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Key People
Management
Evan Goldberg, Founder, Chief Technology Officer and Chairma
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Zach Nelson, President and Chief Executive Officer
Zach Nelson is the President and Chief Executive Officer of NetSuite, the leading provider of integrated business application software for small and midsize businesses. Since 2002, Zach has led NetSuite to ten-fold revenue growth; workforce has doubled; and the company has reached thousands of customers globally making NetSuite the largest application service provider in the small to medium business market. Zach has extensive leadership experience spanning 15 years in high-tech marketing, sales, product development and business strategy with leading companies such as Oracle, Sun Microsystems, Network Associates and Motorola. Mr. Nelson holds a patent in the field of application integration, and has several others pending approval. He holds B.S. and M.A. degrees from Stanford University.
Jim McGeever, CFO
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Dave Lipscomb, Senior Vice President, Engineering and Operations
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Dean Mansfield, President, Worldwide Operations
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Tim Dilley, Executive Vice President, Professional Service
NETSUITE NAMES NEW EXECUTIVE VICE PRESIDENT OF SERVICES
SAN MATEO, Calif. — January 11, 2007 — NetSuite, Inc., the leader in on-demand business software suites, today announced that Tim Dilley joined NetSuite as executive vice president of Services for NetSuite. In this role, Dilley is charged with overseeing NetSuite's global initiatives in professional services, training and customer support and customer service. Dilley brings more than 26 years of experience in enterprise consulting, and executive management leadership in professional services and customer support. Most recently he headed Services for Informatica Corp. (NASDAQ: INFA). For more information about the NetSuite management team, please visit www.netsuite.com/management
"Unlike simple, departmental applications, NetSuite is used to running our customers' core business processes. Implementation services and training are key to their success," said Zach Nelson, CEO of NetSuite. "Tim's world-class background will help our customers to transform their businesses from a hodge-podge of applications, to efficient world-class operations that rival the capabilities of the world's largest organizations."
Prior to NetSuite, Dilley served as senior vice president of Global Customer Services at Informatica Corporation, a $300M annual revenue enterprise software company, which provides the Global 2,000 with data integration products and services. While at Informatica, he managed the global practices of Professional Services, Education Services, Customer Support and Maintenance Renewal Sales. Before that, Dilley had 18 years of experience in the consulting services. He was an associate partner for Worldwide Utilities Consumer Services at Andersen Consulting (Accenture), and a co-founder of Axiom Management Consulting, a management and information technology consulting firm. Earlier in his consulting career, he was with Myers-Holum, where he spent five years implementing financial applications.
"I am excited to be a part of the NetSuite executive team," said Tim Dilley, executive vice president, Services for NetSuite. "I look forward to bringing my expertise to this innovative, Software-as-a-Service industry leader and helping further NetSuite's success."
About NetSuite
Named as the fastest-growing software company in the Silicon Valley by Deloitte's 2005 Silicon Valley Technology Fast 50 study, NetSuite, Inc. is the leader in on-demand business software suites. NetSuite enables companies to manage key business operations in a single system, which includes accounting/Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite is delivered as an on-demand service, so there is no expensive hardware to procure, no large, up-front license fee, and no complex set-ups. Finally, NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into role-specific business information that is always up-to-date. For more information about NetSuite, visit: www.netsuite.com.
Stephen Wolfe, Senior Vice President, Product Management
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Jay O'Connor, Senior Vice President of Worldwide Marketing
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Jodi Maxson, VP Sales
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Jim LaBelle, VP Marketing
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Pat Ripepi, VP Sales
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Laura Brumage, VP Education Services
INDUSTRY VETERAN LAURA BRUMAGE TO LEAD NETSUITE ON-DEMAND BUSINESS SOFTWARE EDUCATION INITIATIVES
New VP to Lead ERP Software, CRM Software, and Ecommerce Software Business Application Suite Training Programs
SAN MATEO, Calif. — April 1, 2008 — NetSuite Inc. (NYSE: N - News), a leading vendor of on-demand, integrated business software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies, announced today that Laura Brumage, a software executive with more than 15 years of experience, was appointed Vice President, Worldwide Education Services. In this new role, Brumage will lead NetSuite's business software education initiatives which include expanding the education of NetSuite's partners, customers and employees about its wide array of on-demand business applications.
"Laura Brumage is a terrific addition to our Worldwide Services team and she has exactly the right kind of experience to assist our customers in learning the best way to take advantage of all the power in NetSuite's integrated business application," said Tim Dilley, Executive Vice President, Chief Customer Officer of NetSuite. "Enabling our customers to grow and succeed in their business is our top priority. Laura's educational expertise will give our expanding customer base, along with a rapidly increasing adoption rate, the tools to position themselves for increased growth and profitability."
