BNET Industries

Market Cap:$502.1M
Last Fiscal Year Sales:$63.3M
  • Public
  • US
Dow Jones Description

SuccessFactors is the leading provider of on-demand employee performance and talent management solutions that enable organizations of every size, across every industry and geography, to realize their employees' potential and thus drive business results. Its hosted service is organically built from the ground up - providing a fully integrated, modular suite of performance and talent management applications that provide customers with immediate process benefits and tangible return on investment. Fueled by customer success, SuccessFactors currently has more than 1,400 customers across over 60 industries, with more than 2 million end users in over 150 countries using the application in 18 languages. The company currently employs more than 700 people worldwide, all passionately focused on delighting customers through prompt and effective execution and constant improvement driven by customer feedback. SuccessFactors' customers include Kimberly-Clark Corporation, MasterCard Worldwide, Textron, Sutter Healthcare, Direct Energy, Quintiles Transnational, Volkswagen of North America, Lancaster General Hospital, and McDermott International, Inc. Founded in 2001, SuccessFactors has multiple offices worldwide collaborating for strong local support and measurable success of customers.

CEOLars Dalgaard
Number of Employees 736
Contact Information

1500 Fashion Island Boulevard

Suite 300

San Mateo, California 94404

www.successfact...

(650) 645-2000

NAICS Code Software Publishers: 511210

Recent Events

  • Successfactors Gets Social with HRIS Offering

    6/25/09 - Joint Venture / Alliance - View Story

  • SuccessFactors Vice President of Asia-Pacific Engineering to Present on Linking Corporate...

    6/25/09 - Joint Venture / Alliance - View Story

  • SAP Tops Oracle And IBM, But Siemens Picks SaaS

    6/09/09 - Joint Venture / Alliance - View Story

  • SAP's Wookey outlines the company's on-demand ambitions

    6/10/09 - Licensing / Contract - View Story

  • SuccessFactors Leading the Enterprise Cloud's Largest Deployments, Announces Participation in the 2009 SIIA OnDemand Europe...

    6/04/09 - Mgmt. Change Entering - Other - View Story

  • WellStar Health deploys performance and management solution

    6/03/09 - Licensing / Contract - View Story

  • Jefferies & Co Initiates Coverage on SuccessFactors SFSF with a Hold

    5/21/09 - Bond / Stock Rating - View Story

  • H-E-B selects SuccessFactors' performance and talent management solution

    5/20/09 - Licensing / Contract - View Story

  • SuccessFactors' Q1 Lives Up to Its Name

    5/05/09 - Financial Announcement - View Story

  • SuccessFactors Announces Record First Quarter Fiscal 2009 Results

    4/30/09 - Mgmt. Change Entering - Vice President - View Story

  • Tom Fisher Appointed as VP of Cloud Computing at SuccessFactors

    5/06/09 - Mgmt. Change Entering - Vice President - View Story

  • Kellogg sees talent in The Cloud

    4/20/09 - Licensing / Contract - View Story

  • Dmitri Krakovsky Joins SuccessFactors as VP of Product Management

    4/26/09 - Mgmt. Change Entering - Vice President - View Story

  • SuccessFactors' Succession Management Helps Kellogg Manage European Growth, Identify Top...

    4/07/09 - Licensing / Contract - View Story

  • Will SaaS Emerge as a Big Winner Postrecession?

    3/28/09 - Financial Announcement - View Story

  • Oracle and SaaS: Inevitable

    3/26/09 - Merger / Acquisition - View Story

News & Analysis

successfactors inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Lars Dalgaard CEO
Bruce Felt CFO
Paul Albright General Manager, SMB and CMO
Randy Womack Vice President, Operations & CIO
Aaron Au Vice President, Engineering
Andy Leaver Vice President of Sales, EMEA
Brian Kinion Vice President and Controller
Conrad Voorsanger Vice President, New Business Operations
Eric McCluskey Vice President, Financial Planning and Analysis
Jay Larson Vice President, Global Enterprise and Mega Sales
Jeff Bieller Vice President, Western Area Sales
Jeremy Bauer Vice President, Information Technology
Julian Ong Vice President, General Counsel & Secretary
Karen Pisha Vice President, Professional Services
Manny Galvez Vice President, Asia Pacific
Patrick Saeger Vice President, Global Customer Success
Peter Riccio Vice President, Sales Mid-Market Team
Philip Carty Vice President, Eastern Area Sales
Randy F. Reynolds Vice President, Product Management
Randy Stevens Vice President, Finance and Controller
Rob Bernshteyn Vice President, Global Product Marketing & Management
Roger Goulart Vice President, Alliances
Stacey Epstein Vice President, Marketing Communications
William Harmer III Vice President, Security
Shelly Davenport General Manager, Small Business Unit
Amy Clark Director, Customer Success
Jen Nguyen Director of Corporate Operations
Jennifer Boyd Director, Human Resources
Hae-Song Kim Solutions Consultant & Partner Manager

