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Wednesday, March 03, 2021
Wed, Mar 3rd, 2021
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Miller, Adam — Cornerstone OnDemand Inc
Chief Executive
Cornerstone OnDemand Inc.
THE LATEST: Miller, who founded Cornerstone OnDemand in 1999, is stepping down as the company's chief executive in June. He'll remain with Cornerstone as co-chairman of the board. Miller will be replaced as CEO by Phil Saunders, who joined Cornerstone as part of the company's $1.3 billion acquisition in April of Saba Software Inc. The Saba deal nearly doubles Cornerstone&s list of clients, which includes Hyatt and Walgreens, to almost 7,000. The company now reaches about 75 million users across 180 countries.
BACKGROUND: Miller has transformed the employee training company he founded in 1999 into a cloud computing people development enterprise. Previously, Miller was an investment banker and consultant. He holds a BA from the University of Pennsylvania, a BS from the Wharton School of Business, a JD from the UCLA School of Law, an MBA from UCLA's Anderson School of Business, and has both CPA and Series 7 certifications. He's also chairman of the Cornerstone OnDemand Foundation, which focuses on education, workforce development and disaster relief. Miller co-founded LA-Tech.org, a nonprofit focused on local tech sector solutions to bring economic opportunities for the city&s disadvantaged populations.
YEARS ON THE LA500: 5
Return to the 2020 edition of the LA500.