Less than a week after co-CEO Bret Taylor said he would be departing Salesforce, Slack's founder has also announced his decision to leave the company.
However, he said Slack’s business performance has surpassed Salesforce’s own expectations, growing more than 40% year over year in the company's latest fiscal quarter. Salesforce’s statement also said that Butterfield was instrumental in choosing Jones as the next Slack CEO. Lidiane Jones, who has been the executive vice president and general manager for digital experiences clouds at Salesforce, will be taking over the role in the new year. Slack’s popularity eventually led to the messaging platform going public in 2019 before being purchased by Salesforce. In the internal message published by Insider, Butterfield said the two departures were not related, stating: “FWIW: This has nothing to do with Bret's departure. Planning has been in the works for several months!
The Slack CEO is leaving the company in the new year. He is one of several executives leaving the Salesforce stable.
I’m excited to see his next chapter unfold, as I’ll always be his biggest champion and he’ll always be part of the Salesforce ‘Ohana.” It has been an honor to work with everyone who serves the mission of helping people see and understand data. He had been in post for just over a year, and his departure means Salesforce founder Marc Benioff will run the company alone until a new co-CEO is appointed. “Stewart also was instrumental in choosing Lidiane Jones as the next Slack CEO to lead it into its next chapter,” the Slack statement added. The entrepreneur, who previously founded photo-sharing platform Flickr before selling it to Yahoo, has led the company ever since and oversaw its [$27bn acquisition by Salesforce last year.](https://techmonitor.ai/technology/software/salesforce-buying-slack-microsoft-covid-19) Confirming the news of Butterfield’s departure, a Slack statement said: “Stewart is an incredible leader who created an amazing, beloved company in Slack.
In January, Slack Technologies will have a new CEO following the incoming departure of its current executive and co-founder, Stewart Butterfield.
Slack Chief Executive Officer Stewart Butterfield plans to leave the workplace messaging platform in January, parent company Salesforce Inc said on Monday.
Shares in Salesforce, a component of the Dow Jones Industrial Average, slumped about 4%. Business Insider had first reported the news earlier in the day. Slack Chief Executive Officer Stewart Butterfield plans to leave the workplace messaging platform in January, parent company Salesforce Inc said on Monday.
He will be replaced at Slack by Lidiane Jones, currently Executive VP & GM, Experience Cloud, Commerce Cloud and Marketing Cloud. Before joining Salesforce in ...
On a more serious note, while Taylor’s departure comes as a bolt from the blue, Butterfield’s going is perhaps less unexpected and has clearly been planned for in terms of succession. In his seven years (!) as part of Slack he's led product development in nearly every area at one point or another, and the ambition of our product strategy owes a lot to his leadership. Let's get to building the future of work! As we look forward, we are grounded by Slack's mission: to make people's working lives simpler, more pleasant and more productive. She's right at that little diamond-shaped heart in the four-circle Venn diagram of smart, humble, hardworking, and collaborative. Slack is in safe hands, according to Butterfield:
Stewart Butterfield, the CEO of messaging service Slack, is leaving the company and that has Salesforce (CRM) stock falling on Tuesday.
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. You can get up to speed on that news at the links below! Among that is what has shares of PepsiCo (NASDAQ: Taking over for Butterfield is Lidiane Jones, a Salesforce vice president that joined the company in 2019. [PEP](https://investorplace.com/stock-quotes/pep-stock-quote/)) and Bed Bath & Beyond (NASDAQ: [BBBY](https://investorplace.com/stock-quotes/bbby-stock-quote/)) stock in the news, as well as this morning’s biggest pre-market stock movers. He announced his departure just a few days ago after only serving in the role for roughly one year.
Enterprise messaging platform Slack CEO and co-founder Stewart Butterfield announced that he is leaving Salesforce in January 2023.
CRM major Salesforce acquired Slack for $27.7 billion in July last year. “This has nothing to do with Bret’s departure,” Butterfield wrote in a Slack channel. Enterprise messaging platform Slack CEO and co-founder Stewart Butterfield announced that he is leaving Salesforce in January 2023.
On the future of work, Slack cofounder Stewart Butterfield says “people are making tweets or blog posts or articles that are speculating about what's going ...
[presentation](https://www.starboardvalue.com/wp-content/uploads/2022-C4K-Conference-Presentation-Wix.com-Ltd.-Splunk-Inc.-Salesforce-Inc.-Vertiv-Holdings-Co.pdf), start on slide 15.) Salesforce recently reported a 14% year-over-year increase in [third-quarter](https://s23.q4cdn.com/574569502/files/doc_financials/2023/q3/CRM-Q3-FY23-Earnings-Press-Release-w-financials.pdf) revenues to $7.84 Billion with earnings of $210 million, less than half the total a year earlier. [stepping down as CEO of Slack](https://www.forbes.com/sites/jenamcgregor/2022/12/05/stewart-butterfield-slack-ceo-and-cofounder-is-stepping-down-in-salesforce-departure/?sh=8bd584760204) in January, there's much debate as to why. Being an entrepreneur is hard work—but it’s often a different kind of hard work than what’s needed to turn around a large company in a tough economy. (Slack’s new CEO Lidiane Jones already has [her new banner up](https://www.linkedin.com/in/lidianejones). (Being co-CEO of Salesforce while chairing the Twitter board—until recently—wasn’t enough excitement for him?) [ our Future of Work 50 lis](https://www.forbes.com/sites/jenamcgregor/2022/11/03/special-report-the-future-of-work/?sh=6b6dad4f4d8d)t) Sure, anyone making collaboration tools is motivated to help people connect from all parts of the planet. (Former Tableau CEO Adam Selipsky left the data visualization software company almost two years after Salesforce acquired it in 2019.) Another impending departure: President and chief strategy officer [Gavin Patterson](https://www.salesforce.com/company/leadership/bios/bio-patterson/). [the announcement ](https://investor.salesforce.com/press-releases/press-release-details/2022/Bret-Taylor-to-Step-Down-as-Salesforce-Vice-Chair-and-Co-CEO-Marc-Benioff-to-be-Chair-and-CEO/default.aspx)that Salesforce co-CEO Bret Taylor is also stepping down in January. Serial entrepreneurs like Butterfield are often itching to start a new gig once there’s a layer above them. A consequence of Starboard Value CEO Jeff Smith recently coming on as an activist investor? They moved to a six-bedroom house in Aspen and had a baby. At the time, Butterfield certainly had reason to celebrate.
Salesforce had acquired Slack last year in a nearly $28 billion deal following a massive bet that Slack's workplace app will become popular for ...
Shares in Salesforce, a component of the Dow Jones Industrial Average (.DJI), slumped about 4%. Last week, Salesforce stock tumbled after co-CEO Bret Taylor's sudden exit caught Wall Street off guard and raised concerns about the merit in having two leaders. New Delhi: Slack Chief Executive Officer Stewart Butterfield plans to leave the workplace messaging platform in January, parent company Salesforce Inc (CRM.N) said on Monday.
Stewart Butterfield, the CEO of Slack, intends to depart the business messaging app in January, according to a statement made on Monday...
Last week, Salesforce stock plummeted as co-CEO Bret Taylor abruptly left the company, surprising Wall Street and raising questions about the value of having two leaders. The Dow Jones Industrial Average (.DJI) component of Salesforce’s stock fell roughly 4%. Stewart Butterfield, the CEO of Slack, intends to depart the business messaging app in January, according to a statement made on Monday by parent company Salesforce Inc (CRM.N).