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Dive Brief:
- Lidiane Jones, the EVP and GM of experience cloud, commerce cloud and marketing cloud at Salesforce, has been promoted to Slack CEO. Jones has been at Salesforce since 2019, according to LinkedIn.
- Slack CEO and Co-founder Stewart Butterfield is expected to leave the company in January. A Salesforce spokesperson said Butterfield was instrumental in choosing Jones as the next Slack CEO. The news comes days after Salesforce announced Co-CEO Bret Taylor would step down in January, though the two departures were said not to be connected.
- Salesforce acquired Slack in 2021 for nearly $28 billion as a way to bring cross-enterprise exposure and tie together two disparate parts of the business.
Dive Insight:
Salesforce has had a busy week from reporting earnings to announcing the departure of two execs.
The company is seeing a slowdown in enterprise tech spending from U.S. clients, though the pullback varies by industry. Even with difficult economic conditions, the company reported 14% year-over-year revenue growth in its third quarter, totaling close to $8 billion.
The pressure is now on for Salesforce CEO Marc Benioff to chart a path forward amid external pressures on tech spend and the exodus of top leaders.
For Slack, Jones is focused on growing Slack by leveraging Salesforce’s customer base.
“We have so much opportunity to bring the digital HQ to every Salesforce customer and many more as we continue to grow together,” Jones tweeted.