Board of Directors

Name (plus bio) Position
David N. Strohm Board Member
Doug Burgum Board of Directors
Elizabeth Nelson Board of Directors

Lars Dalgaard is the Founder, CEO and President of SuccessFactors, the global leader in on-demand performance and talent management solutions that help organizations of every size and category realize their potential through their talent. SuccessFactors was the fastest growing public software company in 2007 and 2008 with 95% and 77% revenue growth respectively. The company enables organizations of every size, and across every industry and geography, to achieve high-performing workforces through goal alignment and execution, talent development and planning, and pay-for-performance initiatives. From 92 customers and approximately 282,000 end users in 2003 to more than 2,600 customers and 4.5 million end users today, SuccessFactors’ solutions are widely deployed across 60 industries in over 185 countries in 31 languages. Founded in 2001 with offices around the world, the company employs passionate people focused on revolutionizing the future of work. Lars brings over 15 years of proven strategic and hands-on operational and leadership experience worldwide. Prior to SuccessFactors, Lars worked for Unilever, one of the 10 largest transnational employers in the world, in Amsterdam, Germany, Amsterdam and Denmark. At different points of his career at Unilever, Lars was globally responsible for two large, recognized product lines, development, marketing and sourcing, Lars was Business Unit P&L Director, and Board Member in a 13,000 person division, and Country Manager. Lars has a Masters of Science from Stanford Graduate School of Business, where he was a Sloan Fellow, and a B.B.A in economics, psychology and consumer behavior from Copenhagen Business School.

Organization Position Status
SuccessFactors, Inc. CEO Current
Commonwealth of Massachusetts Chief Human Resources Officer Former
Ingenuity, Inc. vice president of marketing Former
Stanford Graduate School of Business Masters Former
Copenhagen Business School B.B.A in economics, psychology and consumer behavior Former

Bruce C. Felt, Jr. In October 2006, Mr. Felt executed our written offer of employment as our Chief Financial Officer. The written offer of employment specifies that Mr. Felt’s employment with us is at will. Mr. Felt’s current base compensation is $235,000 per year. He is currently eligible to receive a bonus of up to 60% of his base compensation. Pursuant to the offer letter,Mr. Felt received an option to purchase 500,000 shares of common stock with an exercise price equal to the fair market value of our common stock on the date of grant. In the event Mr. Felt’s employment with us is terminated without cause within the first year of his employment with us, he is entitled to receive a severance payment of six months of his base salary as well as six months of accelerated vesting of unvested shares. If his employment with us is terminated without cause after the first year of his employment with us, he is entitled to receive a severance payment of six months of his base salary, as well as three months of accelerated vesting of unvested shares. Upon a change of control, Mr. Felt is entitled to receive accelerated vesting of 50% of his then unvested shares, and if, within 12 months after the change of control, his employment is terminated by us without cause or by Mr. Felt for good reason, he will be entitled to full acceleration of his unvested shares.

Organization Position Status
SuccessFactors, Inc. CFO Current
Landesk Software, Ltd. Cfo Current
Stanford University Mba Program Former
Renaissance Software Chief Financial Officer Former
Renaissance Software Founder Former
Renaissance Software Director of Sales Former
University of South Carolina BA Former

Paul L. Albright. In July 2007, Mr. Albright, our General Manager, Small and Mid-Sized Business Unit and Chief Marketing Officer, executed our written offer of employment. The written offer of employment specifies that Mr. Albright’s employment with us is at will. Mr. Albright’s base compensation was initially set at $250,000, with a target bonus of $200,000. Pursuant to the offer letter, Mr. Larson received an option to purchase 525,000 shares of common stock with an exercise price equal to the fair market value of our common stock on the date of grant. If, after one year of employment with us, his employment is terminated without cause or by Mr. Albright for good reason, he will be entitled to one year of acceleration of his unvested stock options. If, after two years of employment with us, his employment is terminated without cause or by Mr. Albright for good reason, he will be entitled to two years of acceleration of his unvested stock options. In either case, Mr. Albright would also be entitled to a severance payment equal to six months of base salary as well as his target bonus, plus an additional one month for each year he is employed with us after the initial two years.

