Just a few days after the co-CEO Bret Taylor announces her resignationSlack CEO Stewart Butterfield Announces He’s Resigning In January. Business Insider first reported the news. Salesforce confirmed the news to Salesforce via email.
The company also announced that Lidiane Jones, who has served as Executive Vice President & GM for Digital Experience Clouds at Salesforce, will take over Butterfield, leaving a succession plan that appears to have been missing when it comes to digital experiences. Taylor surprised everyone by walking down last week.
“Stewart is an incredible leader who created a great, beloved company at Slack. He helped lead the successful integration of Slack into Salesforce, and today Slack is included in the Salesforce Customer 360 platform,” the company said in a statement.
He went on to discuss the succession plan: “Stewart is also credited with choosing Lidiane Jones as Slack’s next CEO to lead it into the next chapter. Lidiane has a strong background in enterprise and customer technology and has been one of Salesforce’s leaders for more than three years. We’re grateful to Stewart and excited for Lidiane as she takes over the reins at Slack.”
Butterfield came to Salesforce when the company bought Slack for $27 billion in late 2020. It appeared in the news on Thursday, that Tableau CEO Mark Nelson would step down. It makes you wonder, what’s happening in the C-Suite at Salesforce.
Brent Leary, founder and principal analyst at CRM Essentials, who has been following Salesforce since its early days, said this may explain why Benioff looked so upset during the earnings call. last week, even beyond the initial shock of Taylor’s announcement. “My first thought was that things like this usually happen in three people — first Bret, the next day Tableau CEO Mark Nelson, and now this. But with Bret being the architect of the $27 billion Slack acquisition and now the founder/CEO announcing his departure just days apart, do you feel It feels like this is another shoe that will be dropped. And this news must be another reason why Marc was visibly shaken last week when he announced Bret was stepping down,” Leary told TechCrunch.
Butterfield started his entrepreneurial journey when he helped found the photo-sharing site Flickr in 2004. He sold that company to Yahoo a year later (the current version of Yahoo owns this publication). Then he found a game called Glitch. The the game didn’t go anywherebut the company’s internal communication platform later became Slack, which he named around 2013. It quickly became popular and finally went public in 2019 before Salesforce bought it in late 2020.
Salesforce stock fell more than 4% this morning.