Shulou(Shulou.com)11/24 Report--

According to news in the morning of December 1, Beijing time, Salesforce, a US commercial cloud computing software developer, said on Wednesday that Brett Taylor (Bret Taylor) would resign as co-CEO on January 31. Mark Marc Benioff, who co-founded the cloud software company in 1999, will once again run the company alone.

Taylor joined Salesforce in 2016 when he sold his productivity software startup Quip to Salesforce. Taylor played a key role in Salesforce's $27.1 billion acquisition of Slack, the largest deal in the company's history.

Exactly a year ago, Taylor, 42, was promoted from the position of president and chief operating officer by Salesforce. Benioff described Taylor as "an extraordinary industry leader who has created incredible success for our customers and driven innovation throughout the company."

Given the speed with which he was promoted and the trust of Benioff and the board of directors, his departure was surprising. Two months ago, Benioff and Taylor held a company called Dream Power in San Francisco.

The resignation announcement also raises questions about Mr Benioff's ability to work with people in his position. Keith Block, a former Oracle executive, also resigned as co-chief executive of Salesforce about three years ago, just 18 months after he was promoted from chief operating officer.

Shortly after Bullock became co-chief executive, Benioff told the media that he liked the idea of sharing the top job so that they could have a "divide and rule strategy". So he can spend time investing, philanthropy and training other business leaders.

It's been a busy year for Taylor.

Taylor was chairman of Twitter before Elon Musk completed his acquisition of Twitter last month. In an interview in September, Taylor said the deal was "not mentioned very often" at Salesforce's client meetings. Taylor hasn't tweeted since October 26.

"I appreciate the six wonderful years I spent at Salesforce," Taylor said in a statement on Wednesday. "Mark was my mentor before I joined Salesforce. The opportunity to work with him to lead the most important software company in the world is decisive for my career. After careful consideration, I decided to return to the origin of starting a business. Salesforce has never been more relevant to its customers than it is now. It has a first-class management team, the company is running well, and now is the best time for me to leave. "

Before Quip, Taylor sold FriendFeed to Facebook and helped create Google Maps.

According to the company's latest proxy documents, Taylor received a total compensation of $22.8 million in fiscal 2022, most of which came from stock awards. That's up from $13.9 million last year. The median salary for Salesforce employees last year was $181612, according to the document.

As of January 31, Taylor held about $80 million in unowned shares, most of which came from restricted shares he received when Salesforce acquired Quip. The restricted shares are "paid in equal quarterly instalments until August 2023, provided Mr. Taylor continues to work at the company," according to the power of attorney document.

Also on Wednesday, Salesforce reported better-than-expected third-quarter results. But the company's shares fell 6 per cent in after-hours trading.

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