Jan 17 (Reuters) - Cornerstone Ondemand Inc ::CORNERSTONE ONDEMAND ANNOUNCES CORPORATE GOVERNANCE CHANGES.CORNERSTONE ONDEMAND - TO MAKE SEVERAL CHANGES TO CORPORATE GOVERNANCE STRUCTURE AS PART OF STRATEGIC TRANSFORMATION PLAN OUTLINED IN NOV 2017.CORNERSTONE ONDEMAND SAYS WILL SEPARATE CHAIRMAN OF BOARD AND CEO ROLES AND MOVE TO DECLASSIFY ITS BOARD OF DIRECTORS.CORNERSTONE ONDEMAND INC - PLANS TO SEPARATE CHAIRMAN AND CEO ROLES WHEN A NEW CHAIRMAN IS APPOINTED.CORNERSTONE ONDEMAND - CHAIRMAN AND CEO ADAM MILLER TO CONTINUE TO SERVE AS CEO ONCE NEW CHAIRMAN APPOINTMENT IS MADE.CORNERSTONE ONDEMAND -PROPOSAL TO DECLASSIFY TO APPEAR ON BALLOT AT 2018 ANNUAL MEETING, REQUIRES SUPPORT OF HOLDERS OF 70 PERCENT OF SHARES FOR ADOPTION.CORNERSTONE ONDEMAND INC - IF STOCKHOLDERS APPROVE PROPOSAL, DIRECTORS STANDING FOR ELECTION IN 2019 AND BEYOND WOULD BE ELECTED TO ONE-YEAR TERMS.
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Dec 18 (Reuters) - Cornerstone Ondemand Inc ::SILVER LAKE GROUP L.L.C. REPORTS 10.8 PERCENT STAKE IN CORNERSTONE ONDEMAND INC AS ON DEC 8 - SEC FILING.
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Dec 6 (Reuters) - Cornerstone Ondemand Inc ::CORNERSTONE ONDEMAND SAYS ON DEC 4, CO APPROVED A RESTRUCTURING PLAN TO REDUCE HEADCOUNT OF COMPANY'S GLOBAL SERVICE DELIVERY TEAM - SEC FILING.CORNERSTONE ONDEMAND - EXPECTS SERVICE DELIVERY HEADCOUNT REDUCTIONS TO BE COMPLETED BY MARCH 2018.CORNERSTONE ONDEMAND - EXPECTS SALES HEADCOUNT REDUCTIONS TO BE COMPLETED BY DEC 2017.CORNERSTONE ONDEMAND - RESTRUCTURING PLAN INCLUDES TOTAL WORKFORCE REDUCTION OF APPROXIMATELY 6 PERCENT.CORNERSTONE ONDEMAND - EXPECTS TO INCUR ABOUT $5.0 MILLION OF EXPENDITURES IN CONNECTION WITH RESTRUCTURING.CORNERSTONE ONDEMAND - EXPECTS TO RECOGNIZE MOST PRE-TAX WORKFORCE RELATED RESTRUCTURING CHARGES IN QTRS ENDED DEC 31, 2017 & MARCH 31, 2018.
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Dec 5 (Reuters) - Cornerstone Ondemand Inc ::RGM CAPITAL LLC REPORTS 5.28 PERCENT STAKE IN CORNERSTONE ONDEMAND INC AS OF NOV. 30, 2017 - SEC FILING.RGM CAPITAL INITIATED DIALOGUE WITH CORNERSTONE ONDEMAND REGARDING STRATEGIC, OPERATING MARGIN-ENHANCING OPPORTUNITIES FOR CO.
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Nov 8 (Reuters) - Cornerstone Ondemand Inc :Cornerstone OnDemand announces third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.12.Q3 loss per share $0.26.Q3 revenue $121.8 million versus I/B/E/S view $119 million.Sees FY 2017 revenue $479 million to $487 million.Q3 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.
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Nov 8 (Reuters) - Cornerstone Ondemand Inc :Cornerstone OnDemand announces $300 million strategic investment led by Silver Lake to accelerate next phase of growth.Cornerstone OnDemand - silver Lake & Linkedin will make a $300 million strategic investment in cornerstone.Cornerstone OnDemand - intends to use proceeds of new investment to repay existing convertible debt and repurchasing common shares.
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