Salesforce promotes Bret Taylor to co-CEO alongside Benioff

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  • Brett Taylor will be co-CEO with Marc Benioff, who built Salesforce into one of the largest enterprise software companies in the world.
  • Taylor was quickly promoted to Salesforce after the company acquired its productivity software start-up Quip in 2016.
  • Taylor has been a prominent voice on earnings calls and has been instrumental in the Slack acquisition of Salesforce.

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Salesforce on Tuesday promoted Brett Taylor to the role of co-CEO along with Marc Benioff, who co-founded the company in 1999.

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Taylor joined Salesforce in 2016, via $412 million The acquisition of his productivity software start-up Quip, which he co-founded four years ago. Taylor quickly moved up the ranks to become president and chief product officer, and he now participates in quarterly earnings calls with analysts.

“Brett is a phenomenal industry leader who has been instrumental in creating incredible success for our customers and driving innovation across our company,” said Benioff, in a statement. Press release Promotion announcement. “Together, Brett and I will lead Salesforce through our next chapter, while living our shared values ​​of trust, customer success, innovation and equality for all.”

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Prior to starting Quip, Taylor helped build Google Maps, sold social networking start-up FriendFeed to Facebook, and spent three years as Facebook’s head of technology. Taylor sits on Twitter’s board of directors, and was named chairman on Monday as part of Jack Dorsey’s departure as CEO.

Salesforce is the largest employer in San Francisco, attracting thousands of attendees each year to its Dreamforce conference, where Benioff expands on business trends. Benioff regularly engages in politics, directing funds for philanthropic work and, with his wife Lynn, acquired Time Magazine ownership from Meredith Corp. in 2018.

The last time Benioff was named another CEO of Salesforce came in 2018, when former Oracle executive Keith Block became co-CEO with Benioff. But less than two years later, Block stepped down, and Benioff dropped “co” from his title.

Taylor told people that he hoped to get a CEO job soon, Information Reported on 7 October.

“Mark has been my mentor, my biggest supporter and my trusted friend over the years,” he said in Tuesday’s statement. “It’s an enormous privilege to partner with him to lead the company he co-founded 22 years ago.”

Salesforce has expanded beyond its core of providing cloud-based software for sales reps with products for customer service, marketing, and commerce. The acquisitions of MuleSoft, Tableau and most recently Slack have also helped Salesforce grow.

Last year, Slack CEO Stewart Butterfield told Taylor that Slack was interested in acquiring Quip from Salesforce. Taylor told Butterfield that wasn’t happening, but he later considered buying Salesforce’s Slack, according to a regulatory filing, NS $27.1 billion deal closed in july

Watch: Jim Cramer’s interview with Marc Benioff

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