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Omid Kordestani

From Wikipedia, the free encyclopedia

Iranian-American businessman (born 1963)
Omid Kordestani
امید کردستانی
Kordestani at the Web 2.0 Conference, 2005
Born1963 (age 62–63)
CitizenshipUnited States
Alma materSan Jose State University(BS)
Stanford University(MBA)

Omid R. Kordestani (Persian:امید کردستانی; born 1963) is an Iranian-American businessman who was theexecutive chairman atTwitter from October 2015 to June 2020 and a board member of the company until October 2022.[3][4] He was asenior vice president, thechief business officer, and most recently a special advisor to the chief executive officer and founders atGoogle from July 2014 to October 2015[5] and was a director ofVodafone from March 2013 to October 2014.[6][7] Kordestani had also previously been at Google from May 1999 to April 2009, reaching the position of Senior Vice President for Worldwide Sales and Field Operations.[8]

Early life and education

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Omid Kordestani was born inTehran, Iran. He has someKurdish ancestry.[9][10][11][12][1] He attended Andisheh Don Bosco School, an Italian Catholic school in Tehran that emphasized education and language skills. He moved toSan Jose, California after the death of his father in 1976.[2] In 1980, Kordestani graduated fromBuchser High School in Santa Clara, California.[2]

He later received an electrical engineering degree fromSan Jose State University and went to work forHewlett-Packard as an engineer. Several years later in order to pursue a business degree, he enteredStanford Graduate School of Business and earned hisMBA in 1991.[13]

Career

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Kordestani has more than a dozen years of high-technology consumer and enterprise experience, including key positions at Internet pioneerNetscape Communications. He was also vice president of Business Development and Sales and grewNetscape's website revenue from an annual run-rate of $88 million to more than $200 million in 18 months. He started his career at Netscape as director of OEM Sales, and during his four-year career at that company, he was responsible for establishing major customer relationships withCitibank,AOL,Amazon,Intuit,Travelocity,Intel,@Home,eBay, andExcite. Prior to Netscape, Kordestani held positions in marketing, product management, and business development at The 3DO Company, Go Corporation, and Hewlett-Packard.He joined Google in May 1999, leading the development and implementation of the company's initial business model and was Google's senior vice president of worldwide sales and field operations until April 16, 2009. Kordestani played a part in Google's worldwide revenue generation efforts as well as the day-to-day operations of the company's sales organization.

On July 18, 2014, Kordestani came back to Google to fill the vacancy of Chief Business Officer at Google afterNikesh Arora, who was recruited to Google by Kordestani himself, left forSoftBank.[14][15] Initially interim, his post became permanent in October.[16]

On October 14, 2015, Kordestani left Google and becameExecutive Chairman atTwitter.[17] After a power struggle between Twitter chief executive officerJack Dorsey andElliott Management, Kordestani was replaced byPatrick Pichette in June 2020. He remained a member of the board until its dissolution in October 2022.[18][4]

In December 2021, Kordestani was appointed as chairman of the Board atPearson plc.[19] His position became effective in March 2022.[20] On August 10, 2024, he filed a lawsuit againstElon Musk andX Corp over unpaid stock options after the Twitter board had been dissolved by its new owner.[21]

Philanthropy

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Kordestani was one of the founders of PARSA Community Foundation (2006–2011),[22][23] an Iranian cultural, heritage, entrepreneurship, and philanthropic society based in Redwood City, California.[24][25]

Personal life

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Kordestani net worth was estimated to be $2.2 billion in 2012, after his divorce fromBita Daryabari. Kordestani has two children with Daryabari, and three with Gisel Kordestani, whom he married in 2011.[13]

In the May 8, 2006, issue ofTime Magazine, Kordestani was named one of Time's "100 People who shape our world".[26]

Kordestani was selected as the Persian Person of the Year in 2007 by Persian Awards.[27]

