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Aneel Bhusri

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Aneel Bhusri
Bhusri in 2013
Born (1966-02-14) 14 February 1966 (age 58)
Pittsford, New York
Education
OccupationChief Executive Officer
Employer(s)Workday
Greylock
Known forCo Founder and CEO of Workday Inc.
SpouseAllison Thoreson[1][2]
Children2 [3]

Aneel Bhusri (born February 14, 1966) is an American business executive. He is the chief executive officer (CEO) of Workday. He is also a partner at Greylock Partners and was a member of Intel's board of directors between 2014 and 2019. Bhusri has been a billionaire since 2014;[4] as of 2021 he has a net worth of $3.1 billion.[5]

Early life

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Aneel Bhusri was born in an Indian-American family, in Pittsford, New York on February 14, 1966.[6] He was educated at Brown University, receiving a Bachelor of Science degree in electrical engineering. He has an MBA from Stanford Graduate School of Business. His first job after college was as a corporate finance analyst at Morgan Stanley.[7]

Career

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In 1993, Bhusri became the director of planning at PeopleSoft,[8] then primarily a human resources software company. Later, working for David Duffield, with whom he went on to co-found Workday,[9] 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.[10] In the meantime, PeopleSoft had developed ERP, CRM, and other offerings, in addition to Human Resource Management.[8]

Also since 1999, Bhusri has been a partner at Greylock Partners, a venture capital firm 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.[11]

Workday

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Main article: Workday, Inc.

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.[12] 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.[13][14][15]

Bhusri is the chief executive officer (CEO) 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.

In April 2020, Bhusri donated $1 million to the Give2SF fund, a donation drive to help residents and businesses in San Francisco affected by the coronavirus pandemic.[16]

In 2020, he was ranked No. 359 on the Forbes 400 list of the richest people in America.[17]

In January 2024, Bhusri will step down as CEO at Workday and Carl Eschenbach will take over as CEO. Currently, Bhusri and Eschenbach are working together as co-CEOs. In 2024, Bhusri will serve as full-time executive chair and chair of the board of directors. [18][19]

Media appearances

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Bhusri was interviewed by Reid Hoffman on the Masters of Scale podcast, where he talked about interviewing his first 500 employees at Workday to shape its award-winning company culture.[20]

Awards

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  • 2013 EY Entrepreneur of the Year Award Recipient [21]
  • 2020 Great Place to Work CEO For All Leadership Award[22]

References

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  1. ^ Evangelista, Benny (2015-02-23). "Visionary of the Year nominee Aneel Bhusri, Workday CEO". SFGate. Retrieved 2020-06-25.
  2. ^ Çam, Deniz. "Fourteen More Philanthropists Join The Gates-Buffett Giving Pledge". Forbes. Retrieved 2020-06-25.
  3. ^ "Aneel Bhusri, Workday Inc: Profile and Biography". Bloomberg News.
  4. ^ Mac, Ryan. "Tech Exec Aneel Bhusri Becomes A Billionaire As Workday Shares Soar". Forbes. Retrieved 2021-12-16.
  5. ^ "Aneel Bhusri". Forbes. Retrieved 2021-12-16.
  6. ^ staff, CNBC com (2014-10-06). "Aneel Bhusri". www.cnbc.com. Retrieved 2021-12-16.
  7. ^ Dan Worth, "V3 Hot Seat: Workday CEO, Aneel Bhusri" V3.co.uk December 31, 2013
  8. ^ a b Angela Mehta, "Venture Profile: Aneel Bhusri, Greylock" SterlingHoffman retrieved October 20, 2014
  9. ^ George Anders, "Snubbed By Oracle, Workday's Duffield And Bhusri Hit Jackpot" Forbes September 16, 2013
  10. ^ "Aneel Bhusri--Partner, Greylock Partners Archived 2014-10-24 at the Wayback Machine, retrieved October 20, 2014
  11. ^ "Greylock Partners". Greylock Partners. Retrieved 5 February 2016.
  12. ^ "Oracle to PeopleSoft: The pink slip's in the mail". cnet. 14 January 2005. Retrieved 3 August 2012.
  13. ^ Bing, Jeb (5 December 2008). "Duffield Is Back:PeopleSoft Founder Moves New Company to Pleasanton". Pleasanton Weekly.
  14. ^ Temple, James (4 December 2008). "Workday Inc. Is Moving to Pleasanton". San Francisco Chronicle.
  15. ^ [1][dead link‍]
  16. ^ Reporter, India-West Staff. "Workday Indian American CEO Aneel Bhusri Donates $1 Million to San Francisco Fund Providing Coronavirus Relief". India West. Retrieved 2020-04-27.
  17. ^ "Aneel Bhusri". Forbes. Retrieved 2020-10-15.
  18. ^ "Workday co-CEO Bhusri sets stage for successor and sole CEO | TechTarget". HR Software. Retrieved 2023-10-25.
  19. ^ Esherwood, Paul (2023-03-23). "New Dawn, new Workday: Carl Eschenbach to lead next chapter". ERP Today. Retrieved 2023-10-25.
  20. ^ "Masters of Scale — hosted by Reid Hoffman". WaitWhat. Retrieved 2019-02-13.
  21. ^ "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.
  22. ^ "Announcing the Great Place to Work CEO For All Leadership Awards". finance.yahoo.com. Retrieved 2020-03-04.
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