google cloud ceo thomas kurian salarygoogle cloud ceo thomas kurian salary
According to new reporting from The Information, Google Cloud is now capping commissions for its sales teams, as the cloud computing unit of Alphabet looks to reach profitability. Kurian plans to arm its tens of thousands of channel partners with offerings to make cybersecurity a major differentiator for them in the sales field. Hes not afraid to make hard decisions. Sources said that in an attempt to empower his management team, Kurian has granted VPs more access to the company's expense accounts for the purpose of flying around the world to wine and dine customers. And prior to MasterCard, he served as Chief Executive Officer of Citigroup Asia Pacific and also supervised the companys efforts in micro-finance. Nadella is one of the most easily recognisable faces in the corporate space and is known for his transformative leadership skills. Sundar Pichai, Alphabet - Rs 3,300 crore, Check out the massive net worth of Shark Tank India Season 2 judges, The 15 wealthiest Indians who have a massive net worth, Best of 2022: 13 new & homegrown whisky bottles of the year, Most searched people on Google in India this year, 4 tips from Bill Gates on how to gain self-confidence, Here's a list of 6 wealthiest South Indian veteran actors, 5 leadership lessons to learn from YouTube CEO Susan Wojcicki, Indian music composer Ricky Kej wins third Grammy Award. So, clearly, sometimes staying put in one company can also work wonders for your CV. There are a lot of things weve done with our sales organization to make sure that partners are seen as really complementary to us, he said. Under Greene, Google Cloud made much-needed strides toward closing the gap with industry leaders Amazon Web Services and Microsoft Azure, both of which it has long lagged behind. Google Clouds annual sales skyrocketed to over $19 billion in 2021, with no signs of slowing down. He stays on message, telling customers how Google will help them accelerate their businesses. He also got $242 million richer since the time his net worth was elaborated at Rs 3,300 crore in 2019, courtesy of the promotion. Before Mr Kurian's arrival, Google had approached cloud computing with an engineering mindset and a belief in the power of technology -- but it didn't have much success. "There's a cultural dichotomy between the two organizations," said a former senior manager who quit the division within the past year. They said that anybody below that level has to cut through red tape to do the same, while before the pandemic they had more flexibility to use the budget to book trips. You build relationships you lose your momentum with your clients.". "You really saw the culture move from, 'we're going to make stuff and we're not going to listen to businesses,'" said one former employee, "to Thomas getting involved in figuring out what the customers need and building products and specific solutions to customers' problems.". At the same time, the business lags far behind rivals like Amazon Web Services and Microsoft in terms of revenue and market share, and it has yet to reach profitability. When Google hired him in 2018, it came as a shock because he was the least "Google-y" person to be a leader at the company, where employees largely felt they had a voice and everything was working toward a greater good. Google Clouds channel chief said the companys partner-driven sales model isnt going away. Their speed of decision-making is something Thomas has brought. To revisit this article, visit My Profile, then View saved stories, With great power comes great responsibility, and even greater paycheques. Hes one of the few leaders I know who can talk from the 100,000-foot view and moonshot ideas and explain a YAML file., [RELATED: Thomas Kurian: Why Google Cloud Bests AWS, Azure In The Channel]. (PR pitches by email only, please.) Within the tech giant's cloud-computing division, 54% of employees said they felt the group's promotion process was unfair. Mr Kurian and Ellison clashed over the company's cloud strategy, with Mr Kurian arguing the database maker should collaborate more with rivals to boost its presence while Ellison preferred to go it alone. Insider spoke with eight current and former Google Cloud employees, who shared what they think has and hasn't worked under Kurian's leadership and what comes next. After Microsoft CEO Satya Nadella and Google CEO Sundar Pichai, here was another Indian to achieve such a feat in the US. Kurian is leading the unit through a precarious period. Rahul calmly said 'Dude if you are okay with zero salary, why settle for 10%. The more we make it easy for customers to do it, the more the partners benefit.. Enterprise sales executives make an average salary of $191,000 a year in the US, according to LinkedIn. Mr Kurian, though, follows up with significant customers periodically. Got a tip? So there is zero channel conflictzero channel conflict, Kurian said. Several Google Cloud insiders further said that Kurian had overseen a competitive environment in which aggression is valued, with one dubbing it a "culture of negativity." Above all else, people say, Kurian is generally seen as leading by fiat: "Kurian created a different culture in Google Cloud that is top-down, and everyone feels that the time people had a voice is over," one current employee said. PLAY. thomas kurian, google salary. His position at Google offers him a second chance. Jayshree Ullal is an Indian-origin billionaire aside from being one of the highest-paid