Santa Monica, California (PressExposure) June 28, 2011 -- Learning and talent management software provider Cornerstone OnDemand (NASDAQ: CSOD) today announced that the company's president and CEO, Adam Miller, has been honored as an Ernst & Young Entrepreneur of the Year 2011 Greater Los Angeles Award winner in the technology category.
Miller was selected among other leading entrepreneurs by an independent judging panel made up of previous award winners, leading CEOs, private capital investors and other regional business leaders. Awards are given to entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Winners were revealed at a gala event Tuesday evening, June 21, at The Beverly Hilton.
"It is an honor to be recognized by Ernst & Young as an Entrepreneur of the Year Award winner," said Miller. "Over the years, I've found there are four keys to successful entrepreneurship: persuasiveness, persistence, perseverance and a great team. The support of friends, family and team members has been essential over the years in building Cornerstone OnDemand into one of the world's fastest growing publicly-traded SaaS companies."
Since Miller founded Cornerstone OnDemand in 1999, the company has enjoyed rapid business growth, an expanded global presence and industry-leading product innovation, resulting in an initial public offering in March of this year. Cornerstone is recognized among the leading SaaS-based talent management solution vendors by top industry analyst firms such as Gartner, IDC, Forrester and Bersin & Associates. The company also has been ranked among the fastest growing companies in North America by organizations such as the Deloitte Technology Fast 500 and the Inc. 5000.
Miller also is the chairman of the Cornerstone OnDemand Foundation, which leverages Cornerstone's expertise, solutions and partner ecosystem to help empower communities. With a focus on education, workforce development and disaster relief, the Foundation has developed strategic partnerships with Teach for America, the New Teacher Project, Feeding America, Oxfam, Save the Children, the Taproot Foundation and many other leading non-profits.
"Ernst & Young has honored outstanding entrepreneurs like this year's winners for the past 25 years," said Brian Ring, program director for Ernst & Young LLP Entrepreneur of the Year Greater Los Angeles. "These business leaders have accomplished so much and contributed a tremendous amount to the community. They give us hope for what the next 25 years of entrepreneurs will bring."
As a Greater Los Angeles Award winner, Miller is now eligible for consideration for the Ernst & Young Entrepreneur of the Year 2011 National Award. Award winners in several national categories, as well as the overall national award winner, will be announced at the annual awards gala November 12, 2011 in Palm Springs, Calif.
For more information about Cornerstone OnDemand, visit http://www.cornerstoneondemand.com. To follow Cornerstone OnDemand on Twitter, go to http://twitter.com/cornerstoneinc. To read Cornerstone OnDemand's talent management blog, visit http://www.cornerstoneondemand.com/blog.
About Ernst & Young Entrepreneur of the Year Ernst & Young Entrepreneur of the Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries. For more information about the program, please visit http://www.ey.com/us/eoy.