Thomas Siebel Explained

Thomas Siebel
Birth Name:Thomas M. Siebel
Birth Date:20 November 1952
Birth Place:Chicago, Illinois, U.S.
Education:University of Illinois Urbana-Champaign (BA, MBA, MS)
Occupation:Software developer and businessman
Known For:Founder of Siebel Systems
C3.ai Inc
Spouse:Stacey Siebel
Children:4
Relatives:Jennifer Siebel Newsom (second cousin once removed)

Thomas M. Siebel (; born November 20, 1952) is an American billionaire businessman, technologist, and author. He was the founder of enterprise software company Siebel Systems and is the founder, chairman, and CEO of C3.ai, an artificial intelligence software platform and applications company.[1]

He is the chairman of First Virtual Group, a diversified holding company with interests in investment management, commercial real estate, agribusiness, and philanthropy.[2]

Early life and education

Siebel was born in Chicago, one of seven children of Arthur Francis Siebel, a Harvard-educated lawyer, and Ruth A. (née Schmid) Siebel.[3] [4] [5] Siebel is a graduate of the University of Illinois Urbana-Champaign, where he received a BA in history, an MBA, an MS in computer science,[6] and an honorary doctorate of engineering.[7]

Business career

Between 1984 and 1990, Siebel was an executive at Oracle Corporation, where he held a number of management positions.[8] [9] Siebel served as chief executive officer of Gain Technology, a multimedia software company that merged with Sybase in December 1992.[9] Siebel was the founder, chairman, and chief executive officer of Siebel Systems,[10] which was acquired by Oracle in January, 2006.[11] Siebel is the chairman of First Virtual Group, a diversified holding company.[2]

Siebel Systems

Siebel Systems was a software company primarily engaged in the design, development, marketing, and support of customer relationship management (CRM) applications. As an executive at Oracle, Siebel proposed the idea of creating enterprise software applications tailored for marketing, sales, and customer service functions. Oracle management declined his proposal. In 1993, Siebel left Oracle and found Siebel Systems to pursue that opportunity.[12] In 1999, Siebel Systems became the fastest-growing technology company in the United States.[13] Siebel Systems grew to over 8,000 employees in 32 countries, more than 4,500 corporate customers, and annual revenue greater than $2 billion before merging with Oracle in January 2006.[14]

Management philosophy

In 2019, Siebel initiated a program at C3.ai that pays 100 percent of the costs for employees to complete an online master's degree of computer science (MCS) program from the University of Illinois at Urbana-Champaign. Employees who complete the MCS degree receive a salary increase of 15 percent, a cash bonus of $25‚000, and additional stock options.[15]

Honors and awards

Siebel serves on the Board of Advisors of the Stanford University College of Engineering, the University of Illinois College of Engineering, and the University of California, Berkeley College of Engineering.[16] [17] He is a Director of the Hoover Institution at Stanford University,[18] and is the Chairman of the Board for the American Agora Foundation.[19] He was a member of the Trustees of Princeton University from 2008 to 2011.[20] He is the Founder and Chairman of the Montana Meth Project[21] and the Siebel Scholars Foundation,[22] and Chairman of the Siebel Foundation. He was ranked #5 and #3 of the world's top 25 philanthropists by Barron's Magazine in 2009 and 2010, respectively.[23] [24] In 2007 and 2008, he was named one of The 50 Most Generous Philanthropists by BusinessWeek.[25]

Philanthropy

In 2001, Siebel donated $32 million to his alma mater, the Department of Computer Science at the University of Illinois at Urbana-Champaign, to build the Siebel Center for Computer Science, opened in spring 2004.[26] In 2006, Siebel donated $4 million to the University of Illinois at Urbana-Champaign to establish two endowed full professorships, the Thomas M. Siebel Chair in the History of Science and the Thomas M. Siebel Chair in Computer Science.[27] Siebel pledged an additional $100 million gift to the University of Illinois at Urbana-Champaign in 2007.[28] In 2015, the Siebel Foundation launched the Siebel Energy Institute to research the data management of energy infrastructure monitoring data.[29] In 2016, Siebel donated $25 million to build the Siebel Center for Design at the University of Illinois, a 60,000-square-foot multidisciplinary hub designed by architects Bohlin Cywinski Jackson and was completed in 2020.[30] In 2024, Siebel donated $50 million to the University of Illinois to establish the Siebel School of Computing and Data Science[31]

Political involvement

In February 2022, Siebel donated $90,000 to the Canada convoy protest in Ottawa, that also blocked border crossings between Canada and the U.S. to protest COVID-19 vaccine mandates and restrictions.[32] [33] [34]

