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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.
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.
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.
Who is founder of Salesforce?
Marc BenioffParker HarrisSalesforce/Founders
What is Marc Benioff net worth?
7 billion USD (2022)Marc Benioff / Net worth
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.
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.
Who is the CFO of Salesforce?
Amy WeaverThen again, Amy Weaver, chief financial officer of Salesforce, is not your typical leader. She spent most of her career as a lawyer, leading legal teams at Expedia and Univar Solutions before joining Salesforce as General Counsel in 2013. She became chief legal officer in 2020 and CFO in 2021.
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.
How much money is Salesforce worth?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Salesforce net worth as of June 10, 2022 is $186.17B.
What exactly Salesforce does?
Salesforce creates and supports customer relationship management (CRM) software that helps break down the technology silos between departments to give companies a complete view of their customer everywhere they interact with your brand.
What did Marc Benioff do before Salesforce?
The teenaged Benioff was already an entrepreneur when he first got in touch with Kawasaki. He’d founded a small company that made computer games, called Liberty Software, when he was just 15 years old and then used the money he made from games to help pay for his tuition at the University of Southern California.
How did Marc Benioff became successful?
Marc Benioff Career At the age of 16, March was already a successful entrepreneur with Epyx publishing his crypt of the Undead, Escape from Vulcan’s Isle, the Nightmare, and King Arthur’s Heir. This helped him earn a royalty of around $1500 a month, which helped him to pay his way through college.
Why is Marc Benioff a good leader?
Marc Benioff’s Salesforce is known for their ability to change rapidly. According to Mehta, it’s the reason none of their competitors can keep up. It’s not easy to redirect 5,000 employees, but Marc Benioff manages by inspiring total buy-in among his employees.
What is Marc Benioff salary?
How Does Total Compensation For Marc Benioff Compare With Other Companies In The Industry?Component20212020SalaryUS$1.6mUS$1.6mOtherUS$24mUS$24mTotal CompensationUS$26mUS$26mJun 3, 2021
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.
Who is the CEO of CNN 2020?
Benioff was named “Innovator of the Decade” by Forbes and is recognized as one of the World’s 25 Greatest Leaders by Fortune, one of the 10 Best-Performing CEOs by Harvard Business Review, and as the CNN Business CEO of 2020. For his leadership on equality, Benioff has been honored by GLAAD, the Billie Jean King Leadership Initiative, and Variety Magazine with its EmPOWerment Award.
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.
Why did Benioff review Salesforce?
In April 2015, Benioff announced that he would be reviewing all salaries at Salesforce to ensure men and women were being paid equally for comparable work. On the heels of the salary assessment, Benioff joined President Barack Obama in January 2016 as he celebrated the anniversary of the Lily Ledbetter Fair Pay Act and renewed his call on Congress to pass the Paycheck Fairness Act.
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.
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.
Who is Benioff on the World Economic Forum?
Benioff is also a member of the World Economic Forum Board of Trustees.
Who was Benioff’s mentor?
Before starting his company, Mata Amritanandamayi, a Hindu guru, and Colin Powell were critical mentors for him. Benioff founded Salesforce in March 1999 in a rented San Francisco apartment and defined its mission in a marketing statement as “The End of Software.”.
When did Bret Taylor join Salesforce?
Taylor joined Salesforce through the Quip acquisition in 2016, a company that he co-founded in 2013. But – who is Bret Taylor – and could he be the next CEO of Salesforce?
Who is the CEO of Quip?
At Salesforce Taylor has served as CEO of Quip, Chief Product Officer, and since Dec 2019, has served as President & Chief Operating Officer.
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.
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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