Taleo Appoints Divesh Sisodraker as Chief Financial Officer
Former CFO of Pivotal Corporation joins Taleo executive team to facilitate continued growth
San Francisco, CA—April 11, 2005 – Michael Gregoire, President and CEO of Taleo Corporation, a worldwide leader of on-demand talent management solutions, today announced the appointment of Divesh Sisodraker to chief financial officer.
Gregoire stated, “We are pleased to welcome Divesh to our executive team as we continue to grow and expand our operations on a global basis. Divesh brings a valuable and unique blend of finance, operations and software experience to Taleo, having worked with both public and private companies. With his extensive finance experience and in-depth knowledge of the software industry, Divesh’s expertise will be paramount to our success as we continue to grow our operations. I am confident in his ability to both significantly grow Taleo and help enhance our company’s operational excellence.”
Prior to joining Taleo, Sisodraker served in a variety of executive management roles at Pivotal Corporation, a leading CRM provider and NASDAQ listed company acquired in 2004 by CDC Software. During his tenure with Pivotal, he served as President and CEO, where he led the company during a significant period of growth and profitability. Also during his time at Pivotal, Sisodraker served as the company’s CFO, where he drove operational excellence through a series of initiatives across all business units and functions globally.
While at Pivotal, Sisodraker also served as vice president, corporate development, where he was responsible for the company’s acquisition strategy and the development of strategic alliances with a variety of market partners. Prior to his time at Pivotal, Sisodraker was finance director and treasurer at A.L.I. Technologies (a subsidiary of McKesson Medical Imaging), managing all regulatory, intellectual property, and merger and acquisition activities. Prior to this, Sisodraker worked for HSBC Investment Bank in Asia and with KPMG.
Sisodraker stated, “Taleo represents a significant opportunity at the intersection of two compelling market trends – the emergence of talent management as a business imperative and the proliferation of the software on demand business model. I am delighted to join the company and its executive team and look forward to growing the company’s business operations and solutions on a global basis.”
About Taleo Corporation
Taleo is a worldwide leader of on-demand Talent Management Solutions covering salaried, hourly and contingent workers. Taleo helps organizations of all sizes improve business performance by more effectively acquiring, deploying, retaining, measuring and managing their workforces. For the first time, Taleo arms HR executives and staffing directors with the capability to wring out talent management costs, respond more quickly to organizational demands and drive workforce quality. Taleo turns talent management into a source of value, competitiveness and workforce performance management. Taleo serves the world’s most demanding businesses and is one of the world’s largest ASP’s with more than 400,000 users across 87 countries and 24 million candidates from virtually all countries in the world.
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