Table of Contents
Who is Salesforce owned by?
Marc BenioffMarc Benioff is Chair, Co-CEO, and Co-Founder of Salesforce and a pioneer of cloud computing. Under Benioff’s leadership, Salesforce is the #1 provider of customer relationship management (CRM) software globally and one of the world’s fastest-growing enterprise software companies.
Who is founder of Salesforce?
Marc BenioffParker HarrisSalesforce/Founders
Who will be the next CEO of Salesforce?
Cloud application giant Salesforce.com has promoted President and Chief Operating Officer Bret Taylor (pictured) to serve as co-CEO with company founder Marc Benioff, the company disclosed Tuesday during its fiscal 2022 third quarter earnings call.
What did Marc Benioff do?
Oracle Years Benioff landed a job at Oracle coming out of college. As a star salesman, he quickly became one of CEO, Larry Ellison’s favourites, and won Rookie of the year at age 23. Three years later, he was promoted to Vice President, of which he was the youngest ever, making over $1M a year.
Is Salesforce part of Microsoft?
Salesforce has named Microsoft Azure as its public cloud provider for Salesforce Marketing Cloud. Salesforce will also build a new integration that connects Salesforce’s Sales Cloud and Service Cloud with Microsoft Teams.
Is Salesforce bigger than Oracle?
Salesforce’s market capitalization now stands at $180 billion, compared with $174 billion for Oracle.
Does Salesforce have two CEOs?
Salesforce has adopted a new co-CEO leadership model. Almost two years after co-founder and current CEO Marc Benioff took sole leadership, he will soon be joined by Bret Taylor, the company announced.
Who is the CEO of Salesforce India?
Arundhati BhattacharyaArundhati Bhattacharya, Chairperson and CEO of Salesforce India, highlights the similarities and dissimilarities between the public sector and the private sector, how she chose banking as a career, and the role of independent directors.
How much do Salesforce executives make?
The average Salesforce executive compensation is $223,881 a year. Salesforce’s highest paid executives include: Parker Harris $10,375,027 and Alexandre Dayon $9,864,797.
What is Marc Benioff net worth?
7 billion USD (2022)Marc Benioff / Net worth
Is Marc Benioff a good CEO?
In 2021, the company ranked second on Fortune’s 100 Best Companies to Work For list. Kawasaki said on the podcast that he always knew Benioff would be successful. He also learned over time how much the Salesforce CEO values his friendships and lends a hand to the people who helped get him where he is today.
Does Oracle own Salesforce?
Since Marc Benioff founded the company 20 years ago, Salesforce has run its business on the Oracle Database. Several years ago, Oracle moved aggressively into the SaaS business and became a direct competitor of Benioff’s in the CRM space.
What does Benioff say about business?
He follows the World Economic Forum founder Klaus Schwab ‘s stakeholder approach to leadership, which says that leaders should serve not only their shareholders but all stakeholders, including customers, employees, partners, communities and the environment, to make the world a better place.
How old was Benioff when he founded Liberty Software?
At 15 years old, he founded Liberty Software, creating and selling games such as Flapper for the Atari 8-bit. Epyx published his King Arthur’s Heir, The Nightmare, Escape from Vulcan’s Isle, and Crypt of the Undead, and by 16, Benioff was earning royalties of $1,500 a month, enough to pay for college.
How much did Marc Benioff donate to Team Trees?
In November 2019, Marc Benioff donated $900,000 to Team Trees. In October 2020, Marc and Lynne Benioff were named as one of the alliance partners of Prince William ‘s Earthshot Prize to find solutions to environmental issues.
How much is Marc Benioff worth?
Marc Russell Benioff (born September 25, 1964) is an American internet entrepreneur, with a net worth of $8.8 billion as of May 2020. [update] . He is the founder, chairman and CEO of Salesforce, an enterprise cloud computing company.
What did Benioff do in 2016?
