Stewart Butterfield announced that he will be stepping down in January. The news was reported by Business Insider. It was confirmed by email.
A succession plan that had apparently been lacking when Taylor surprised everyone by stepping down last week was replaced by the executive VP and GM for digital experiences clouds atSalesforce.
Stewart is an amazing leader who created an amazing company. The company said that he helped lead the successful integration of Slack into the company's platform.
He talked about the succession plan, saying thatStewart was instrumental in selecting the next CEO. Over the course of three years, Lidiane has been among the leaders of the company. We are grateful for Stewart and excited for her to take over.
Butterfield joined the company at the time of the acquisition of Slack. The news of Mark Nelson stepping down came on Thursday. You wonder what is happening in the C-Suite.
This could explain why Benioff was so upset at last week's earnings' call, even after the initial shock of Taylor's announcement. The first thought that came to my mind was that things like this happen in threes. You feel like this was the other shoe to drop with the founder/CEO announcing his departure within days of each other and the architect of the $27 billion acquisition being the same person. This news must have been one of the reasons why the man was so upset when he announced that he was stepping down.
Butterfield was the one who helped found the photo sharing site. The current version of Yahoo owns this publication. There is a game called Glitch. The game didn't go anywhere, but the company's internal communication platform eventually became Slack. After growing in popularity, it went public and was bought bySalesforce.
The stock of the company is down.