See also

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References

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  1. ^ab"California"(PDF). Archived fromthe original(PDF) on December 22, 2016. RetrievedApril 4, 2009.
  2. ^abcBob Cooper (July 15, 2007)."Out of Iran / Five extraordinary Iranian Americans love both countries but loathe their leaders' war talk". SfGate.com. RetrievedDecember 18, 2009.
  3. ^Vengattil, Svea Herbst-Bayliss, Munsif (June 3, 2020)."Twitter names ex Google CFO Pichette as chair, Kordestani to stay on".Reuters. RetrievedApril 21, 2021.{{cite news}}: CS1 maint: multiple names: authors list (link)
  4. ^abConger, Kate (October 28, 2022)."How Twitter Will Change as a Private Company".The New York Times. RetrievedOctober 29, 2022.
  5. ^"Management team – Company – Google". Archived fromthe original on October 9, 2015. RetrievedOctober 14, 2015.
  6. ^4-Traders (February 28, 2013)."Vodafone Group plc : Vodafone Appoints Omid Kordestani as a Non-Executive Director". 4-traders.com. RetrievedFebruary 28, 2013.{{cite web}}: CS1 maint: numeric names: authors list (link)
  7. ^"Omid Kordestani Executive Chairman at Twitter".linkedin.
  8. ^Hof, Rob."LIVE: Google's First-Quarter Earnings: Revenues Down, Profits Beat Forecasts, Investors Yawn". BusinessWeek. Archived fromthe original on April 19, 2009. RetrievedDecember 18, 2009.
  9. ^https://www.rudaw.net/english/world/141020151-amp
  10. ^"Alumni Profiles: Omid Kordestani: Google Inc. Senior Vice President of Global Sales and Business Development". Archived fromthe original on June 25, 2010.
  11. ^"Committee on Institutional Advancement: Approval of Meeting Minutes of March 11, 2008"(PDF). Archived fromthe original(PDF) on December 22, 2016. RetrievedApril 4, 2009.
  12. ^"San Francisco Luxury Living » Omid Kordestani's $33 Million Year". Sfluxe.com. December 27, 2008. Archived fromthe original on July 20, 2015. RetrievedDecember 18, 2009.
  13. ^abWong, Queenie (March 12, 2017)."Following Iranian immigrant Omid Kordestani's rise in building Google's business, leading Twitter's board".The Mercury News. RetrievedJanuary 5, 2018.
  14. ^Larry Page (July 18, 2014)."After almost ten years, +Nikesh Arora our Chief Business Officer, has decided…". RetrievedOctober 14, 2015.
  15. ^"What Omid Kordestani, the Chief Business Officer, Says About Google".Re/code. July 20, 2015. Archived fromthe original on July 20, 2015. RetrievedJuly 20, 2015.
  16. ^"Exclusive: Google CEO Larry Page Reorgs Staff, Anoints Sundar Pichai as New Product Czar".Re/code. October 24, 2014. Archived fromthe original on October 11, 2015. RetrievedOctober 14, 2015.
  17. ^"Omid Kordestani Leaves Google, Joins Twitter As Its Executive Chairman".TechCrunch. October 14, 2015. RetrievedOctober 14, 2015.
  18. ^Vengattil, Svea Herbst-Bayliss, Munsif (June 2, 2020)."Twitter names ex Google CFO Pichette as chair, Kordestani to stay on".Reuters. RetrievedOctober 21, 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
  19. ^"Pearson appoints Silicon Valley veteran Omid Kordestani as chair".Financial Times. December 16, 2021. Archived fromthe original on December 11, 2022. RetrievedMay 18, 2022.
  20. ^"Introducing our leaders".Pearson plc. RetrievedMay 18, 2022.
  21. ^Conger, Kate (August 9, 2024)."Former Twitter Board Member Sues Elon Musk's X For $20 Million in Pay".New York Times.
  22. ^Moayedian, Ali (October 15, 2007)."PARSA Community Foundation: An Iranian-American philanthropy group is born".Payvand.com. RetrievedMay 5, 2022.
  23. ^"PARSA CF Awards $250,000 to the Iranian Genome Project at Stanford".Payvand.com. RetrievedMay 5, 2022.
  24. ^Zinko, Carolyne (January 1, 2009)."Hip young crowd opens pockets at Parsa foundation's annual gala".SFGate. RetrievedMay 5, 2022.
  25. ^"Persian Community: PARSA CF Awards 2 Grants to Iran Heritage Foundation".Persianesque Magazine. RetrievedMay 5, 2022.
  26. ^Deutsch, Donny (April 30, 2006)."Omid Kordestani". TIME. Archived fromthe original on June 14, 2006. RetrievedDecember 18, 2009.
  27. ^"In The Spotlight: International Awards and the Accomplished Iranians Who Have Earned Them". Payvand.com. November 22, 2006. RetrievedDecember 18, 2009.

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