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After investing $28B in Slack, Salesforce bets on one of its own as new CEO


A conversation with Lidiane Jones about Slack’s future

Ron Miller

8 hours

In a flurry of activity at the end of last year, Salesforce announced that co-CEO Bret Taylor was stepping down. Shortly thereafter, Slack co-founder and CEO Stewart Butterfield announced his exit. We would soon learn that his replacement would be Lidiane Jones, who at the time was GM of Commerce Cloud, Marketing Cloud and Experience Cloud at Salesforce.
While Jones was running essentially the entire B2C business with that title, she was relatively unknown in the industry. Yet she brought with her a deep background that included more than a dozen years at Microsoft and almost four years at Sonos, all of which helped her build a keen understanding of software and product development.
To be sure, she was walking into a difficult situation replacing a beloved founder-CEO, while trying to find ways to bridge the gap between Salesforce and Slack. At the same time those executives were leaving, Salesforce as a company was dealing with a slew of activist investors. One of their primary complaints was a lack of integration between the core Salesforce products and the company’s expensive acquisitions over the last several years.
Of those, Slack was by far the most expensive at a whopping $28 billion. The hop …

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