Zach Nelson
Zachary A. Nelson served as president and chief executive officer of NetSuite, Inc. prior to its acquisition by Oracle Corp.
Early life and education
Nelson was born in Omaha, Nebraska in 1961, and was one of 10 children. He holds B.S. and M.A. degrees in biological sciences and anthropology respectively from Stanford University.Career prior to NetSuite
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.
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
CEO of NetSuite since 2002, Nelson led the company's successful IPO in December 2007 and its rise from startup to become one of the industry's leading cloud computing companies. During his tenure, NetSuite grew from a startup with annual sales of $1 million to revenue of $1 Billion in 2017 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.Under Nelson, NetSuite released global business management software suite NetSuite OneWorld in 2008 and the B2C and B2B ecommerce platform NetSuite SuiteCommerce in 2012.
Nelson also spearheaded NetSuite's acquisition of commerce marketing software company Bronto in 2015 social HR player TribeHR in 2014 and of OrderMotion, Retail Anywhere and Venda in 2013.
In 2016, NetSuite reached a $1 billion run rate. NetSuite was acquired by Oracle for $9.3 billion on November 7, 2016, making it the third largest software company acquisition by enterprise value in the industry.