Prior to joining NetSuite, Brumage served as Vice President, Learning Programs / CRM On-Demand at Oracle Corporation (Nasdaq: ORCL). At Oracle, she was responsible for the learning strategy to support the on-demand model of CRM business software delivery and was also an executive business sponsor and program strategist for several technology innovations aimed at improving the on-demand business application customer experience. Before that, Brumage held several leadership positions at Siebel Systems, Inc. in the areas of customer, partner and internal education, including training CRM life-cycle product development, elearning, certification and program management. Brumage has a Bachelor of Arts degree from Vassar College.
" NetSuite is a world class organization with a stellar business application suite. I look forward to joining a team of such high-caliber, talented people, all committed to revolutionizing the Software-as-a-Service industry," said Brumage. "Education is a vital spoke in the user adoption wheel and I am excited at the prospect of lending my expertise to the task of helping customers and partners achieve success in implementing and using NetSuite business software solutions."
About NetSuite
NetSuite Inc. is a leading vendor of on-demand, integrated business software application suites for small and midsized businesses. NetSuite enables companies to manage core business operations in a single system, which includes Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.
Kimberly Graham, Director of Channel Marketing
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Justin Foster, VP Professional Services
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Michael Ni, VP Industry Solutions & Ecosystems
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Adam Ross, VP Channel Sales
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Mike Forman, Controller
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Per Brondum Jakobsen, VP Product Management
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James Ramsey, VP Sales
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Tara Ryan, VP Marketing
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Board of Directors
Evan Goldberg
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Billy Beane
Mr. Beane is the general manager of Major League Baseball, Oakland A's. Known for taking one of the most traditional businesses in America — professional baseball — and redefining its most basic tenets, Mr. Beane has leveraged the power of mathematics to manage his team by using sophisticated statistical analysis in addition to traditional "gut instinct." Mr. Beane's executive talents and the organization's baseball philosophy were the subject of Michael Lewis' best-selling book "Moneyball: The Art of Winning an Unfair Game," which opened the eyes of many of the top sports executives and business CEOs from any industry or profession in the nation.
The Oakland Athletics have been a perennial postseason contender since Mr. Beane took over the general manager's duties in 1998, and in 2006 the team continued its winning ways by advancing to the American League Championship Series. The A's have compiled a 825-632- (.573) record over the last nine seasons, which is the second-best record in the American League and third best in all of baseball during that time frame, won three American League West titles (2000; 2002-03) and secured one AL Wild Card spot (2001). And they have done this all while having one of the lowest payrolls in Major League Baseball.
In addition, Oakland A's players have won numerous individual accolades over the last eight seasons, including two American League Most Valuable Player awards, a pair of AL Rookie of the Year honors and one AL Cy Young Award. The organization's farm system has also flourished under Mr. Beane. The A's have earned Organization of the Year honors three times under Mr. Beane (1998 Topps; 1999 Baseball America, Topps, Howe Sports Data; 2004 Topps).
Mr. Beane joined the A's front office staff in 1990 as the club's major league advance scout. In 1993, he was promoted to the assistant general manager's position. And in late 1997 he assumed the general manager's duties.
Earlier in his career, he was a first round draft pick (23rd overall) of the New York Mets in the 1980 June Free Agent Draft. He played six major league seasons as an infielder, outfielder and catcher for the Mets, Minnesota Twins, Detroit Tigers and Oakland A's. His final season in uniform was 1989 when he was a utility player on the A's World Championship team. Mr. Beane retired as an active player in the spring of 1990.
Mr. Beane is a frequent speaker before some of the top companies in the nation. He also sits on the Board of Directors for a number of companies such as Riddell, the official helmet company of the NFL and PROTRADE, a sports entertainment company.
Deborah Farrington
Ms. Farrington is a founder and partner of StarVest Partners, L.P., a New York City based venture capital firm that invests in software, ecommerce and business services. Founded in 1998, StarVest has invested in 25 companies. Having served on the boards of many private and public companies previously, Ms. Farrington currently sits on the Boards of NetSuite, Fieldglass, ComparisonMarket (Insurance.com) and Perquest on behalf of StarVest. She is also a director and chairman of the Compensation Committee and member of the Audit Committee of Collectors Universe, Inc. (NASDAQ: CLCT).
