Transformational Leader

“Keith’s leadership playbook has been proven to be successful multiple times. His classic, natural leadership skills combined with his work ethic help him build strong teams to attack big ideas.”

—Mary Meeker, DocuSign Board Member

Transformational Leader

“Keith’s leadership playbook has been proven to be successful multiple times. His classic, natural leadership skills combined with his work ethic help him build strong teams to attack big ideas.”

—Mary Meeker, DocuSign Board Member

Transformational Leader

Profile

A two-time recipient of the Ernst & Young (EY) Entrepreneur of the Year Award, Keith Krach draws upon his extensive business acumen and leadership experience in his role as Under Secretary of State for Economic Growth, Energy and the Environment. As America’s preeminent economic diplomat, Keith Krach is responsible for leading economic statecraft initiatives to expedite economic growth, improve energy security, and protect the environment. He was unanimously confirmed to the position by the U.S. Senate on June 20, 2019.

Krach was selected for the position after a 42-year private sector career in which he spearheaded transformations at companies in the engineering, technology, and business-to-business commerce fields, as well as at academic institutions. Krach most recently served as chairman, CEO, and president of DocuSign, which became the industry leader in electronic signature and digital transaction management solutions under his leadership. He earned one of his two EY Awards with this company.

As Former Chairman, CEO & President of DocuSign, Krach spearheaded its transformation from a startup to the category leader and global powerhouse it is today. Under his leadership, DocuSign became a verb, went public and was awarded Glassdoor’s Best Places to Work. Krach co-founded Ariba and as Chairman & CEO took Ariba public, ultimately achieving a market capitalization of $40 billion. In recognition of creating the category of B2B e-Commerce, Ernst & Young named Krach the 2000 National Entrepreneur of the Year and the World Economic Forum honored him with the Technology Pioneer Award.

Krach served as Chairman of the Board of Trustees for Purdue University, Chairman of Angie’s List, International President of Sigma Chi Fraternity and was the youngest Vice President in General Motors’ history. Krach’s alma mater, Purdue University, has honored him with an Honorary Doctorate in Engineering, and the Harvard Business School Alumni Association has named him Business Leader of the Year. Additionally, Krach and his wife, Metta, were recognized with the distinguished City Year 2018 Citizen Leadership Award for their service, dedication and impact to philanthropic causes. Krach is dedicated to paying it forward—by mentoring a new generation of transformational leaders in the public, private and social sectors.

Keith Krach and his wife, Metta Krach (B.A. UCLA; J.D. Georgetown), have 5 children between the ages of 32 and 6, and reside in San Francisco.

Endeavors

DOCUSIGN

  • Former Chairman and CEO
  • Created:
    • DocuSign Global Trust Network
    • Global xDTM Standard
    • Digital Transaction Management Category
  • #3, Forbes Top Cloud Companies
  • 2016 EY Entrepreneur of the Year
  • 2015 Bay Area’s Most Admired CEO
  • Glassdoor Award- 98% Approval

ARIBA

  • Founder & Chairman/CEO
  • Created:
    • B2B eCommerce Category
    • Ariba Network- $1.3 Trillion/yr
    • Market Cap of $40B
  • 2000 EY Entrepreneur of the Year
  • Technology Pioneer- World Economic Forum

PURDUE

  • Chairman, Board of Trustees
  • Hired President Mitch Daniels
  • Initiated New Models:
    • Student Affordability
    • Global Online Learning
    • Retraining the Workforce
  • Krach Leadership Center

RASNA

  • Chief Operating Officer
  • Created Category:
    • Mechanical Design Synthesis
  • #3, Inc. 5000 Fastest Growing Co’s
  • Acquired, Parametric Technology ($500M)

GENERAL MOTORS

  • Youngest VP Ever (26)
  • Cadillac, Production Foreman
  • New York Treasurer’s Office, Financial Staff
  • GM Tech Center, Engineer
  • GM/Fanuc Robotics, General Manager
  • Largest Robotics Co., Today

SIGMA CHI

  • 64th Grand Consul (President)
  • 260 Universities
  • 300,000 Lifetime Members
  • Chairman, Leadership Training Board
  • Transformed Mission, Leadership Development
    • Horizons Leadership Institute

ANGIE’S LIST

  • Chairman of the Board
  • #1 in On-Line Consumer Reviews
  • Initial Public Offering

