Cornerstone OnDemand Adds Etsy CFO Kristina Salen
to its Board of Directors
SANTA MONICA, Calif., July 9, 2014 – Cornerstone OnDemand Inc. (NASDAQ: CSOD), a global leader in cloud-based talent management software solutions, today announced that Kristina Salen, chief financial officer of online marketplace Etsy, has been elected to Cornerstone OnDemand’s board of directors effective as of July 8, 2014.
Salen has served as chief financial officer of Etsy, an online marketplace, since January 2013. From January 2006 to January 2013, Salen served in several roles at Fidelity Investments, one of the largest mutual fund and financial services groups in the world, including as global sector leader of media, internet and telecommunications. Salen holds a B.A. in Political Science from Vassar College and an M.B.A. from Columbia University.
“Having first led investments in many of today’s foremost technology companies, and now as a leader in one of the fastest growing consumer Internet companies, Kristina is a strong financial and operating executive with a solid understanding of today’s technology landscape,” said Adam Miller, president and CEO of Cornerstone OnDemand. “I am very pleased to welcome Kristina to our board of directors and am excited to work with her to continue Cornerstone’s innovation and growth.”
“Cornerstone has continually strengthened its position not only as a leader in the talent management market, but also in the broader technology space. I look forward to supporting the company’s success in driving innovation and empowering the new world of work,” commented Salen.
In connection with Salen’s election, Byron Deeter, partner at Bessemer Venture Partners, resigned from Cornerstone OnDemand’s board of directors, effective as of July 8, 2014. Miller commented, “Byron has been a fantastic advisor, partner and friend in helping us build a world-class technology company. We want to thank Byron for his invaluable insights and wish him continued success as an incredibly accomplished venture investor.”
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.