Cornerstone OnDemand, Inc. (“Cornerstone”) (NASDAQ: CSOD), a global leader in people development solutions, today announced that it will host its 2020 annual meeting of stockholders (the “Annual Meeting”) on June 25, 2020, at 1 p.m. Pacific Time in a virtual-only meeting format. Due to the ongoing public health impact of the COVID-19 pandemic, and to support the health and well-being of employees, directors and stockholders, Cornerstone no longer intends to hold its Annual Meeting in person. Stockholders of record as of the close of business on April 27, 2020, the record date for the Annual Meeting, can attend the Annual Meeting via the internet at www.virtualshareholdermeeting.com/CSOD2020 . Stockholders that would like to participate in the Annual Meeting can do so by using the 16-digit control number included on the proxy card, the voting instruction form or notice previously distributed. Stockholders that hold their shares through a bank, securities broker, dealer or other nominee...

Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in people development solutions, today announced that after 20 years as founder and Chief Executive Officer of Cornerstone, Adam Miller will become co-chair of the Cornerstone Board of Directors. The board has appointed Phil Saunders, the former CEO of Saba Software, to serve as Cornerstone’s new CEO effective June 15, 2020. “I founded Cornerstone with a mission to help educate the world, and we have never wavered from that goal,” said Adam Miller. “Cornerstone has brought learning to millions of people around the globe and has become one of the world’s largest cloud computing companies in the process. I am proud of all that we have accomplished, and after two decades, I am excited to commit more fully to my passion for social entrepreneurship and public service. I'm confident that Phil is the right leader to continue building on our mission and to help our clients prepare for the new world of work. As co-chair with Elisa...

Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in people development solutions, today announced the closing of its acquisition of Saba Software, a global leader in talent experience solutions and a portfolio company of Vector Capital. In light of current market conditions, the total transaction value has been reduced from $1.395 billion at the time of announcement to approximately $1.295 billion at closing. Cornerstone will share detailed financial and operational updates during an expanded first quarter earnings call on May 11, 2020. About Cornerstone Cornerstone is the world’s premier people development company. We believe people can achieve anything when they have the right development and growth opportunities. We offer organizations the technology, content, expertise and specialized focus to help them realize the potential of their people. Featuring comprehensive recruiting, personalized learning, modern training content, development-driven performance management and...

Cornerstone OnDemand (NASDAQ:CSOD), a global leader in people development solutions, announced today that the company’s financial results for the first quarter of 2020 will be released after the market close on Monday, May 11, 2020. Cornerstone will host a conference call to discuss the results at 2 p.m. PT (5 p.m. ET) on the same day. Dial-in information for the call and a live webcast will be available on the events page of Cornerstone’s investor relations website. An audio replay will be available for three days following the conclusion of the call (between 8 p.m. PT on May 11 and 11:59 p.m. PT on May 14). The replay will also be available as a webcast on Cornerstone’s investor relations website. About Cornerstone Cornerstone is a leading global people development company. We believe people can achieve anything when they have the right development and growth opportunities. We offer organizations the technology, content, expertise and specialized focus to help them realize their...

Strategic combination will enhance Cornerstone’s reach and accelerate innovation around how people learn and grow at work Cornerstone OnDemand, Inc. (NASDAQ:CSOD), a global leader in people development solutions, today announced it has entered into a definitive agreement to acquire Saba, a global leader in talent experience solutions and a portfolio company of Vector Capital. Saba has over 20 years of industry experience developing, delivering and supporting learning, performance and recruiting product solutions. The cash and stock transaction is valued at approximately $1.395 billion and has been unanimously approved by the boards of directors of both companies. With the addition of Saba, Cornerstone will have an expanded reach and ability to help a larger, diverse group of clients realize the potential of their people with the right learning and development opportunities. The combined company will have more than 75 million users and serve approximately 7,000 organizations, of all...