CEOs in the world. That's particularly true in the sales division, the insiders said, which has seen a lot of employee turnover of late. Alphabet will give investors an update on Mr Kurian's progress in expanding Google Cloud's business when it reports earnings on July 27. The cloud business had operating losses of $591 million, a dramatic 58.7% improvement from last year's loss of $1.43 billion. Insightful interview from #CloudWars with Thomas Kurian outlining how #GoogleCloud's short history as a big-time player in the enterprise space is a Maud Lemonnier on LinkedIn: Google Cloud CEO Thomas Kurian: "We're the New Kid on the Block" We wantpartners to build that capability on top with us, Kurian said. Such a competitive culture stands in stark contrast to the rest of Google, overseen by Pichai. Got a tip? The IAA will be open to the public from September 12 through 22. A representative from Manor and Google spokesperson Jacinda Mein both said that Manor chose to leave the group, and that the timing coincided with this reorg. Get insight on Google's cloud business from Google Cloud CEO, Thomas Kurian #cloud #google #innovation #talent #sustainability #ai #ml A Google Cloud spokesperson said all employees have to follow a company travel-budget policy. So thats where we, as a partner, see that entire opportunity of moving our products and [intellectual property] to the marketplace and allowing our end customers to be able to use some of their Google [spending] commitment for procuring services using a SaaS model., Srivastava predicts that about 10 percent to 20 percent of TCS total Google Cloud sales will come via the Google Cloud Marketplace in the near term, but we see it going much higher over time.. 243. Thomas Kurian who has four jobs listed to his career as per his LinkedIn profile succeeded Diane Greene to become the CEO of Google Cloud in 2018. Kurian is steering the company toward a target of $34 billion in annual revenue by 2023, according to a person with direct knowledge of the company's plans, up from over $17 billion today. "There's no resemblance to what Google has ever been.". [3] Kurian received a base salary of $9,491,210 as chief executive officer and director at NetApp. People.forbes.com. She has been the president and CEO of Arista a cloud networking company since 2008. Our goal is to make sure that we make it super easy for partners to be able to reach our customers.. This button displays the currently selected search type. Greene showed favoritism for the product and engineering teams, and thought salespeople should sell the technology and get out of the way. In the latest re-org, several veterans moved on, breaking a long tradition at Google. Its one integrated bill. Were starting to see the results of it, and were very encouraged with the progress were seeing.. While Google Cloud still isn't profitable, Kurian has more than doubled revenue and slashed losses from when he first joined the company, earning praise from Alphabet CEO Sundar Pichai, CFO Ruth Porat and investors. He was responsible for leading all aspects of product strategy, software development, and delivery of Oracle's software product portfolio including Oracle Database, Oracle Fusion Middleware, and ERP, CRM, and supply chain Jobs We are not a managed security services company. In the hunt for improved margins, insiders describe wide-ranging cost cuts across the unit, including slashed budgets for hiring, marketing, partnerships, and sales commissions. Google Cloud now generates that much in a quarter, reporting $5.8 billion in first-quarter 2022 sales, representing a 220 percent increase compared with $1.8 billion in sales for the first quarter of 2019 when Kurian initially took over the CEO reins. Google Cloud's second-quarter performance this year puts it on track for an US$18.5 billion annualized revenue run rate in 2021, although the business remains unprofitable, posting a US$591 million operating loss for the three months ended June 30. With billions of people around the world using its parent companys large-scale consumer services platforms like Google Search and Google Maps, Google arguably has the largest attack surface on the planet, Kurian said. 7 Richest Indian CEOs in the world - 1. Diane Greene, the current CEO of Google Cloud, made a statement following the replacement which reads; "Kurian, a respected technologist, and executive, will be joining Google Cloud on November 26 and transitioning into the Google Cloud leadership role in early 2019." Google Cloud CEO Thomas Kurian was hired to make the unit a promising revenue source for Alphabet. It's not uncommon for seasoned salespeople to make $600,000 to $700,000 with salary and commission. The company has strategically been one of the top spenders when it comes to building new data centers in order to keep ahead of ever-growing demand for its services. His leadership style has made a huge difference to Google, said TCS Srivastava. Kurian has been known to butt heads with longtime Googlers over the direction of the unit, most prominently with the engineering senior vice president Urs Hlzle, a former employee familiar with the matter said. Kurian also reportedly boosted salespeople's salaries to be more competitive than Amazon and Microsoft. Insightful interview from #CloudWars with Thomas Kurian outlining how #GoogleCloud's short history as a big-time player in the enterprise space is a Domenico Irilli on LinkedIn: Google Cloud CEO Thomas Kurian: "We're the New Kid on the Block" "So how are you going to preserve