Nov 30, 2022 - Economy

Bret Taylor to step down as Salesforce co-CEO

Kia Kokalitcheva

Photo: Marlena Sloss/Bloomberg via Getty Images

Salesforce co-CEO Bret Taylor will step down from the role on Jan. 31, leaving co-founder Marc Benioff as the sole chief executive of the software giant.

Why it matters: Taylor was promoted to the role just a year ago from his roles as president and chief operating officer. He's also the second co-CEO to depart, after Keith Block held the job from 2018 to early 2020.

What they're saying: "After a lot of reflection, I've decided to return to my entrepreneurial roots," Taylor said as part of Salesforce's official announcement.

Between the lines: Taylor had been seen as a likely successor to Benioff, who founded the company in 1999. Taylor joined as part of Salesforce's acquisition of his startup, Quip, in 2016.

Taylor was also the chairman of Twitter's board until Elon Musk completed his acquisition of the social media company just over a month ago.

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Bret Taylor to step down as Salesforce co-CEO

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