In 2024, Siebel donated $500,000 to Donald Trump. [35]

Personal life

He is married to Stacey Siebel.[3] They have four children and live in Woodside, California. Siebel is the second cousin once removed of Jennifer Siebel Newsom, the First Partner of California and wife of Governor Gavin Newsom.[36]

Siebel currently has the highest personal emissions from private jet use of any American as of 2022.[37]

Elephant incident

On the morning of August 1, 2009, he and a guide were in Tanzania, observing a group of elephants from 200 yards away, when an elephant charged Siebel's guide and then turned on Siebel, breaking several ribs, goring him in the left leg, and crushing the right.[38] [39] They radioed for help, but it was three hours before he received any medical treatment.[38] He was flown to the Aga Khan University Hospital in Nairobi, where they cleaned his wounds and stabilized his leg. He was then flown back to the United States on a 20-hour flight with only 10 hours of morphine and 15 hours of fluids. He had lost half of his fluids and was put in the intensive care unit.[40] He was moved to Stanford Hospital where, over the next six months, they performed 11 surgeries, fixed his ribs and shoulder, and saved his left leg.[39]

In September 2010, a year after the attack, Siebel had undergone 16 surgeries and an Ilizarov apparatus external fixator to mend, lengthen, and reshape the tibia of his right leg.[40] After 19 reconstructive surgeries over two and a half years, Siebel has now made a full recovery.[41] In 2013, National Geographic included Siebel's account in its TV series Dead or Alive: Trampled on Safari.[42]