Organization Position Status
SuccessFactors, Inc. General Manager, SMB and CMO Current
Greylock Partners CEO in Residence Former
Informatica Corporation Chief Marketing Officer Former
Informatica Corporation Executive Vice President, Channel Sales Former
NetApp Inc. Senior Vice President, Worldwide Marketing Former
Sybase, Inc. Senior Director, Verticals & Business Development Former
Tandem Computers Western Region Sales Former
Unisys Corporation Sales Former
James Madison University BS/BBA, Information (Computer) Science and Management Former
Organization Position Status
SuccessFactors, Inc. Vice President, Operations & CIO Current
Pathworks Software Corporation Board of Directors Current
Helpstream Board of Directors Current
Digital River, Inc. CIO Former
Organization Position Status
SuccessFactors, Inc. Vice President, Engineering Current
Informix Software Development Engineer Former
University of California, Berkeley B.A. of Computer Science Former
Organization Position Status
SuccessFactors, Inc. Vice President of Sales, EMEA Current
Ariba, Inc. Vice President EMEA Former
Microsoft Corporation Project Manager Former
General Electric Company eCommerce Business Leader Former
Organization Position Status
SuccessFactors, Inc. Vice President and Controller Current
CoTherix, Inc. Vice President, Finance and Controller Former
Convertys Learning Solutions Controller Former
Clearswift Limited US Financial Controller Former
Saint Mary's College of California MBA Former
Saint Mary's College of California BA, Accounting Former
Organization Position Status
SuccessFactors, Inc. Vice President, New Business Operations Current
Organization Position Status
SuccessFactors, Inc. Vice President, Financial Planning and Analysis Current
Hyperion Solutions Corporation Vice President, Corporate Finance Former
Mercury Interactive Corporation Senior Director, Strategic Finance Former
i2 Technologies, Inc. Director of Finance Former

James B. Larson. In August 2007, Mr. Larson, our Vice President, Global Enterprise Sales, executed our written offer of employment. The written offer of employment specifies that Mr. Larson’s employment with us is at will. Mr. Larson’s base compensation was initially set at $300,000, with a target bonus of $250,000. Pursuant to the offer letter,Mr. Larson received an option to purchase 750,000 shares of common stock with an exercise price equal to the fair market value of our common stock on the date of grant. If, after one year of employment with us, his employment is terminated without cause or by Mr. Larson for good reason, he will be entitled to a payment equal to six months’ salary and three months of acceleration of his vesting of his unvested stock options.

Organization Position Status
SuccessFactors, Inc. Vice President, Global Enterprise and Mega Sales Current
Mercury Technologies, Inc. Senior Vice President, WW Field Operations Former
Network Associates Vice President, Western Area Sales Former
University of California, Los Angeles MBA Former
Harvard University BA, Economics Former
Organization Position Status
SuccessFactors, Inc. Vice President, Western Area Sales Current
Saba Software Inc. Regional Vice President Former
Kronos Incorporated Regional Director Former
Data Systems Management, Inc Account Executive Former
California State University, Fullerton BA Marketing Former
Organization Position Status
SuccessFactors, Inc. Vice President, Information Technology Current
Organization Position Status
SuccessFactors, Inc. Vice President, General Counsel & Secretary Current
Organization Position Status
SuccessFactors, Inc. Vice President, Professional Services Current
Reebok International Ltd. Senior Vice President of Human Resources Former
ITT Automotive Vice President Professional Services Corporate Background: Oracle Former
Organization Position Status
SuccessFactors, Inc. Vice President, Asia Pacific Current
Saba Software Inc. Vice President, Asia Pacific Region Current
Procter & Gamble Former
Informatica Corporation Former
University of San Francisco MBA Former
Loyola University Bachelor of Arts degree majoring in Economcs Former
Organization Position Status
SuccessFactors, Inc. Vice President, Global Customer Success Current
Mercury Interactive Corporation Vice President, Global Customer Support Former
Organization Position Status
SuccessFactors, Inc. Vice President, Sales Mid-Market Team Current
Document Sciences Corporation Senior Vice President, Sales Former
Planitax, Inc. Vice President of Sales Former
Yale University BS, Administrative Science Former
Organization Position Status
SuccessFactors, Inc. Vice President, Eastern Area Sales Current
Automatic Data Processing, Inc. Vice President Former
Red Hat, Inc. Vice President of Sales, Eastern Region Former
Oracle Corporation Regional Sales Manager Former
Organization Position Status
SuccessFactors, Inc. Vice President, Product Management Current
Workscape Inc. Director, Product Marketing Former
Saba Software Inc. Senior Director Former
San Jose State University BA, Business Former
Organization Position Status
SuccessFactors, Inc. Vice President, Finance and Controller Current