Prior to founding StarVest, Ms. Farrington held positions including: President and CEO of Victory Ventures, LLC, a New York-based private equity investment firm; and Managing Director of Asian Oceanic Group, a Hong Kong-based merchant bank. Earlier in her career she was in management positions spanning international and domestic investment banking and securities analysis with Merrill Lynch & Co. based in New York, Hong Kong and Tokyo.
She is a graduate of Smith College and holds an MBA from Harvard Business School.
Keith Grinstein
SEASONED EXECUTIVE AND TECHNOLOGY FUNDING VETERAN KEITH GRINSTEIN JOINS NETSUITE'S BOARD OF DIRECTORS
SAN MATEO, Calif. — February 5, 2007 — NetSuite, Inc., the leader in on-demand business software suites, today announced that Keith Grinstein was appointed to NetSuite's board of directors. Mr. Grinstein has more than fifteen years of executive and board experience spanning across the telecommunications, Internet, and venture capital industries. He currently serves as chairman of Coinstar Inc. (NASDAQ: CSTR) and as a member of the board directors and audit committees of F5 Networks (NASDAQ: FFIV), Labor Ready (NYSE: LRW), and Nextera (NASDAQ: NXRA).
Mr. Grinstein joins NetSuite's board of directors, which consists of Evan Goldberg, founder and CTO of NetSuite; Zach Nelson, CEO of NetSuite; Billy Beane, general manager of the Oakland Athletics, Deborah Farrington, founder and general partner of StarVest Partners, L.P.; Steve Fink, CEO of Lawrence Investments, LLC; and Philip Simon, president of Lawrence Investments, LLC. For more information please visit www.netsuite.com/grinstein
"Keith brings a wealth of experience as an audit committee member, business executive and successful technology investor," said Evan Goldberg, chairman, co-founder, and chief technology officer of NetSuite. "With his exceptional operational, strategic and legal experience, Keith is an invaluable addition to our board."
"This is an exciting time for Software as a Service, and NetSuite is an emerging leader in the space," said Grinstein. "I am especially impressed with the business efficiencies and executive and boardroom operational visibility that NetSuite gains by running its business on its own service."
Grinstein is a currently a partner of Second Avenue Partners, a venture capital firm which is focused on emerging Internet businesses. He has held a number of senior executive positions, serving previously as Nextel International Inc.'s president and chief executive officer and prior to that as president and chief executive officer of the Aviation Communications Division of AT&T Wireless (formerly McCaw Cellular Communications).
Mr. Grinstein is an experienced public company audit committee member and has lectured extensively on Sarbanes-Oxley compliance. In 2003, Mr. Grinstein testified in front of the US Senate Banking Committee on behalf of NASDAQ small and mid-cap companies regarding the effects of Sarbanes-Oxley legislation. Mr. Grinstein is also a frequent lecturer on Section 404 of Sarbanes-Oxley, executive compensation and director duties; and has lectured on director duties at the University of Washington Business School and Seattle University Law School.
A successful venture capitalist, Mr. Grinstein was a seed-capital investor in Amazon.com (NASDAQ: AMZN). He is a founding partner of Second Avenue Partners, a VC group funding Pacific Northwest early-stage companies. In addition, he has been a driving force behind structuring a number of leading companies including Pathogenesis, VaxGen (VXGN: PK), Tegic, HouseValues (NASDAQ: SOLD), Wireless Services, Nordstrom.com of Nordstrom Inc. (NYSE: JWN), Superconductor Collider Corporation, Neah Power (NPWS: PK), Insitu, and Ice Energy.
Earlier in his career, Mr., Grinstein held the position of senior VP, general counsel and secretary for Lin Broadcasting and vice president and assistant general counsel for McCaw Cellular Communications.
Grinstein holds a B.A. in education from Yale University and a J.D. magna cum laude from Georgetown University Law Center.
About NetSuite
Named as the fastest-growing software company in the Silicon Valley by Deloitte's 2005 Silicon Valley Technology Fast 50 study, NetSuite, Inc. is the leader in on-demand business software suites. NetSuite® enables companies to manage key business operations in a single system, which includes accounting/Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce.<
Philip Simon
Mr. Simon is president of Lawrence Investments, LLC, a privately owned investment firm specializing in technology focused private equity investments. Lawrence Investments, LLC is the parent company of Tako Ventures, LLC, one of NetSuite's major investors. Mr. Simon serves on the boards of several private companies affiliated with Lawrence Investments, LLC. Mr. Simon is also a CPA in private practice and has more than 25 years experience consulting on tax and financial matters. Mr. Simon holds an A.B. from Yale University and a J.D. from Stanford Law School.