Benioff led a similar movement in February 2016 against Georgia’s HB 757, the First Amendment Defense Act. He announced that Salesforce would reduce investments in Georgia and cancel an annual conference if the bill was passed as-is. A month later, the Governor vetoed the bill.
Is Salesforce a good place to work?
Fortune Magazine named Salesforce as the World’s Most Admired Company in the software industry four years in a row, and named the company a Best Place to Work eight years in a row. Benioff received an honorary degree of Doctor of Humane Letters from the University of Southern California on May 16, 2014.
Does Salesforce cancel travel?
In March 2015, Benioff announced Salesforce would cancel all employee programs and travel in the state of Indiana after the passing of SB 101, the Religious Freedom Restoration Act, a controversial bill which would allow companies and individuals to deny service to LGBT individuals based on religious beliefs.
Why did Benioff create Salesforce?
Building a different kind of company, Benioff created Salesforce to not only develop great products, but also to have a positive impact on the world. On day one, Benioff created the 1-1-1 model of philanthropy, which leverages the resources of Salesforce to improve communities around the world.
How old was Benioff when he started Liberty Software?
When he was 14 years old, he sold his first piece of software, “How to Juggle,” for $75. He founded his first company, Liberty Software, which created video games, at the age of 15. Benioff received a B.S. in Business Administration from the University of Southern California, where he is on its Board of Trustees.
Bret Taylor
Bret Taylor is a serial entrepreneur and a familiar face in the Silicon Valley start-up scene. After graduating from Stanford University, he held senior positions at Google and Facebook, as well as founded (and exited) two businesses, which led him to his role of President & COO at Salesforce.
Future Salesforce CEO?
Salesforce was rocked by the unexpected departure of Keith Block in Feb 2020, who had taken up a co-CEO role 2 years earlier in 2018. Marc Benioff claimed Block was the best sales executive the enterprise software industry has ever seen and credited many of Salesforce’s $100 million-plus deals to his influence.
How much revenue does Salesforce have in 2019?
For the fiscal year 2019, Salesforce reported revenue of US$13.28 billion, an increase of 26% year-over-year and 26% in constant currency. The CRM giant reported subscription and support revenues of US$12.41 billion, an increase of 27% year-over-year.
Why did Salesforce reject donations?
The not-for-profit organization Refugee and Immigrant Center for Education and Legal Services (RAICES) rejected a US$250,000 philanthropic donation from Salesforce because the company has contracts with U.S. Customs and Border Protection. The executive director of Raices, Jonathan Ryan, tweeted that “When it comes to supporting oppressive, inhumane, and illegal policies, we want to be clear: the only right action is to stop” in reference to the rejected donation. Salesforce CEO Marc Benioff responded in an official statement that the company’s employees “don’t work with CBP regarding separation of families. CBP is a customer & follows our TOS. We don’t have an agreement with ICE. I’m Proud of the Men & Women who protect & serve our country every day & I’m Proud of our Ohana .”
What are the tabs in Salesforce?
Salesforce users can configure their CRM application. In the system, there are tabs such as “Contacts,” “Reports,” and “Accounts.” Each tab contains associated information. Configuration can be done on each tab by adding user-defined custom fields.
When did Salesforce buy Slack?
On December 1, 2020, it was announced that Salesforce would acquire Slack for $27.7 billion. In February 2021, Salesforce announced that CFO Mark Hawkins would be retiring from his position after six years of working for the company, retaining however a position as CFO emeritus until October.
Is Salesforce a tax avoidance company?
Tax avoidance. In December 2019, the Institute on Taxation and Economic Policy found that Salesforce was one of 91 companies who “paid an effective federal tax rate of 0% or less” in 2018, as a result of the Tax Cuts and Jobs Act of 2017.
Does Salesforce use Solaris?
The company uses the Momentum platform from Message Systems to allow its customers to send large amounts of email.
Who owns Desk.com?
