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Bret Taylor Exits Salesforce As Co-CEO

December 1, 2022

Bret Taylor will step down as Vice Chair and Co-CEO of Salesforce, effective January 31, 2023. At that point, Marc Benioff will be Chair and CEO of the company.

“I am grateful for six fantastic years at Salesforce,” said Taylor. “Marc was my mentor well before I joined Salesforce and the opportunity to partner with him to lead the most important software company in the world is career-defining. After a lot of reflection, I've decided to return to my entrepreneurial roots. Salesforce has never been more relevant to customers, and with its best-in-class management team and the company executing on all cylinders, now is the right time for me to step away.”

“It’s bittersweet that Bret has decided to step down as my Co-CEO,” said Benioff. “He made his mark on Salesforce as an incredible technologist, leader and friend to us all. Bret founded two incredible companies so it’s understandable why he wants to return to his entrepreneurial roots. I’m excited to see his next chapter unfold, as I’ll always be his biggest champion and he’ll always be part of the Salesforce ‘Ohana.”

Also, Salesforce reported results for its third quarter fiscal 2023 ended October 31, 2022.

“We had a solid quarter with revenue of $7.84 billion, up 14% year-over-year or 19% growth in constant currency, and record operating margin,” said Marc Benioff, Chair & Co-CEO, Salesforce. “We’re grateful to our customers for their commitment, especially as we help them succeed in this challenging environment. There’s never been a more important time for our customers to connect with their customers in a whole new way.”

“Our customers are tapping into the power of Customer 360 to gain faster time to value and reduce costs,” said Bret Taylor, Co-CEO, Salesforce. “We continued to drive profitable growth in the quarter, and we are closing more transformational deals and multi-cloud expansions.”

“We delivered another quarter of double-digit top and bottom line growth,” said Amy Weaver, President and CFO, Salesforce. “In this time of economic uncertainty, we remain committed to profitable growth and consistent operating margin expansion.”

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