. Lane, president and chief operating officer of Oracle Corp., has joined its board of directors. Lane joined the five-member Quest board as a director and member of the compensation committee. He sits on Oracle's executive committee and oversees its management committee. Oracle, in Redwood City, develops and markets database software.
BUSINESS
October 4, 2001 | JOSEPH MENN, TIMES STAFF WRITER
SeeBeyond Technology Corp. of Monrovia named former Oracle Corp. President Raymond Lane, a SeeBeyond director for four years, as chairman of the board. SeeBeyond also announced that sales in the third quarter were about $41 million, short of expectations, and that it will report a loss for the period of 6 cents to 7 cents a share before restructuring and other costs. Shares of the maker of systems integration software for corporations rose 41 cents, to $2.
BUSINESS
August 12, 1999 | JONATHAN GAW, TIMES STAFF WRITER
Just days away from its expected initial public stock offering, Newport Beach-based Quest Software Inc. said Wednesday that one of its directors has resigned to avoid any conflict of interest. Raymond Lane, who also is the president and chief operating officer and a director of Oracle Corp., resigned from Quest's board after reviewing his own company's internal policies regarding outside directorships with firms in similar markets. Lane had joined Quest's board just six weeks ago.
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