Dave Arkley

Chief Operating Officer & Chief Financial Officer at Cornerstone OnDemand

Greater Seattle Area

About

Executive with more than 25 years of operational, finance, and technology experience. Currently COO & CFO of Cornerstone OnDemand, a leading HCM provider and one of the largest privately held (Clearlake Capital) global software companies. Previously Chief Financial Officer at Gigamon Inc, the PE (Elliott Management) backed leading provider of visibility/deep observability solutions helping to secure the world's largest, most sensitive and complex networks. Over his tenure Dave had responsibility for the finance, legal, supply chain, IT, and business operations functions, served as the interim CEO, and led multiple equity and debt recap transactions. Dave came to Gigamon from IDS/Solifi, a global leader providing software and solutions to the banking and financial services industries, where he was the CFO with responsibility for the finance, legal, IT, human capital, and business operations functions. Prior to Solifi, Dave was Chief Financial Officer at Vertafore, Inc., the PE-backed leading provider of cloud-based software and services to the insurance industry with over 25,000 customers. Dave was critical driver of the company's $2.7B sale from TPG to Bain Capital and Vista Equity Partners. Previously, Dave was CFO at Edifecs, Inc., a rapidly growing healthcare software company with one of the largest footprints in the healthcare insurance space. Dave joined Edifecs from Parallels Inc., a global cloud and virtualization software leader. As CFO at Parallels, he helped lead the company through a key period of growth and transformation, including driving strategic investments and partnerships with Cisco and Ingram Micro (which ultimately led to the subsequent sale of the company's cloud automation business unit to Ingram). Prior to Parallels, Dave was CFO of Itron, Inc’s (NASDAQ: ITRI) $1B+ international organization, overseeing financial and business operations serving customers in over 130 countries around the world. Dave served in a variety of roles within Itron, including as CFO of Itron North America, where he was critical in positioning the domestic business to grow to $1B+ in revenue, and as Vice President of M&A where he led the $1.7B acquisition of Actaris. During his tenure with Itron, Dave played a key role in helping grow the company from $300M to $2B+ in revenue. Dave joined Itron in 2003 with the acquisition of Silicon Energy, a privately held energy software company, where he was Vice President of Finance. Prior to Silicon Energy, he was with OnDisplay. Inc., through their IPO and subsequent $1.7B sale to Vignette Corporation.

Experience

  • Chief Operating Officer & Chief Financial Officer at Cornerstone OnDemand
    Oct 2024 - Present · 1 yr 10 mos

  • Chief Financial Officer at Gigamon
    Jul 2018 - Sep 2024 · 6 yrs 3 mos

  • Chief Financial Officer at International Decision Systems
    Oct 2017 - Jun 2018 · 9 mos

  • Chief Financial Officer at Vertafore
    Nov 2015 - Apr 2017 · 1 yr 6 mos

  • Chief Financial Officer at Edifecs
    Jan 2014 - Sep 2015 · 1 yr 9 mos