Books and articles

External links

Notes and References

  1. News: Andrew . Nusca . Tom Siebel, Tech Pioneer, Bets Big on the Internet of Things . Fortune . February 25, 2016 . May 16, 2016 .
  2. Web site: First Virtual Group. Develpixel. 17 May 2016.
  3. https://web.archive.org/web/20131224093201/http://articles.chicagotribune.com/2006-01-27/news/0601270034_1_siebel-ruth-grandmother Chicago Tribune: "Obituary - Siebel, Ruth A."
  4. http://news.wilmettelibrary.info/1691826/data?n=14 Wilmette Public Library newspapers Wilmette Life (Wilmette, Illinois), 17 Nov 1955, p. 1
  5. Web site: Full text of "Brown alumni monthly". May 1987 . 17 May 2016.
  6. https://archive.today/20130410164956/http://www.businessweek.com/1997/34/b354170.htm Businessweek: "TOM SIEBEL--CEO, Siebel Systems Inc." By Gabrielle Saveri
  7. http://www.news.illinois.edu/news/06/0213honoraries.html University of Illinois News Release: "Four Chosen to Receive Honorary Degrees at U. of I. May Commencement" By Sharita Forrest
  8. https://www.forbes.com/2000/12/15/1215topexecssiebel.html Top Tech Execs: Tom Siebel
  9. http://www.fastcompany.com/magazine/09/oracle1.html Tom Siebel
  10. Web site: Tom . Siebel . Bronwyn . Fryer . 1 March 2001 . High-Tech the Old-Fashioned Way: An Interview with Tom Siebel of Siebel Systems . Harvard Business . Harvard Business School . February 13, 2011 .
  11. Bob . Wynne . Krista . Bessinger . Oracle Completes Acquisition Of Siebel . Oracle Corporation . January 31, 2006 . February 14, 2011.
  12. Web site: Hawn . Carleen . The Man Who Sees Around Corners . Forbes . 13 September 2019.
  13. Web site: Saracevic . Alan . Siebel Systems is nations fastest- growing tech firm . sfgate.com . 16 November 1999 . Hearst . 13 September 2019.
  14. Web site: Interview with Thomas M. Siebel . Leaders Online . Leaders Magazine . 13 September 2019.
  15. Web site: Adams . Susan . Billionaire Tom Siebel Is Offering His Employees The Most Generous Education Benefit Ever . Forbes . 19 September 2019.
  16. http://etl.stanford.edu/handouts/0001_aut_speakerbio/tomsiebel.html Stanford University
  17. Web site: News Archive » Department of Business Administration. https://archive.today/20110911121905/http://www.business.illinois.edu/ba/FSDB/news_article.aspx?ID=246. dead. 11 September 2011. 11 September 2011. archive.is. 19 September 2018.
  18. http://www.hoover.org/about/directory/boardOfOverseers Hoover Institution
  19. http://www.laphamsquarterly.org/agora/ American Agora Foundation
  20. http://www.princeton.edu/engineering/news/archive/?id=5832 Princeton University
  21. Web site: The Meth Project. 17 May 2016. dead. https://web.archive.org/web/20111107092947/http://www.methproject.org/About_Us/index.php. 7 November 2011.
  22. Web site: A Class Apart: About the Siebel Scholars Program. 17 May 2016.
  23. http://online.barrons.com/article/SB50001424052970204869904575620981420096098.html?mod=BOL_hpp_emr# The 25 Best Givers 2009
  24. http://www.fragilethehumancondition.com/docs/barrons113009.pdf The 25 Best Givers 2010
  25. https://archive.today/20071118123256/http://bwnt.businessweek.com/interactive_reports/philanthropy_individual/ The 50 Most Generous Philanthropists
  26. http://siebelcenter.cs.uiuc.edu/ Thomas M. Siebel Center for Computer Science
  27. http://leaders.engineering.illinois.edu/information_technology/thomas_siebel.html Thomas M. Siebel Chair
  28. https://www.engr.uiuc.edu/news/archive/index.php?xId=071508000784 U of I announces record $100 million gift from Alumnus Thomas Siebel
  29. News: Aaron . Tilley . Tech Billionaire Tom Siebel Launches Institute To Tackle Proliferation Of Power Grid Data . Forbes . August 5, 2015 . May 15, 2016 .
  30. Web site: Kaler . Robin . Alumnus Siebel Donates $25 Million For Innovative Design Center . cs.illinois.edu . University of Illinois . 29 September 2019.
  31. https://blogs.illinois.edu/view/1526/489935836 Grainger Engineering Announces Siebel School of Computing and Data Science
  32. Web site: Woodward . Jon . Anonymous donations to convoy as high as $215,000 concern Canadian MPs . . February 11, 2022 . February 16, 2022.
  33. Web site: Hackers Just Leaked the Names of 92,000 'Freedom Convoy' Donors . Vice News . 14 February 2022 . 14 February 2022.
  34. News: McIntire . Mike . Keller . Michael H. . Canadians are responsible for roughly half of the money raised online for the trucker convoy, leaked data shows. . . February 15, 2022 . February 16, 2022.
  35. News: Bender . Michael C. . 30 June 2024 . To Woo Trump, VP Contenders Show Off Their Rich Friends . live . https://web.archive.org/web/20240702082102/https://www.nytimes.com/2024/06/30/us/politics/trump-vice-president-donors.html . 2 July 2024 . 8 July 2024 . The New York Times.
  36. News: Maddan . Heather . Girlfriend, uninterrupted / Actress Jennifer Siebel is standing by her man, who happens to be Mayor Gavin Newsom, and says there's no trouble in their romance . 8 July 2024 . SFGATE.
  37. Web site: Billionaire Beware. Mother Jones. February 19, 2023. 15 Mar 2023.
  38. http://www.mercurynews.com/ci_13256318?IADID=Search-www.mercurynews.com-www.mercurynews.com&nclick_check=1 Tech mogul Tom Siebel injured by elephant
  39. http://www.golfdigest.com/magazine/2010-07/jerry-tarde-letter A Golfer Never Forgets
  40. https://www.forbes.com/forbes/2010/1011/rich-list-10-passions-pursuits-tom-siebel-gored-by-elephant.html Tom Siebel On Being Gored By An Elephant
  41. https://www.forbes.com/profile/thomas-siebel/# Thomas Siebel
  42. https://web.archive.org/web/20140808062109/http://channel.nationalgeographic.com/wild/dead-or-alive/episodes/trampled-on-safari/ Trampled on Safari
  43. Book: Digital Transformation . 978-1948122481 . Siebel . Thomas M. . 9 July 2019 . Rodin Books .
  44. Web site: Charging ahead: the energy transition . aspeninstitute.it . Aspen Institute Italia . 29 September 2019.
  45. Web site: Siebel . Thomas . Why digital transformation is now on the CEO's shoulders . mckinsey.com . McKinsey & Co. . 29 September 2019.
  46. Web site: Siebel . Thomas . The Internet of Energy . libraries.swbts.edu . Electric Perspectives . 29 September 2019.
  47. Web site: Siebel . Thomas . Big Data and the Smart Grid: Is Hadoop the Answer? . sej.stanford.edu . Stanford University . 29 September 2019.
  48. Book: Cyber Rules . 0385494122 . Siebel . Thomas M. . House . Pat . 1999 . Currency/Doubleday .
  49. Book: Virtual Selling . 0684822873 . Siebel . Thomas M. . Malone . Michael Shawn . Malone . Michael . 1996 . Free Press .

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