Cornerstone OnDemand (CSOD) Announces CFO Brian Swartz to Depart August 14th

Cornerstone OnDemand (NASDAQ: CSOD) 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 to our board of directors, Phil and the entire Cornerstone team for an incredible four years,” said Brian Swartz, Chief Financial Officer, Cornerstone. “Although I am excited about the new opportunity I am pursuing, the decision was especially difficult for me to make now because of the confidence I have in Cornerstone’s ability under Phil’s leadership to execute and capitalize on its market opportunity.”

You May Also Be Interested In

• IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
• Atlassian (TEAM) Announces Resignation of Co-CEO Scott Farquhar
• GXO Logistics, Inc. (GXO) Prices $1.1B Notes Offering