News : Salesforce Names Block Co-CEO to Join Benioff
San Francisco, CA, USA, Aug 8, 2018 -- Salesforce named Keith Block co-CEO reporting to the board of directors. The move could set up a succession plan for now co-CEO Marc Benioff.
In a statement, Benioff said Block, who joined the company in 2013 and became operating chief in 2016, is a "trusted partner" running the company.
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Block is more of an operator and Benioff plays visionary. Add it up and the two executives can play off each other's strengths.
Benioff will focus on vision and innovation around technology, culture and marketing. Block will focus on growth, executing and operations.
If this model sounds a bit familiar it should. Oracle has co-CEOs with Safra Catz and Mark Hurd with former CEO Larry Ellison being CTO and doing the vision thing.
Separately, Salesforce said CTO and co-founder Parker Harris will join the board of directors.
In a tweet, Benioff said the co-CEO arrangement with Block should drive plans to top $20 billion in annual revenue.
Posted by Veronica Silva Cusi, news correspondent
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Salesforce.com delivers software-as-service offering a family of on demand solutions for integrated sales force automation, campaign management, customer service and support, and document and file management to help companies meet the complex challenges of global customer communication. The company has introduced sforce, a new service that will change how applications are built as significantly as salesforce.com changed how applications are delivered.
Published: Thursday, August 9, 2018