Success of the Cornerstone OnDemand Enterprise Suite for Human Capital Management Drives Name Change and Expansion of Executive Team
Santa Monica, CA - May 19, 2005 - CyberU, Inc., a leading provider of on-demand software for talent management, today announced its corporate name change to Cornerstone OnDemand, Inc. In addition, the company has added several new appointments to its management team in the areas of sales, services, and marketing.
"The new name more accurately represents our leadership in the human capital management arena. The success of Cornerstone OnDemand has enabled us to accelerate our growth, and we wanted the company name to reflect our accomplishments in managing employee development and performance," said Adam Miller, President and CEO. "Because for each of our clients, the employees are the cornerstone of their business."
The company's expansion of its management team includes seasoned executives in the areas of sales, marketing, and service delivery. The company plans to accelerate its already rapid growth through an aggressive sales and marketing program led by the expanded team.
Cornerstone OnDemand has been recognized as a "market-wide outperformer" by Bersin & Associates for customer satisfaction and a "visionary" by Gartner in the human capital management space. The company's client base continues to grow with successful enterprise deployments in multiple vertical markets, including financial services, manufacturing, healthcare, automotive, business services, high technology, and non-profit.
Cornerstone was founded with a passion for empowering people through learning and a conviction that people should be your organisation’s greatest competitive advantage.
Cornerstone is a global human capital management leader with a core belief that companies thrive when they help their employees to realize their potential. Putting this belief into practice, Cornerstone offers solutions to help companies strategically manage and continuously develop their talent throughout the entire employee lifecycle.
Featuring comprehensive recruiting, personalised learning, development-driven performance management, and holistic HR planning, Cornerstone’s human capital management platform is successfully used by more than 3,500 global clients of all sizes, spanning more than 42 million users across 192 countries and 43 languages.
Learn more at cornerstoneondemand.co.uk.