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Cornerstone OnDemand Founder Miller Steps Away From CEO Post

Santa Monica-based Cornerstone OnDemand says that its founder and CEO, Adam Miller, has stepped away from the company's CEO role, after more than 20 years. According to Cornerstone OnDemand, Miller will become co-chair of Cornerstone's Board of Directors. Replacing Miller in the CEO role will be Phil Saunders, the former CEO of Saba Software. According to a statement from Miller, he is now looking to "commit more fully to my passion for social entrepreneurship and public service." Prior to his role as CEO of Saba Software, Saunders spent 20 years at Gemalto.