SAN FRANCISCO (AFX) -- Tom Siebel on Monday plans to step down as chief executive of Siebel Systems , according to the online edition of The Wall Street Journal. Siebel, company founder, is expected to become non-executive chairman. The top executive spot will be taken by J. Michael Lawrie, formerly group executive for worldwide sales and distribution at IBM . Siebel shares rose 33 cents to close at $10.62 in Nasdaq trading.
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