& cplSiteName &

Salesforce Now Has 2 Bosses – COO Keith Block Joins Marc Benioff as Co-CEO

Mitch Wagner

That was unexpected: In a late-night Tuesday announcement, Salesforce said its charismatic founder and CEO, Marc Benioff, is getting a partner, naming COO Keith Block as co-CEO.

Benioff, "who continues as Chairman of the Board, will lead Salesforce's vision and innovation in areas including technology, marketing, stakeholder engagement and culture. Block will lead the company's growth strategy, execution and operations," the company said in a statement. (See Salesforce Names COO Keith Block Co-CEO.)

Block has been vice chairman, president and a director since he joined Salesforce.com Inc. in June 2013, and was named COO in 2016.

Both men trace their career routes to Oracle Corp. (Nasdaq: ORCL). Prior to joining Salesforce, Block was Oracle's executive vice president of North America Sales and Consulting. Benioff was at Oracle 13 years before founding Salesforce in 1999, and pioneering the software-as-a-service business model.

It's unusual for tech companies to have two CEOs, but the Salesforce apple doesn't fall far from the tree in this regard; Oracle has two co-CEOs, Mark Hurd and Safra Catz.

Additionally, Parker Harris, Salesforce co-founder and chief technology officer, joins the board of directors.

In its most recent quarter, ending May 29, Salesforce achieved $3.01 billion revenue, an increase of 25% year-over-year, and 22% in constant currency, and surpassed a $12 billion annual run rate.

Related posts:

— Mitch Wagner Follow me on Twitter Visit my LinkedIn profile Visit me on Tumblr Follow me on Facebook Executive Editor, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
Flash Poll
Upcoming Live Events
March 12-14, 2019, Denver, Colorado
April 2, 2019, New York, New York
April 8, 2019, Las Vegas, Nevada
May 6, 2019, Denver, Colorado
May 6-8, 2019, Denver, Colorado
May 21, 2019, Nice, France
September 17-19, 2019, Dallas, Texas
October 1, 2019, New Orleans, Louisiana
October 10, 2019, New York, New York
November 5, 2019, London, England
December 3, 2019, New York, New York
December 3-5, 2019, Vienna, Austria
All Upcoming Live Events