Desk.com is owned by Salesforce.com and was previously known as Assistly. Desk.com is headquartered in San Francisco, California . After being acquired by Salesforce.com for $50 million in 2011 Assistly was re-branded as Desk.com in 2012 as a customer support software. Desk.com is a SaaS customer service application.
Overview
Marc Russell Benioff (born September 25, 1964) is an American internet entrepreneur and philanthropist. He is the co-founder, chairman and co-CEO of Salesforce, an enterprise cloud computing company. In September 2018, Benioff acquired Time.
Early life and education
Benioff was raised in a Jewish family in the San Francisco Bay Area. He graduated from Burlingame High School in 1982. Benioff received a Bachelor of Science in business administration from the University of Southern California, where he was a member of the Tau Kappa Epsilon fraternity, in 1986.
Benioff is a second cousin of showrunner and television writer David Benioff, known for Game of …
Career
While in high school, Benioff sold his first application, How to Juggle, for $75. In 1979, when he was 15, Benioff founded Liberty Software, creating and selling games such as Flapper and King Arthur’s Heir for the Atari 8-bit. Royalties from these games helped Benioff pay for college.
While at USC, Benioff had an internship as a programmer at Apple. He joined Oracle Corporation in a customer-service role after graduating. Benioff worked at Oracle for 13 years in a variety of sale…
Influence and honors
In 2003, President Bush appointed Benioff co-chair of the President’s Information Technology Advisory Committee. In 2009, Benioff was named a Young Global Leader by the World Economic Forum, and is a member of its Board of Trustees. In 2012, he was named one of the “Best CEOs in the World” by Barron’s and received The Economist’s Innovation Award. In 2014, Fortune readers voted hi…
Philanthropy
Benioff founded the Salesforce Foundation in 2000. Marc and Lynne Benioff have been included in lists of top givers by Forbes and the Chronicle of Philanthropy.
In 2010, the Benioffs donated $100 million to UCSF Children’s Hospital. In 2014, they donated an additional $100 million to the hospital and $50 million to fund …
Social activism
In March 2015, Benioff announced Salesforce would cancel all employee programs and travel in the state of Indiana after the passing of the Religious Freedom Restoration Act, a bill that would allow companies and individuals to choose not to serve LGBT individuals based on religious beliefs. Benioff led an effort of business leaders fighting back against the legislation, leading to a revised version of the bill being signed into law that prohibited businesses from denying service…
Further reading
• Colin, Chris (December 11, 2019). “The Gospel of Wealth According to Marc Benioff”. Wired.
External links
• Official company biography
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Awards and recognition
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Benioff was named Innovator of the Decade by Forbes, ranked #3 on Fortune’s 2017 \”Businessperson of the Year\” list, and recognized as one of the Worlds 25 Greatest Leaders by Fortune and 15 Best-Performing CEOs by Harvard Business Review. For his leadership on equality, Benioff has been honored by GLAAD, the Billie Jean King Leadership Initiative…
Philanthropy
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Building a different kind of company, Benioff created Salesforce to not only develop great products, but also to have a positive impact on the world. On day 1, Benioff created the 1-1-1 model of philanthropy, which leverages the resources of Salesforce to improve communities around the world. Today, more than 5,000 companies have adopted the 1-1-1 model through the …
Organizations
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A member of the World Economic Forum (\”WEF\”) Board of Trustees, Benioff serves as the inaugural Chair of WEF’s Forum Center for the Fourth Industrial Revolution in San Francisco.
Business
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Before launching Salesforce, Benioff spent 13 years at Oracle Corporation, where he was the youngest vice president in company history. When he was 14 years old, he sold his first piece of software, How to Juggle, for $75. He founded his first company, Liberty Software, which created video games, at the age of 15.
Personal
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Benioff received a B.S. in Business Administration from the University of Southern California, where he is on its Board of Trustees. In 2014, USC awarded Benioff an honorary degree of Doctor of Humane Letters.