7

Following Bret Taylor's departure, more top executives are leaving Salesforce

 1 year ago
source link: https://finance.yahoo.com/news/following-bret-taylors-departure-more-113500605.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.

Following Bret Taylor's departure, more top executives are leaving Salesforce

Jordan Parker Erb
Tue, December 6, 2022, 8:35 PM·4 min read
d8f88bb5ea523aef8c0cc79f47dc2b46
Following Bret Taylor's departure, more top executives are leaving Salesforce

Hello, tech readers. Quick question: Have you gone "goblin mode" yet this year?

Maybe you have — even if you didn't realize it. Goblin mode, which was crowned Oxford English Dictionary's 2022 word of the year, means being unapologetically self-indulgent or lazy, "typically in a way that rejects social norms or expectations."

I've got more on goblin mode below, but first, let's talk about Salesforce, which is seeing more executive departures this week.

I'm your host, Jordan Parker Erb. Let's get started.

If this was forwarded to you, sign up here. Download Insider's app here.

Stewart Butterfield
Stewart Butterfield


Slack CEO Stewart Butterfield speaks at his company's Frontiers conference at Pier 27 & 29 on April 24, 2019, in San Francisco, California.NOAH BERGER/AFP via Getty Images

1. Slack CEO Stewart Butterfield will exit Salesforce in January. The news of Butterfield's departure comes just days after Salesforce announced co-CEO Bret Taylor is also leaving the company — though Butterfield told staff the moves were unrelated.

  • Butterfield posted his announcement, viewed by Insider, to an internal Slack channel at Salesforce on Monday morning, saying: "This has nothing to do with Bret's departure. Planning has been in the works for several months!"

  • According to the memo, Lidiane Jones, currently executive vice president and general manager of digital experiences clouds at Salesforce, will take over for Butterfield as CEO of Slack. Meet Jones here.

  • Butterfield's departure isn't the only exit to follow Bret Taylor's. A day after Taylor's announcement, Tableau's CEO and one of Salesforce's CTOs announced their exits. Here's a running list of the top execs who left Salesforce recently.

Read the memo Butterfield wrote to employees.

In other news:

Elon Musk surrounded by spinning plates holding Tesla and Twitter logos
Elon Musk surrounded by spinning plates holding Tesla and Twitter logos


PHILIP PACHECO/Getty, caracterdesign/Getty, Tyler Le/Insider

2. Elon Musk gambled big on Twitter. Tesla is going to pay the price. Vicki Bryan, founder of a bond research firm, writes that she's never seen new management blow up a company as fast as Musk is destroying Twitter — and that he might have to raid Tesla to keep his new purchase afloat. Meanwhile, the company's former C-suite is set to receive $200 million in combined stock payouts after getting fired by Musk, if he abides by their contracts.


About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK