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Saba Software announces leadership transition

Staff writer |
Redwood Shores, Ca., USA – Saba, a software company, announced that Bobby Yazdani stepped down as chairman, CEO and director, effective March 1, 2013.[break]


Mr. Yazdani is the founder and CEO of Saba Software. He founded Saba in 1997 and took the company public in 2000. Mr. Yazdani is an angel investor whose portfolio includes Clearspring, Dropbox, Google, Sociocast, Shelby TV, Klout, Kissmetrics, Medialets, Webs.com, Salesforce, Cleversense, HotPrints, Qwiki, 1000memories.com, Bonobos, Masimo, Boticca, Nextbio and SoundHound. Mr. Yazdani holds a B.A. in Applied Mathematics from the University of California at Berkeley.

In connection with the change in leadership, Shawn Farshchi, Saba’s Executive Vice President and Chief Operating Officer, has been named Interim Chief Executive Officer.

Prior to taking on the interim CEO position, Mr. Farshchi was Executive Vice President and Chief Operating Officer. Most recently, in his role as Chief Operating Officer for Coremetrics (an IBM company), he managed a broad range of responsibilities including product development, service operations, professional services, technical training and customer service.

Prior to Coremetrics, he served as VP of Platform Engineering and Operations as well as the GM of Voice Applications for WebEx Communications Inc. Prior to WebEx, Mr. Farshchi was regional VP at Oracle, Senior VP of Development at Broadvision and CIO at DHL Airways. Mr. Farshchi will also retain his responsibilities as COO.

In addition, the Board of Directors has separated the roles of Chairman of the Board and CEO and appointed independent director Bill Russell to the position of non - March 4, 2013, Redwood Shores, Ca., USA – Saba, a software company, announced that Bobby Yazdani stepped down as chairman, CEO and director, effective March 1, 2013.




Mr. Yazdani is the founder and CEO of Saba Software. He founded Saba in 1997 and took the company public in 2000. Mr. Yazdani is an angel investor whose portfolio includes Clearspring, Dropbox, Google, Sociocast, Shelby TV, Klout, Kissmetrics, Medialets, Webs.com, Salesforce, Cleversense, HotPrints, Qwiki, 1000memories.com, Bonobos, Masimo, Boticca, Nextbio and SoundHound. Mr. Yazdani holds a B.A. in Applied Mathematics from the University of California at Berkeley.

In connection with the change in leadership, Shawn Farshchi, Saba’s Executive Vice President and Chief Operating Officer, has been named Interim Chief Executive Officer.

Prior to taking on the interim CEO position, Mr. Farshchi was Executive Vice President and Chief Operating Officer. Most recently, in his role as Chief Operating Officer for Coremetrics (an IBM company), he managed a broad range of responsibilities including product development, service operations, professional services, technical training and customer service.

Prior to Coremetrics, he served as VP of Platform Engineering and Operations as well as the GM of Voice Applications for WebEx Communications Inc. Prior to WebEx, Mr. Farshchi was regional VP at Oracle, Senior VP of Development at Broadvision and CIO at DHL Airways. Mr. Farshchi will also retain his responsibilities as COO.

In addition, the Board of Directors has separated the roles of Chairman of the Board and CEO and appointed independent director Bill Russell to the position of non-executive Chairman.

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