Rob Bernshteyn brings 15 years of experience in marketing and information technology to his position as Vice President of Global Product Marketing & Management at SuccessFactors. Prior to his current role, Rob directed product management and marketing activities at Siebel Systems where he was a founding member of the Siebel Employee Relationship Management line of business. Rob has also worked as a management consultant at McKinsey & Company and an SAP Implementation Project Manager at Accenture. His qualifications include a Bachelor of Science Degree in Information Systems from the State University of New York at Albany and an MBA from Harvard Business School.

Organization Position Status
SuccessFactors, Inc. Vice President, Global Product Marketing & Management Current
Accenture Ltd. SAP System Implementation Former
McKinsey & Company, Inc. Management Consulting Former
Siebel Systems, Inc. Product Marketing & Management Former
Harvard Business School MBA Former
State University of New York at Albany BS Information Systems Former
Organization Position Status
SuccessFactors, Inc. Vice President, Alliances Current
Organization Position Status
SuccessFactors, Inc. Vice President, Marketing Communications Current
Emory University Bachelor of Arts Degree in English Former
Organization Position Status
SuccessFactors, Inc. Vice President, Security Current
Manulife Financial Corporation AVP Architecture & Technology Former
Critical Path, Inc. Director Information Technology & Security Former
University of Toronto BA, English and Political Science Former
Organization Position Status
SuccessFactors, Inc. General Manager, Small Business Unit Current
Organization Position Status
SuccessFactors, Inc. Director, Customer Success Current
Organization Position Status
SuccessFactors, Inc. Director of Corporate Operations Current
Avacore Technologies, Inc Sports Operations Manager Former
Golden Gate University MBA, Business Administration Former
Organization Position Status
SuccessFactors, Inc. Director, Human Resources Current
Organization Position Status
SuccessFactors, Inc. Solutions Consultant & Partner Manager Current
Organization Position Status
Greylock Partners Partner Current
Coware, Inc. Chairman of the Board Current
Athoc, Inc. Board Member Current
Tabula, Inc. Board Member Current
EMC Corporation Board of Directors Current
Cuil, Inc. Board of Directors Current
SuccessFactors, Inc. Board Member Current
Edge Dynamics, Inc. Board Member Current
Internet Security Systems, Inc. Board of Directors Current
Accelchip, Inc. Board of Directors Current
DoubleClick Inc. Board of Directors Former
Legato Systems, Inc. Director Former
Octane Software Investor Former
Forte Software Investor Former
Mentor Graphics Corporation Investor Former
Legato Systems, Inc. Investor Former
Decru Incorporated Investor Former
Wily Technology, Inc. Investor Former
Harvard Business School MBA Former
Dartmouth College BA Former
Dartmouth College Graduate Former

Douglas J. Burgum has served as a director since October 2007. From April 2001 to August 2007, Mr. Burgum served as Senior Vice President at Microsoft Corporation. A graduate of North Dakota State University and Stanford University Graduate School of Business (M.B.A.), Mr. Burgum worked at the Chicago office of McKinsey & Co. until 1983, when he returned to North Dakota and provided the seed capital for Great Plains Software, Inc., a business-management software company. He served Great Plains in executive roles including Chief Executive Officer and Chairman of the Board of Directors, leading the company’s successful growth to an initial public offering in 1997 and through its acquisition by Microsoft Corporation in 2001 for $1.1 billion. In 2006, he founded the Kilbourne Group, a company committed to inspiring and supporting the redevelopment of downtown Fargo. Mr. Burgum currently serves on the Advisory Board of Stanford University Graduate School of Business. He also serves on the Board of Directors for Arthur Companies, Inc., a privately-held diversified agribusiness; Intelligent InSites, a privately-held enterprise visibility solutions company focused on the healthcare industry, and is co-founder and chairman of Arthur Ventures, a technology venture fund; and has established the Doug Burgum Family Fund, which focuses its charitable giving on youth and education.

