Aneel Bhusri (born February 14, 1966) is an American business executive. He is the
chief executive officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...
(CEO) of
Workday. He is also a partner at
Greylock Partners
Greylock Partners is one of the oldest venture capital firms, founded in 1965, with committed capital of over $3.5 billion under management. The firm focuses on early-stage companies in the consumer, enterprise software and infrastructure as wel ...
and was a member of
Intel
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 seri ...
's board of directors between 2014 and 2019. Bhusri has been a billionaire since 2014; as of 2021 he has a
net worth of $3.1 billion.
Early life
Aneel Bhusri was born in
Pittsford, New York
Pittsford is a town in Monroe County, New York. A suburb of Rochester, its population was 30,617 at the time of the 2020 census.
The Town of Pittsford (formerly part of the town of Northfield) was settled in 1789 and incorporated in 1796. The ...
on February 14, 1966. He was educated at
Brown University, receiving a
Bachelor of Science
A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years.
The first university to admit a student to the degree of Bachelor of Science was the University o ...
degree in
electrical engineering. He has an
MBA
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
from
Stanford Graduate School of Business. His first job after college was as a corporate finance analyst at
Morgan Stanley
Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...
.
Career
In 1993, Bhusri became the director of planning at
PeopleSoft
PeopleSoft, Inc. is a company that provides human resource management systems (HRMS), Financial Management Solutions (FMS), supply chain management (SCM), customer relationship management (CRM), and enterprise performance management (EPM) software ...
,
[Angela Mehta, "Venture Profile: Aneel Bhusri, Greylock" ]
SterlingHoffman
' retrieved October 20, 2014 then primarily a
human resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ...
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" ]
Forbes
' September 16, 2013 he became responsible for product strategy and
marketing
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emph ...
. In 1999, he became vice chairman of the company, serving in that role until the takeover by
Oracle in 2004. In the meantime,
PeopleSoft
PeopleSoft, Inc. is a company that provides human resource management systems (HRMS), Financial Management Solutions (FMS), supply chain management (SCM), customer relationship management (CRM), and enterprise performance management (EPM) software ...
had developed
ERP,
CRM, and other offerings, in addition to
Human Resource Management.
Also since 1999, Bhusri has been a partner at
Greylock Partners
Greylock Partners is one of the oldest venture capital firms, founded in 1965, with committed capital of over $3.5 billion under management. The firm focuses on early-stage companies in the consumer, enterprise software and infrastructure as wel ...
, a venture capital firm which has backed companies including
Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Mosk ...
,
Groupon
Groupon is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching soon af ...
,
Dropbox
Dropbox is a file hosting service operated by the American company Dropbox, Inc., headquartered in San Francisco, California, U.S. that offers cloud storage, file synchronization, personal cloud, and client software. Dropbox was founded in 2007 ...
,
Tumblr
Tumblr (stylized as tumblr; pronounced "tumbler") is an American microblogging and social networking website founded by David Karp in 2007 and currently owned by Automattic. The service allows users to post multimedia and other content to a sho ...
and
Airbnb
Airbnb, Inc. ( ), based in San Francisco, California, operates an online marketplace focused on short-term homestays and experiences. The company acts as a broker and charges a commission from each booking. The company was founded in 2008 b ...
. 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
Cloudera, Inc. is an American software company providing enterprise data management systems that make significant use of Apache Hadoop. As of January 31, 2021, the company had approximately 1,800 customers.
History
Cloudera, Inc. was formed on J ...
and
Pure Storage
Pure Storage is an American publicly traded technology company headquartered in Mountain View, California, United States. It develops all-flash data storage hardware and software products. Pure Storage was founded in 2009 and developed its product ...
.
Workday
In 2003,
Oracle made a $13 billion bid in a hostile corporate
takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to ...
attempt of
PeopleSoft
PeopleSoft, Inc. is a company that provides human resource management systems (HRMS), Financial Management Solutions (FMS), supply chain management (SCM), customer relationship management (CRM), and enterprise performance management (EPM) software ...
. This and later offers were rejected by PeopleSoft's
board of directors. Despite a
U.S. Department of Justice
The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the United States government tasked with the enforcement of federal law and administration of justice in the United State ...
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.
In 2005,
Workday was co-founded by
David Duffield and Bhusri with funding from
Greylock Partners
Greylock Partners is one of the oldest venture capital firms, founded in 1965, with committed capital of over $3.5 billion under management. The firm focuses on early-stage companies in the consumer, enterprise software and infrastructure as wel ...
. Workday sells software and services using the
SaaS
Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software.
SaaS is con ...
model.
Bhusri is the
chief executive officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...
(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.
In 2020, he was ranked No. 359 on the
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
400 list of the richest people in America.
Media appearances
Bhusri was interviewed by
Reid Hoffman
Reid Garrett Hoffman (born August 5, 1967) is an American internet entrepreneur, venture capitalist, podcaster, and author. Hoffman was the co-founder and executive chairman of LinkedIn, a business-oriented social network used primarily for prof ...
on th
Masters of Scalepodcast, where he talked about interviewing his first 500 employees at
Workday to shape its award-winning company culture.
Awards
* 2013 EY Entrepreneur of the Year Award Recipient
* 2020 Great Place to Work CEO For All Leadership Award
References
External links
WorkdayGreylock
{{DEFAULTSORT:Bhusri, Aneel
1966 births
Living people
American technology chief executives
American company founders
American computer programmers
Businesspeople from New York (state)
Brown University alumni
Brown University School of Engineering alumni
American people of Indian descent
Henry Crown Fellows
American billionaires
Giving Pledgers
21st-century American philanthropists
Stanford University alumni
Stanford University trustees