Kevin Thompson
FORMER RED HAT AND SAS CFO KEVIN THOMPSON JOINS NETSUITE'S BOARD
SAN MATEO, Calif. — February 13, 2007 — NetSuite, Inc., the leader in on-demand business software suites, today announced that Kevin Thompson has been appointed to NetSuite's board of directors. Mr. Thompson brings nearly 20 years of corporate finance, strategic planning and executive management experience to the NetSuite board. Mr. Thompson currently serves as chief financial officer at SolarWinds, a leading provider of Windows-based network management, network monitoring and network discovery software applications. Prior to SolarWinds, Mr. Thompson was senior vice president and chief financial officer at SAS, the largest privately held software company in the world. Before that, he was chief financial officer, treasurer, and an executive vice president of Red Hat, Inc. (NASDAQ: RHT), the world's leading provider of Linux and open source solutions to the enterprise. For more information on NetSuite's board of directors, please visit www.netsuite.com/thompson
"Kevin is a veteran in high-tech finance," said Evan Goldberg, chairman, co-founder, and CTO of NetSuite. "His exceptional experience as CFO of Red Hat and extensive experience in managing financial and accounting matters for one of the first and most significant subscription software revenue businesses will be invaluable to NetSuite as we extend our leadership in on-demand business application suites."
"NetSuite is leading the explosion in SaaS market adoption, and I look forward to bringing my industry knowledge and working with the NetSuite team," said Thompson. Earlier in his career, Mr. Thompson served as a partner in the Global Technology Industry Group of PricewaterhouseCoopers LLP, where he managed operations, debt and equity offerings, and mergers and acquisitions for public and private technology companies.
About NetSuite
Named as the fastest-growing software company in the Silicon Valley by Deloitte's 2005 Silicon Valley Technology Fast 50 study, NetSuite, Inc. is the leader in on-demand business software suites. NetSuite® enables companies to manage key business operations in a single system, which includes accounting/Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite is delivered as an on-demand service, so there is no expensive hardware to procure, no large, up-front license fee, and no complex set-ups. Finally, NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into role-specific business information that is always up-to-date. For more information about NetSuite, visit: www.netsuite.com.
NOTE: NetSuite and the NetSuite logo are service-marks of NetSuite, Inc.
Steven Fink
Mr. Fink is CEO of Lawrence Investments, LLC, a venture with Larry Ellison that owns and manages Mr. Ellison's non-Oracle investments. Lawrence Investments has invested in numerous technology, medical, and biotechnology companies, several of which are now public.
Previously, Mr. Fink was a founding partner, Managing Director and Vice Chairman of Knowledge Universe, a company formed to acquire, build, incubate and manage companies in the education industry. Although most of the company's investments have been distributed to its partners, the aggregate revenues of the various companies exceeds $2 billion, Knowledge Universe was one of the world's largest pure education companies.
Mr. Fink was formally Chairman and Chief Executive Officer of Anthony Manufacturing Company, a specialty glass manufacturer with plants in the United States, Japan, Italy and Venezuela.
Mr. Fink has extensive expertise spanning acquisitions analysis, corporate financing and business operations and development. Throughout his career he has been involved with a large number of privately held and public companies and various investment vehicles in the media, telecommunications, technology, health care, and educational sectors.
He serves as Chairman of the Board of LeapFrog Enterprises (NYSE: LE), the largest designer, developer, and marketer of innovative technology-based educational products and related proprietary content. Additionally, he serves as the Vice Chairman of Heron International, a European real estate company. Mr. Fink serves as a Director of numerous companies including Spring Group, PLC (SRG.L), one of the largest information technology service companies in the United Kingdom; C-COR, a company providing infrastructure for cable and VOIP services world-wide; and Nobel Learning (NASDAQ: NLCI), an educational company engaged in the business of operating elementary and pre-schools. Mr. Fink is also a member of the board of various private companies, including Quark Biosciences, an Israeli-based biotechnology company; and NetSuite.
Mr. Fink is a member of the UCLA Foundation Board and The American College of Physicians Foundation Board.
Rob Ward
Rob Ward was a founder of Meritech in 1999 and leads Meritech's investment practice in the enterprise infrastructure and data center markets including storage, security and database sectors. Rob joined Meritech from Montgomery Securities/Banc of America where he was a principal in the Private Equity Group, raising late stage capital for private information technology companies. Prior to joining Montgomery, Rob was with Smith Barney, where he spent five years in the Corporate Finance Department in New York and San Francisco. Rob received a B.A. degree from Williams College and a M.S. degree from the Massachusetts Institute of Technology.
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