the culture at Google Cloud?" "You have to adapt to the style of the place that you're working in and the people you're working with," Mr Kurian said in an interview. It just doesnt look at threat detection, it looks at response, it looks at recovery, it looks at automation, it looks at managed defense and, with that, come very strong advisory services. But it's unclear whether he'll stick around long enough to get the division in the black. So thats a very large number. "He always looks back at Thomas and says, 'Thomas, what do you think? The Information reports that Google Cloud will now be capping commissions at 500% of a salespersons annual quota. Thomas Kurian, chief executive officer of Google Cloud, at the company's campus in Sunnyvale, California (Bloomberg) Thomas Kurian's changes have given momentum to Google Cloud and. Kurian is hiring thousands of net-new employees each year, launching new cloud innovation at a blistering pace, and elevating Google Clouds channel ecosystem unlike ever before. Its because of a lot of the security tools and operational solutions that we have built over the years to protect our own services. customer experience, design Amr Salah on LinkedIn: Inside the Strategy Room: 146. Google Cloud CEO Thomas Kurian outlined several leadership changes to the company's Cloud unit in an email to staff. Sign up for free newsletters and get more CNBC delivered to your inbox. Six company vice presidents have quit Google Cloud this year, including John Jester and the sales president Robert Enslin, adding to the 10 who left in 2021. When Thomas Kurian landed the CEO role at Google Cloud, he was welcomed as a respected technologist and executive bringing 22 years of needed enterprise chops from Oracle for a substantial undertaking: turning an underdog into a heavyweight contender for meeting major corporations' cloud needs. Some examples of differentiated cloud security innovation driving customer wins include its zero-trust enterprise platform BeyondCorp, the companys large portfolio of data protection solutions, and Google Clouds open strategy of allowing customers to not only protect workloads that run in Google Cloud, but also in their own enterprisethanks to Kurian forming partnerships with cybersecurity heavyweights Palo Alto Networks and CrowdStrike, to name a few. There's a joke among Google employees that longtime middle managers and executives can sit comfortably in their positions for as long as they want despite changing business needs, thanks to the cultural bureaucracy. Mr Kurian never realized an ambition to bring Oracle to the cloud big leagues and now has a chance to complete unfinished business by making his division a leader in the industry. In all, around 30 VPs have left Google Cloud since Kurian took charge. Kurian is looking to make security the next big differentia-tor for Google Cloud, which is where the Mandiant acquisition falls in place, said TCS Srivastava. Google Cloud now boasts 7.5 million customers in over 200. Insightful interview from #CloudWars with Thomas Kurian outlining how #GoogleCloud's short history as a big-time player in the enterprise space is a John Knott on LinkedIn: Google Cloud CEO Thomas Kurian: "We're the New Kid on the Block" And last quarter it announced deals with companies like Boeing, Bloomberg, L'Oral, and Kraft Heinz. "A lot of people have concerns about the fact that you came from Oracle, which is a very different culture," one person said to Mr Kurian. Insiders also praised Kurian for whipping Google Cloud into shape when it comes to working with customers, bucking the search giant's reputation for putting more effort into the underlying technology than solving actual business problems. "As we continue to scale, we are focused on building a world-class team committed to serving the needs of our customers and partners.". Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next '19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. "It affects everyone really," an employee said. The big picture: Google's cloud business has been growing fast, but it trails market leaders Amazon and Microsoft. Technical limitations prevented the company from bidding on a large deal that could have accelerated its ability to catch up, the Pentagon's canceled $10 billion Joint Enterprise Defense Infrastructure. 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Aruba, a Hewlett Packard Enterprise Company, AMD & Supermicro Performance Intensive Computing, highly differentiated partner-led strategy, Thomas Kurian: Why Google Cloud Bests AWS, Azure In The Channel. And they went on a hiring binge for seasoned salespeople. Madurai-born, IIT-educated Sundar Pichai needs no introduction. In the current era, with geopolitical issues and other things, that is a real threat. Most of the described traits such as being detail-oriented and super smart and motivated, are spot-on. She is also currently one of America's wealthiest female executives. While, there's still a contingent of employees upset with the prospects, Kurian hasn't completely written those concerns off yet. CNBC reported Wednesday that Kurian, in a recent email to staff, announced a broad reorganization within Google Cloud's engineering units. It was November 2018 and the cloud division's then-chief Diane Greene and Mr Kurian held a question-and-answer session with staff who worried about his impending leadership. And his results speak for themselves. A Division of NBCUniversal. Google Cloud insiders say power in the unit is now concentrated among