Business

Marc Benioff says he’ll never leave Salesforce, thrilled Bret Taylor is co-CEO


Salesforce’s Marc Benioff told CNBC’s Jim Cramer on Tuesday that he would “never leave” the enterprise software giant he co-founded in 1999, but is delighted that Bret Taylor is joining him as his co-founder. CEO.

Benioff’s comments in an interview with “Mad Money” came shortly after Salesforce announced Taylor’s promotion. Prior to his elevation to Co-CEO, Taylor was President and Chief Operating Officer since 2019.

“I love Salesforce. You see me with our clients and how much fun I have with all of our stakeholders. I will never leave Salesforce. This is the goal of my life, ”said Benioff, who is also chairman of the company’s board of directors.

“But I couldn’t be more thrilled to have a great partner here with Bret Taylor, and he’s just amazing,” Benioff continued. “It’s my dream, for Bret to come into the business and we can work it and lead it together and lead it together in a partnership of trust, and that’s what is happening.”

Cramer had asked Benioff if Taylor’s appointment as co-CEO meant the outspoken billionaire entrepreneur was going to “go to the beach, run for president, whatever, or are you going to stay as the co-CEO? ”

Asking the question, Cramer noted that speculation about Benioff’s future as CEO swirled in August 2018, when Salesforce picked Keith Block to be co-CEO. Block resigned in February 2020, leaving Benioff sole CEO until Taylor’s promotion on Tuesday.

Taylor, 41, joined Salesforce in 2016 after the company acquired its productivity software startup Quip. He previously worked at Google and Facebook, and on Monday he became chairman of the board of Twitter.

Salesforce shares fell on Tuesday as part of extended trading after the company released its latest quarterly results. While revenue and earnings per share beat expectations, the company’s fourth-quarter earnings forecast was weaker than expected on Wall Street.

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