Global Leader in People Development Solutions

Cornerstone OnDemand (NASDAQ: CSOD) is a global leader in people development solutions. 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 people potential. Featuring comprehensive recruiting, personalized learning, modern content delivered in the flow of work, development-driven performance management and holistic workforce data management and insights, Cornerstone’s people development solutions are used by more than 3,600 global clients of all sizes, spanning more than 75 million users across 180+ countries and 50+ languages.

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Watch the Financial Analyst Day

June 4, 2019
Marriott Marquis, San Diego, CA

Latest Investor News

August 10, 2020 Cornerstone OnDemand Announces Second Quarter 2020 Financial Results
People development solution provider Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced results 1 for its second quarter ended June 30, 2020. The Company has provided supplemental financial information located on its Investor Relations website. On April 22, 2020, the Company acquired Saba Software, Inc. ("Saba"); the below discussion includes Saba's results for the post-acquisition period. Second Quarter 2020 Results: Revenue for the second quarter of 2020 was $184.4 million. This represents a 30.0% increase compared to the same period of the prior year. Without giving effect to the acquisition of Saba, revenue would have increased 9.2% (approximately one percentage point higher on a constant currency basis). Subscription revenue for the second quarter of 2020 was $177.2 million. This represents a 33.7% increase compared to the same period of the prior year. Without giving effect to the acquisition of Saba, subscription revenue would have increased 13.4% (approximately one...
August 10, 2020 Cornerstone Appoints New Executives to Drive Operational Excellence and Elevate the Customer Experience
Theresa Damato and Karen Williams lead new efforts within Cornerstone focused on innovating, driving profitable growth and cultivating customer intimacy Cornerstone OnDemand (NASDAQ: CSOD), a global leader in people development solutions, today announced it has welcomed two new executives to drive strategic alignment across the organization and advance the company’s customer-centric approach. Theresa Damato has been named Chief of Staff, and Karen Williams is now the Senior Vice President (SVP) of Customer Support and Services. These two appointments come at a pivotal time for the company as it embarks on a period of transformation to help organizations adapt to a new world of work that requires continuous people development and rapid organizational agility. Damato will play a fundamental role in aligning the organization’s vision, strategy and operating plan. By working cross-functionally with the company’s leadership and board of directors, she will ensure Cornerstone continues to...
July 17, 2020 Cornerstone Announces Departure of Chief Financial Officer and Sets Date for Q2 Earnings Call
Cornerstone OnDemand (NASDAQ:CSOD), a global leader in people development solutions, announced today that Brian Swartz, Chief Financial Officer (CFO), will leave the company effective Aug. 14 to pursue another opportunity. The company is launching a search for a successor. In the meantime, Trish Coughlin, Cornerstone’s Chief Accounting Officer since January 2019 , will serve as interim CFO. Coughlin brings more than 25 years of experience to her new role with previous finance positions at Workday, Goldman Sachs and Co., Honeywell and PricewaterhouseCoopers. “I have quickly come to appreciate Brian’s intelligence, tenacity and strategic thinking and will miss his partnership. We are grateful for his significant contribution to Cornerstone and wish him well in this next phase of his professional journey,” said Phil Saunders, Chief Executive Officer, Cornerstone. “I am also looking forward to my first quarterly earnings call next month and discussing our company’s future.” “I am thankful...
July 14, 2020 Cornerstone Helps Managers Crack the Gen Z Code
New courses equip managers with the tools to communicate with, coach and lead Digital Native team members as organizations prepare for Gen Z to represent a majority of the workforce Cornerstone OnDemand , Inc. (NASDAQ:CSOD), a global leader in people development solutions, today announced the availability of Plan Z: Managing Digital Natives, a new Cornerstone Original Learning Series that serves as a manager’s guide for coaching, mentoring and leading Gen Z employees, also known as Digital Natives. The Gen Z population is expected to make up over 20% of the world’s workforce by the end of 2020 and is on track to be the most diverse, best-educated and most-entrepreneurial generation yet, according to the Pew Research Center. As Gen Z is also the first generation born into a digital world, managers have less insight into what they can expect from this unique group of workers. Building on Cornerstone’s Digital Native Advancement (DNA) , a series of mobile-first, nanolearning courses to...
June 5, 2020 Cornerstone to Hold Virtual 2020 Annual Meeting of Shareholders
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...
May 12, 2020 Cornerstone Reveals Vision for the New World of Work
Following its acquisition of Saba Software, Cornerstone announces a new strategic vision and accelerated innovation plans to help organizations thrive through change Cornerstone OnDemand, Inc. (NASDAQ: CSOD), a global leader in people development solutions, today announced a multi-year strategic vision to help companies adapt to a new world of work that requires continuous people development and rapid organizational agility. Over the past few months, the global COVID-19 pandemic has required businesses across industries to pivot on a dime. Whether converting their entire workforces to remote work, or manufacturing completely new products to address new needs, having the ability to change course quickly is becoming a fundamental measure of lasting viability. Even after this crisis comes to an end, the world will be forever changed, and business volatility – which has been increasing for decades – will become the new normal. “The emergence of this new world of work is proof that...
May 11, 2020 Cornerstone Announces Leadership Transition
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...
May 11, 2020 Cornerstone OnDemand Announces First Quarter 2020 Financial Results
People development solution provider Cornerstone OnDemand, Inc. (NASDAQ: CSOD) today announced results 1 for its first quarter ended March 31, 2020. The Company has provided supplemental financial information located on its Investor Relations website, including an accompanying featured presentation, at http://investors.cornerstoneondemand.com . First Quarter 2020 Results: Revenue for the first quarter of 2020 was $150.1 million compared to a guided range of $147.0 million to $150.0 million. This represents a 7.2% increase compared to the same period of the prior year. Revenue growth on a constant currency basis was 7.8%. Subscription revenue for the first quarter of 2020 was $144.4 million compared to a guided range of $143.0 million to $145.0 million. This represents a 10.0% increase compared to the same period of the prior year. Subscription revenue growth on a constant currency basis was 10.7%. Operating loss for the first quarter of 2020 was $2.7 million, yielding a margin of...
April 22, 2020 Cornerstone Completes Acquisition of Saba Software
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...

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