Philanthropy

  • DocuSign Impact Foundation, Chairman
  • New Story, Chairman Ad. Board
  • Opportunity International, Governor
  • Children’s Autistic Network, Co-Founder
  • Krach Family Foundation, Chairman
  • Founder, Virtual Mentor Network

EDUCATION

  • Purdue, BS Engineering, GM Scholar
  • Harvard, MBA 1981, GM Fellow
  • Ohio Northern, Honorary Doctorate
  • Purdue, Honorary Doctorate
Keith Krach Eight Transformations
Salman Khan Founder and CEO of Khan Academy - Testimonial for Keith Krach

Krach is recognized as an early pioneer in the robotics industry. As a General Motors VP in the early 80s, he initiated and led the robotics joint venture between GM and Fanuc which gave rise to as the largest industrial robotics company in the world. It quickly rose to be the dominant player by leveraging GM’s sophisticated robot technology and huge captive market combined with Fanuc’s leadership position in NC controllers and its low cost, automated factories.

Factory Automation

In the early 90s, Krach and his founding team at Rasna created the category of Mechanical Design Synthesis by developing an easy to use methodology for analyzing mechanical designs. It enabled design engineers to automatically optimize products instead of having to rely on PhD specialists. Rasna was ranked #3 on the Inc. 5000 fastest growing companies, and was later acquired by Parametric Technologies and remains today strategic for engineers globally.

Bruce Harreld - Testimonial for Keith Krach

In 1996, Krach co-founded Ariba serving as Chairman/CEO. Krach took it public in 2000, ultimately achieving a market capitalization of $40 billion and building one of the fastest-growing software companies in history. In honor of his accomplishment of creating the category of B2B eCommerce, EY named Krach the 2000 National Entrepreneur of the Year. Today, $1.7 trillion/year of commerce is transacted on the Ariba network, which is more than Amazon and Alibaba combined.

As DocuSign’s current chairman and CEO until 2017, Krach created the category of Digital Transaction management and built the DocuSign Global Trust Network, with more than 320,000 companies and 300 million users in 188 countries, which “Empowers anyone to transact anything, anytime, anywhere, on any device– securely.” DocuSign became the verb across real estate, financial services, insurance and other industries and established the benchmark for trust in the industry by creating the Global xDTM Standard. In 2016 the company was named #3 on Forbes Best Cloud Companies and Krach was honored as E&Y Entrepreneur of the Year.

Testimonial About Keith Krach

Krach is credited with initiating and guiding a key paradigm shift in higher education. As Chairman of Purdue and in partnership with past President Cordova (Director of NSF) and President Daniels, generated a new model in STEM education, with unprecedented progress in student affordability, online learning, and retraining the workforce. By leveraging Purdue’s prestige in engineering, large international student body and acquisition of Kaplan University, Purdue University Global was launched as the “World’s First Public University” which has been a catalyst for transforming higher education.

Purdue University - Higher Education

As Sigma Chi’s Grand Consul (President,) responsible for over 244 university chapters and 350,000 lifetime members, Krach drove the transformation of the institution to be exclusively focused on next generation leadership development to serve the world. He drove the creation of the Horizons Leadership Institute in Snowbird, Utah a new long-term strategic plan and at the 150th Anniversary, launched the fraternity’s bold vision to be the preeminent collegiate leadership development organization with the mission to develop values-based leaders committed to the betterment of character, campus and community.

Keith Krach Leadership Service
Hatim Tyabji Chairman of Best Buy - Testimonial for Keith Krach

Krach’s drive to challenge the status quo extends to philanthropy. He established the $30m DocuSign IMPACT Foundation with the mission, not just to give to charities, but to transform them—by using DocuSign technology to streamline operations and maximize resources to support the cause. The Krach Family Foundation serves numerous innovative causes. Krach and wife Metta were honored by City Year with the “2018 Citizen Leadership Award” for their dedication, innovation and impact to communities around the world.

Keiht Krach - Philantropy Transformation

What Krach pioneered in business and higher education, he is now applying to developing the next generation of transformational leaders by building the Virtual Mentor Network. Seeing a shortage of role models, Krach is using technology to tap the insights of great leaders and mentor at scale. The principles of creating networks and categories from his previous endeavors are the formula for building the ultimate pay-it-forward category. This could be Krach’s most transformative and profound venture yet.