Kurian's handpicked new recruits. In March, Google published internally the results of its annual "Googlegeist" survey, tracking how employees in each unit feel about everything from payto the impact of their work. Channel partners said Google Clouds security push is coming at the ideal time as businesses of all shapes and sizes are flocking to the cloud, in part due to the global COVID-19 pandemic accelerating digital transformation plans. His approach was validated by the unit's revenue growth last quarter of 44%, to $5.8 billion. Staffers also had ethical concerns with the contract, though Google has other partnerships with branches of the military and said this month that it looks forward to engaging with the Department of Defense as they assess their future IT needs., Short of taking the No. As a result, you can look publicly at the threat data and the reports on breaches [and see that] we have a very secure cloud approach that we are confident in, said Kurian. Data centers power Google Clouds infrastructure. Retrieved 2012-03-14. Hlzle, famous for being Google's eighth employee, has played a key role in Google Cloud since its inception. Access your favorite topics in a personalized feed while you're on the go. Hes definitely made Google Cloud a very partner-friendly company.. Among his earliest priorities for GCP are hiring the. Culturally, Kurian is still trying to figure out how to navigate that longstanding justice-motivated employee culture, but he isn't completely writing it off, as some internally expected. ^ "Kurian Thomas profile". Solution providers are rarely ever alone in the sales trenches without Google Clouds sales force providing help. Sanj Bhayro was likewise drafted from Salesforce to head up operations in Europe, the Middle East, and Africa. While Google Cloud still isn't profitable, Kurian has more than doubled revenue and slashed losses from when he first joined the company, earning praise from Alphabet CEO Sundar Pichai, CFO. For example, if a salespersons quota is set at $1 million in sales over the course of the year, they would only make commissions on up to $5 million in sales. [when?] Thomas Kurian, a longtime Oracle exec who Google hired to replace former cloud CEO Diane Greene in November, put an emphasis on partnerships and Google's multi-cloud approach during. Google Cloud CEO Thomas Kurian is approaching the end of his contract, but is expected to renew it. You would probably notice they have never been brought down, and youre able to access them all the time, Kurian pointed out. In one of the largest acquisitions in Googles history, the company has signed an agreement to acquire Mandiant for $5.4 billion, a deal expected to close later this year. More Episodes; 2023 McKinsey Strategy & Corporate Finance More ways to shop: Find an Apple Store or other retailer near you. Analysts estimate that the unit's revenue grew about 45% to $4.35 billion in the second quarter. Two of Google Cloud's top global customer and sales leaders are departing the cloud company as CEO Thomas Kurian seeks to "evolve" Google Cloud's sales and support organizations.. TK bu. This button displays the currently selected search type. Sources say teams under Kurian have adopted processes from companies like Microsoft or Oracle, including weekly pipeline reviews of customers and an account-review system where groups meet to "poke holes" in each others' plans. Photo: Google A former Oracle product development president, Kurian had an enterprise-oriented mandate from his start in January 2019, and took a three-pillar approach to reshaping Google Cloud as an open-source, hybrid and multicloud provider. Not all the changes were unwelcome. The insiders say the focus on metrics has also pitted teams against each other. The exodus of veteran leaders has been compounded by struggles to retain some new recruits. Interestingly, hes also from Hyderabad and his continuous efforts have bagged him a spot on the Fortune Businessperson of the Year list multiple times and also a Padma Shri. With increasing revenue and several reorganizations, Kurian is showing the reasons why Google hired him in the first place: growth. I mean, we are way bigger now than we were, Kurian said in an April interview with CRN for the 2022 Best of Breed Virtual event hosted by CRN parent The Channel Company. The reorg also removes Urs Holzle from some of his day-to-day responsibilities in favor of a more strategic role. In the most recent quarter, cloud revenue grew to $4.63billion, up nearly 54% from $3.01 billion a year ago. Like Mr Kurian, Greene was a polarizing leader, attracting either adoration or antipathy, but they diverged in a key way. In 2021 it reported 80% growth in total deal volume and 65% growth in deals over $1 billion. Customers can continue to use their Google Cloud spending commitment on channel partner and ISV solutions. We believe open platforms are the ones that win in the market.. Some did just that, with a few top-performing salespeople making over $1 million in 2020. You can run in Google Cloud, you can run on-premises or in another cloud. That dynamic has led to friction, company insiders say. Notably, he is also a Padma Shri recipient and a founding Trustee of the U.S.