Aneel Bhusri

{{Short description|Indian-American business executive}}

{{Infobox person

| name = Aneel Bhusri

| image = Aneel Bhusri (8518025145) (cropped).jpg

| caption = Bhusri in 2013

| birth_date = {{birth date and age|1966|2|14|df=y}}

| birth_place = Pittsford, New York

| website =

| education = {{unbulleted list|Brown University (B.Sc.)|Stanford University (M.B.A.)}}

| occupation = Chief Executive Officer

| years_active =

| employer = Workday
Greylock

| known_for = Co Founder and CEO of Workday Inc.

| spouse = Allison Thoreson{{Cite web|last=Evangelista|first=Benny|date=2015-02-23|title=Visionary of the Year nominee Aneel Bhusri, Workday CEO|url=https://www.sfgate.com/visionsf/article/Visionary-of-the-Year-nominee-Aneel-Bhuri-6095423.php|access-date=2020-06-25|website=SFGate}}{{Cite web|last=Çam|first=Deniz|title=Fourteen More Philanthropists Join The Gates-Buffett Giving Pledge|url=https://www.forbes.com/sites/denizcam/2018/05/30/fourteen-more-philanthropists-join-the-gates-buffett-giving-pledge/|access-date=2020-06-25|website=Forbes|language=en}}

| children = 2 {{cite web | url=https://www.bloomberg.com/profile/person/1555121 | title=Aneel Bhusri, Workday Inc: Profile and Biography | website=Bloomberg News }}

}}

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;{{Cite web|last=Mac|first=Ryan|title=Tech Exec Aneel Bhusri Becomes A Billionaire As Workday Shares Soar|url=https://www.forbes.com/sites/ryanmac/2014/01/06/tech-exec-aneel-bhusri-becomes-a-billionaire-as-workday-shares-soar/|access-date=2021-12-16|website=Forbes|language=en}} as of 2021 he has a net worth of $3.1 billion.{{Cite web|title=Aneel Bhusri|url=https://www.forbes.com/profile/aneel-bhusri/|access-date=2021-12-16|website=Forbes|language=en}}

Early life

Aneel Bhusri was born in an Indian-American family of Punjabi descent, in Pittsford, New York on February 14, 1966.{{Cite web|last=staff|first=CNBC com|date=2014-10-06|title=Aneel Bhusri|url=https://www.cnbc.com/2014/10/06/aneel-bhusri.html|access-date=2021-12-16|website=www.cnbc.com}} 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.Dan Worth, "V3 Hot Seat: Workday CEO, Aneel Bhusri" [http://www.v3.co.uk/v3-uk/interview/2319380/v3-hot-seat-workday-ceo-aneel-bhusri V3.co.uk] December 31, 2013

Career

In 1993, Bhusri became the director of planning at PeopleSoft,Angela Mehta, "Venture Profile: Aneel Bhusri, Greylock" [http://www.sterlinghoffman.com/newsletter/articles/article80.html SterlingHoffman] retrieved October 20, 2014 then primarily a human resources software company. Later, working for David Duffield, with whom he went on to co-found Workday,George Anders, "Snubbed By Oracle, Workday's Duffield And Bhusri Hit Jackpot" [https://www.forbes.com/sites/georgeanders/2013/09/16/snubbed-by-oracle-workdays-duffield-and-bhusri-hit-jackpot/ Forbes] September 16, 2013 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."Aneel Bhusri--Partner, [http://www.greylock.com/teams/2-Aneel-Bhusri Greylock Partners] {{Webarchive|url=https://web.archive.org/web/20141024211452/http://www.greylock.com/teams/2-Aneel-Bhusri |date=2014-10-24 }}, retrieved October 20, 2014 In the meantime, PeopleSoft had developed ERP, CRM, and other offerings, in addition to Human Resource Management.

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.{{cite news |agency = Greylock Partners | url=http://www.greylock.com/about| title=Greylock Partners| accessdate=5 February 2016}}

=Workday=

{{Main|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.{{cite news|title=Oracle to PeopleSoft: The pink slip's in the mail |work=cnet |date=14 January 2005 |url=http://news.cnet.com/Oracle-to-PeopleSoft-The-pink-slips-in-the-mail/2100-1014_3-5536612.html |accessdate=3 August 2012}}

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.{{cite news|last=Bing|first=Jeb|title=Duffield Is Back:PeopleSoft Founder Moves New Company to Pleasanton|url=http://www.pleasantonweekly.com/news/show_story.php?id=1025|newspaper=Pleasanton Weekly|date=5 December 2008}}{{cite news|last=Temple|first=James|title=Workday Inc. Is Moving to Pleasanton|url=http://www.sfgate.com/business/article/Workday-Inc-is-moving-to-Pleasanton-3182100.php|newspaper=San Francisco Chronicle|date=4 December 2008}}[http://www.businessweek.com/print/magazine/content/06_46/b4009095.htm]{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}

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.{{Cite web|url=https://www.indiawest.com/news/global_indian/workday-indian-american-ceo-aneel-bhusri-donates-1-million-to-san-francisco-fund-providing-coronavirus/article_80a9d1f8-7e8c-11ea-8c71-4b1e6d9fc925.html|title=Workday Indian American CEO Aneel Bhusri Donates $1 Million to San Francisco Fund Providing Coronavirus Relief|last=Reporter|first=India-West Staff|website=India West|language=en|access-date=2020-04-27}}

In 2020, he was ranked No. 359 on the Forbes 400 list of the richest people in America.{{Cite web|title=Aneel Bhusri|url=https://www.forbes.com/profile/aneel-bhusri/|access-date=2020-10-15|website=Forbes|language=en}}

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. {{Cite web |title=Workday co-CEO Bhusri sets stage for successor and sole CEO {{!}} TechTarget |url=https://www.techtarget.com/searchhrsoftware/news/252528628/Workday-co-CEO-Bhusri-sets-stage-for-successor-and-sole-CEO |access-date=2023-10-25 |website=HR Software |language=en}}{{Cite web |last=Esherwood |first=Paul |date=2023-03-23 |title=New Dawn, new Workday: Carl Eschenbach to lead next chapter |url=https://erp.today/new-dawn-new-workday-carl-eschenbach-to-lead-next-chapter/ |access-date=2023-10-25 |website=ERP Today |language=en-GB}}

Media appearances

Bhusri was interviewed by Reid Hoffman on the [https://mastersofscale.com/#/aneel-bhusri-the-elusive-formula-for-great-hiring Masters of Scale] podcast, where he talked about interviewing his first 500 employees at Workday to shape its award-winning company culture.{{Cite web|url=https://mastersofscale.com/|title=Masters of Scale — hosted by Reid Hoffman|website=WaitWhat|language=en-US|access-date=2019-02-13}}

Awards

  • 2013 EY Entrepreneur of the Year Award Recipient "Ernst & Young Announces Entrepreneur Of The Year ® 2013 Award Winners in Northern California." - EY. Ernst & Young, 24 June 2013. Web. 10 Apr. 2015. {{webarchive |url=https://web.archive.org/web/20150413205827/https://webforms.ey.com/US/en/Newsroom/News-releases/2013-24-June-EY-announces-Entrepreneur-Of-The-Year-2013-Award-winners-in-Northern-California |date=April 13, 2015 }}.
  • 2020 Great Place to Work CEO For All Leadership Award{{Cite web|url=https://finance.yahoo.com/news/announcing-great-place-ceo-leadership-120000040.html|title=Announcing the Great Place to Work CEO For All Leadership Awards|website=finance.yahoo.com|language=en-US|access-date=2020-03-04}}

References

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