Zach Nelson

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For the screenwriter, see Zach Nelson (screenwriter).
Zach Nelson
Zach-nelson-large.jpg
Zach Nelson, NetSuite CEO
Born Zachary A. Nelson
Omaha, Nebraska, USA
Occupation President & CEO of NetSuite
Website
NetSuite.com

Zach Nelson is President and Chief Executive Officer of NetSuite, Inc.

Early life and education[edit]

Nelson was born in Omaha, Nebraska in 1961. He holds B.S. and M.A. degrees in biological sciences and anthropology respectively from Stanford University.

Career prior to NetSuite[edit]

Nelson held a variety of executive positions in the high-tech industry, spanning marketing, sales, product development and business strategy with leading companies such as Oracle Corporation, Sun Microsystems, and McAfee/Network Associates.

Early in his career, Nelson was responsible for creating the "Powered by Motorola" ingredient brand for the Motorola 68000 microprocessor while he was working at Cunningham Communication.[1]

At Sun, Nelson drove the marketing and branding of the first version of the Solaris operating system, and led the product and corporate marketing effort at the company's SunSoft Division. He was then Vice President, World Wide Marketing at Oracle Corp., where he was responsible for global marketing strategy and implementation. Nelson, at 31 years old, was the youngest VP of Marketing in Oracle's history.

While at McAfee, Nelson helped lead the company's expansion into the network management arena with the $1.4 billion acquisition of Network General. Later, as CEO of NAI subsidiary, myCIO, he created the world's first business-to-business security application services provider.

NetSuite[edit]

CEO of NetSuite since 2002, Nelson led the company's successful IPO in December 2007 [2] and its rise from startup to become one of the industry's leading cloud computing companies.[3] During his tenure, NetSuite has grown from a startup with annual sales of $1 million to fiscal 2014 total revenue of $556.3 million [4] with a global customer base of approximately 24,000 mid-size and enterprise companies and subsidiaries. NetSuite’s market capitalization was put at $7.8 billion as of March 2015 in an index of public cloud computing companies tracked by venture capital firm Bessemer Venture Partners.[5]

Under Nelson, NetSuite released global business management software suite NetSuite OneWorld in 2008 and the B2C and B2B ecommerce platform NetSuite SuiteCommerce in 2012.[6]

Nelson also spearheaded NetSuite’s acquisition of social HR player TribeHR in 2014 and of OrderMotion, Retail Anywhere and Venda in 2013.

Influence and honors[edit]

Nelson has won multiple awards and received many accolades in his career including being named to CRN’s 25 Most Influential of 2014 list, which highlights individuals who made the largest impact on the technology industry in the year.[7] Nelson was also named to 2013 Business Insider’s 50 Most Powerful People in Enterprise Tech list,[8] and to Fortune magazine’s 2012 Businessperson of the Year list.[9] Under Nelson’s leadership, NetSuite was named to Forbes Most Innovative Growth Companies 2014 list [10] and to Forbes America’s 100 Most Trustworthy Companies 2013.[11]

Additional background[edit]

He is an investor in Curbed.com, a popular real estate blog network with sites in New York, San Francisco and Los Angeles[12] that was acquired by Vox Media,[13] an investor in Medstory, later acquired by Microsoft,[14] and an investor in Immunet, later acquired by Sourcefire.[15] Nelson is also an investor in Tosca Cafe, a San Francisco restaurant.

Nelson holds a software patent that covers a method for integrating software applications and codifying them into a single architecture.[16]

His hobbies include abalone hunting.[17]

References[edit]

  1. ^ IT Business Edge, October 10, 2008. There's Method Behind Zach Nelson's Madness
  2. ^ Liedtke, Michael (December 20, 2007). "NetSuite shares surge 36 pct in debut". USA Today. Retrieved January 21, 2012. 
  3. ^ "NetSuite's Sweet Spot". Forbes. August 6, 2006. Retrieved January 21, 2012. 
  4. ^ "NETSUITE ANNOUNCES FOURTH QUARTER AND FISCAL 2014 FINANCIAL RESULTS". NetSuite.com. January 29, 2015. Retrieved April 20, 2015. 
  5. ^ Hesseldahl, Arik (March 3, 2015). "NetSuite CEO Nelson Talks the ‘End of the Beginning’ of Cloud Software Era". Re/Code. Retrieved April 20, 2015. 
  6. ^ Hesseldahl, Arik (May 15, 2012). "Netsuite Turns Commerce Into a Cloud Service". All Things Digital. Retrieved April 20, 2015. 
  7. ^ Burke, Steve (August 11, 2014). "The 25 Most Influential Of 2014". CRN. Retrieved April 20, 2015. 
  8. ^ "The 50 Most Powerful People In Enterprise Tech". Business Insider. June 29, 2013. Retrieved April 20, 2015. 
  9. ^ the Editors of Fortune magazine (November 16, 2012). "2012 Businessperson of the Year". Fortune Magazine. Retrieved April 20, 2015. 
  10. ^ "Most Innovative Growth Companies". Forbes.com. June 1, 2014. Retrieved April 20, 2015. 
  11. ^ Smith, Jacquelyn (March 18, 2013). "America's 100 Most Trustworthy Companies". Forbes.com. Retrieved April 20, 2015. 
  12. ^ Matt Marshall (October 31, 2007). "Curbed.com raises $1.5M for real estate blog network". VentureBeat. Retrieved January 21, 2012. 
  13. ^ Peter Kafka (November 10, 2013). "Vox Media Spends Some of Its Giant Funding Round on Lockhart Steele’s Curbed Network". All Things Digital. 
  14. ^ Matt Marshall (February 26, 2007). "Microsoft Buys Health Search Engine, Medstory". VentureBeat. 
  15. ^ Sarah Lacy (January 5, 2010). "Cloud Security Heats up as Sourcefire Pays $21M for Immunet". TechCrunch. 
  16. ^ Clancy, Heather (September 24, 2013). "Disruptor: Zach Nelson, CEO, NetSuite". ZDNet. Retrieved April 20, 2015. 
  17. ^ Williams, Alex (December 4, 2005). "Wheels and Deals in Silicon Valley". The New York Times. Retrieved January 21, 2012. 

External links[edit]