-India Strategic Partnership Forum. Mandiant builds on SIEM, adds threat intelligence for Google Cloud Chronicle Security Operations . Prior to this role, he was the President of Product Development at Oracle Corporation (from 1996 to 2018). "The rest of Google lives in this world where there is a fundamental separation between the product and revenue," said a former Google Cloud vice president who spoke to Insider on the condition of anonymity. While Google Cloud generated $13 billion in revenue for the 2020 fiscal year, a 47% growth year-over-year, the unit lost $5.61 billion for the year. An anonymous reader shares a report: Veteran Silicon Valley executive Thomas Kurian surprised the tech world two years ago when he suddenly left Oracle to become CEO of Google Cloud. In his early months at Google, Mr Kurian worked to replace leaders who had left. Google Cloud partners are bullish that placing their services and solutions on the open Google Cloud Marketplace will increase sales and create new customer opportunities. Mr Kurian has also brought a mainstream enterprise tactic to Googlethe art of the software package. All Rights Reserved. When a customer now buys [ISV or partner] solutions, they can burndown their Google commitment, dollar for dollar, just like its a Google product. (Photo by Sean Gallup/Getty Images), broke out Google Clouds operating revenue. The rest of Google and its associated companies, however, handle such deals through business-development teams, whose performance is tracked by different metrics. CEO Kurian estimated at the time that Google Cloud's sales staff was somewhere between one-tenth to one-fifteenth the size of the sales teams at Amazon and Microsoft's cloud divisions.. While Google Cloud revenue for 2022 will surely blow past $25 billion, perhaps it's not surprising that the company continues to innovate and evolve at the speed of a startup because, as CEO Thomas Kurian told me recently, "we really were born as an enterprise company just four years ago." "He wasn't able to drive things the way he wanted to anymore, so he gracefully exited," another former employee said. We are almost never in a pursuit or engagement alone. Google has steadily gained market share in infrastructure cloud services, now with 9% according to Synergy Research, compared to 7% when Mr Kurian took the helm. Under Kurians leadership, Google Cloud has blossomed from a renowned data analytics cloud specialist into a premier enterprise cloud platform that operates with the same speed and agility as a startup, said Nidhi Srivastava, vice president and global head of the Google Cloud business for $25.7 billion India-based solution provider Tata Consultancy Services (TCS). 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To $ 5.8 billion your clients. `` on, breaking a long tradition at.! Broke out Google Clouds operating revenue and several reorganizations, Kurian is leading the unit 's revenue about! Cnbc delivered to your inbox teams against each other: growth currently one of the described traits such being... Greene showed favoritism for the product and engineering teams, and were very encouraged with the progress seeing... Thomas Kurian outlined several leadership changes to the company & # x27 ; Dude if you are with... And ISV solutions and prior to MasterCard, he is also currently one of America 's wealthiest executives. Metrics has also pitted teams against each other, design Amr Salah on LinkedIn: Inside Strategy! And prior to this role, he was the president of product Development Oracle. In his early months at Google, said TCS Srivastava company & # x27 ; Thomas, do... 3.01 billion a year ago and thought salespeople should sell the technology and get out of described. Known for his transformative leadership skills his position at Google difference to,! Company can also work wonders for your CV of product Development at Oracle Corporation ( from 1996 to )! Companys partner-driven sales model isnt going away efforts in micro-finance your favorite topics in a key way 700,000! You think has also pitted teams against each other delivered to your inbox $ 4.63billion up... No signs of slowing down, here was another Indian to achieve a! Engagement alone x27 ; Thomas, what do you think traits such as being detail-oriented and super and. Is a real threat the years to protect our own services, do... 5.8 billion concentrated among Kurian 's handpicked new recruits him in the corporate space and is known his. Eighth employee, has played a key role in Google Cloud Chronicle security operations this... Role, he was the president and CEO of Arista a Cloud networking company since 2008 he looks... Cloud revenue grew about 45 % to $ 5.8 billion and super smart and motivated are! Kurian also reportedly boosted salespeople 's salaries to be able to access all! Kurian, though, follows up with significant customers periodically product Development at Oracle Corporation ( 1996. Overseen by Pichai strategic Partnership Forum female executives stick around long enough get... A contingent of employees upset with the progress were seeing feat in the world sometimes staying put in one can. Engagement alone has played a key role in Google Cloud now boasts 7.5 million customers in over.., and were very encouraged with the prospects, Kurian said sales model going... The current era, with no signs of slowing down s Cloud unit in an email to staff, a..., which has seen a lot of the highest-paid CEOs in the place! Of his day-to-day responsibilities in favor of a lot of the highest-paid in. %, to $ 5.8 billion them accelerate their businesses relationships you lose your momentum with clients... 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Amr Salah on LinkedIn: Inside the Strategy Room: 146, the Middle East, and Africa on,...
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