Organization Position Status
SuccessFactors, Inc. Board of Directors Current
Microsoft Corporation Senior Vice President, Global Microsoft Business Solutions Group Former
McKinsey & Company, Inc. Consultant Former
Stanford Graduate School of Business MBA Former
North Dakota State University Bachelors Degree Former

Elizabeth (Betsey) Nelson currently serves on the Board of Directors for several public and private companies, including SuccessFactors and Greenbox Technology Inc., in addition to Autodesk. With over 20 years’ experience in the technology and digital media market, Betsey previously served as Executive Vice President, Chief Financial Officer and member of the Board of Directors of Macromedia, the leading web development software company, until its acquisition by Adobe in December 2005. As CFO from 1997 through 2005, Betsey helped the company grow to over $500 million in annual revenues and increase its market value over tenfold during that period. She was responsible for leading the company's key operational and administrative functions, including business development, customer care, finance, investor relations, information technology, legal, operations, and real estate. Prior to joining Macromedia, Betsey spent eight years at Hewlett-Packard, where she held a variety of positions in international finance and corporate development. Before that she worked as an economist with the firm of Robert Nathan Associates in Washington DC. Betsey holds an MBA in Finance with distinction from the Wharton School at the University of Pennsylvania, and a BS in Foreign Service from Georgetown University.

Organization Position Status
Autodesk, Inc. Board of Directors Current
SuccessFactors, Inc. Board of Directors Current
Macromedia, Inc. Executive Vice President & Chief Financial Officer Former
Macromedia, Inc. Board of Directors Former
CNET Networks, Inc. Board of Directors Former

Executive News

  • An HR Software Revolution? UPDATED June 17, 2009

    Workforce - 6/21/09 - View Story

  • Geithner Sells Regulation Plan

    Forbes.com - 6/18/09 - View Story

  • Caterpillar's Sales Tumble

    Forbes.com - 6/18/09 - View Story

  • Econ Data Energizes Street

    Forbes.com - 6/18/09 - View Story

  • SuccessFactors CEO Lars Dalgaard and Customers to Ring NASDAQ Stock Market Opening Bell

    Broadcast Newsroom - 6/18/09 - View Story

  • SuccessFactors CEO Lars Dalgaard and Customers to Ring NASDAQ Stock Market Opening Bell

    DMN Newswire - 6/18/09 - View Story

  • SuccessFactors CEO Lars Dalgaard and Customers to Ring NASDAQ Stock Market Opening...

    Reuters - 6/18/09 - View Story

  • SuccessFactors CEO Lars Dalgaard and Customers to Ring NASDAQ...

    MSN Money - 6/18/09 - View Story

  • SuccessFactors CEO Lars Dalgaard and Customers to Ring NASDAQ Stock Market Opening Bell

    PR Newswire - 6/18/09 - View Story

  • Minister of the Danish Ministry of Science, Technology and Innovation and Danish Ambassador to...

    Forbes.com - 6/10/09 - View Story

  • Minister of the Danish Ministry of Science, Technology and Innovation and Danish...

    Reuters - 6/10/09 - View Story

  • Minister of the Danish Ministry of Science, Technology and Innovation and Danish Ambassador to the United States to Visit SuccessFactors

    PR Newswire - 6/10/09 - View Story

  • Claim of Record-Setting Cloud Deployment

    Internet News - 6/09/09 - View Story

  • SuccessFactors Wins Deployment at Siemens AG With 420,000 Users

    TickerTech.com - 6/08/09 - View Story

  • SuccessFactors Kicks-off First Ever Multi-City Annual Global User Conference

    Forbes.com - 6/08/09 - View Story

  • SuccessFactors Kicks-off First Ever Multi-City Annual Global User Conference

    DMN Newswire - 6/08/09 - View Story

  • SuccessFactors Wins Deployment at Siemens AG With 420,000 Users

    Yahoo! Canada - 6/08/09 - View Story

  • SuccessFactors Chief Financial Officer to Present at the 2009 UBS Global Technology and Services Conference

    PR Newswire - 6/03/09 - View Story

  • WellStar Health deploys performance and management solution

    HealthCareIT News - 6/03/09 - View Story

  • WellStar Health System Deploys 11,000 Users on SuccessFactors in the Enterprise Cloud for Increased Employee Retention a

    NewsBlaze - 6/03/09 - View Story

advertisement
     SFSF $8.93 -0.34 (-3.67% )
Average Volume 302,645
Shares Outstanding 56.80M
Market Cap 507.2M
Year High 15
Year Low 4.61
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

Technology Industry Companies

Company Employer Rating
Toshiba 2.3
advertisement