In what can solely be characterised as a surprising flip of occasions, Salesforce co-CEO Bret Taylor announced his resignation yesterday, claiming he needed to return to his entrepreneurial roots. No matter his causes, it was a shock to all who cowl this firm, and it’s secure to say that few if any noticed this coming — even his mentor, Salesforce co-founder and co-CEO Marc Benioff.
Taylor is a Silicon Valley mover and a shaker. He’s labored at massive corporations like Google and Fb. Till lately, he was board chair at Twitter, serving to lead the social media big by this turbulent yr of Musk-induced madness till its new proprietor dissolved its board final month.
He additionally has small-company expertise as former CEO at FriendFeed, an early social networking outfit, and Quip, which Salesforce bought in 2016 for a hefty $750 million.
Taylor and Benioff appeared to hit it off instantly after Quip joined Salesforce, and the connection was (and apparently stays) deep and heartfelt. Consequently, Taylor raced by the ranks on the CRM big to co-chairman and co-CEO in simply 4 years.
When Jeff Bezos stepped again as CEO at Amazon final yr after main the corporate since its founding in 1994, we speculated that Benioff could be the next executive to take that step. The logical alternative, the inheritor obvious, seemed to be Taylor, who was poised to take over each time Benioff determined to spend extra time in Hawaii.
As a substitute, we now have Taylor strolling away and Benioff in cost for the foreseeable future.
