Aneel Bhusri
| Aneel Bhusri | |
|---|---|
| Born | 14 February 1966 |
| Employer |
Workday Greylock |
| Net worth | US$1.2 billion |
Aneel Bhusri (born February 14, 1966) is an enterprise software executive and investor. He is the co-founder and CEO of Workday, Inc., a partner at Greylock Partners, and a member of the board of directors of Intel .
Life
Aneel Bhusri was born in Pittsford, New York in 1966. He was educated at Brown University, receiving Bachelor of Science degree in electrical engineering and a Bachelor of Arts degree in economics. His first job, following college, was as a corporate finance analyst at Morgan Stanley.[1]
Early career
In 1993, Bhusri became director of planning at PeopleSoft,[2] then primarily a human resources software company. Later, working for David Duffield, with whom he went on to co-found Workday,[3] he became responsible for product strategy and marketing. In 1999, he became Vice Chairman of the company, serving in that role until the takeover by Oracle in 2004.[4] In the meantime, PeopleSoft had developed ERP, CRM, and other offerings, in addition to Human Resource Management.[2]
Also from 1999, Bhusri has been a partner at Greylock, a software investment fund which has backed companies including Facebook, Groupon, Dropbox, Tumblr and Airbnb. At Greylock he has been an investor in cloud technologies, with an emphasis on applications, data center infrastructure and middleware, and serves on the boards of a number of companies in which Greylock has invested, including Cloudera and Pure Storage.[5]
Workday
In 2003, Oracle made a $13 billion bid in a hostile corporate takeover attempt of PeopleSoft. This and later offers were rejected by PeopleSoft's board of directors. Despite a U.S. Department of Justice suit to block the takeover, on the grounds of anti-trust infringement, in December 2004, Oracle announced that it had signed a definitive agreement to acquire PeopleSoft for approximately $10.3 billion.[6] In 2005, Workday was co-founded by David Duffield and Bhusri with funding from Greylock Partners. Workday sells software and services using the SaaS model.[7][8][9]
Reportedly a billionaire through his share-holding in the company,[10] Bhusri serves as chief executive officer at Workday. He is also a member of the company's board of directors, and served as chairman of the board from 2012 until May 2014.
Awards
2013 EY Entrepreneur of the Year Award Recipient [11]
References
- ↑ Dan Worth, "V3 Hot Seat: Workday CEO, Aneel Bhusri" V3.co.uk December 31, 2013
- 1 2 Angela Mehta, "Venture Profile: Aneel Bhusri, Greylock" SterlingHoffman retrieved October 20, 2014
- ↑ George Anders, "Snubbed By Oracle, Workday's Duffield And Bhusri Hit Jackpot" Forbes September 16, 2013
- ↑ "Aneel Bhusri--Partner, Greylock Partners, retrieved October 20, 2014
- ↑ "Greylock Partners". Greylock Partners. Retrieved 5 February 2016.
- ↑ "Oracle to PeopleSoft: The pink slip's in the mail". cnet. 14 January 2005. Retrieved 3 August 2012.
- ↑ Bing, Jeb (5 December 2008). "Duffield Is Back:PeopleSoft Founder Moves New Company to Pleasanton". Pleasanton Weekly.
- ↑ Temple, James (4 December 2008). "Workday Inc. Is Moving to Pleasanton". San Francisco Chronicle.
- ↑ http://www.businessweek.com/print/magazine/content/06_46/b4009095.htm
- ↑ Ryan Mac, "Tech Exec Aneel Bhusri Becomes A Billionaire As Workday Shares Soar" Forbes January 6, 2014
- ↑ "Ernst & Young Announces Entrepreneur Of The Year ® 2013 Award Winners in Northern California." - EY. Ernst & Young, 24 June 2013. Web. 10 Apr. 2015. <https://webforms.ey.com/US/en/Newsroom/News-releases/2013-24-June-EY-announces-Entrepreneur-Of-The-Year-2013-Award-winners-in-Northern-California> Archived April 13, 2015, at the Wayback Machine..