Slack CEO Butterfield to depart next month


Slack Chief Executive Officer Stewart Butterfield plans to depart the office messaging platform in January, mother or father firm Salesforce Inc mentioned on Monday.

Lidiane Jones, who’s the senior vice-president of product administration for Salesforce Commerce Cloud, will take over as CEO of Slack, an organization spokesperson mentioned.

Business Insider had first reported the information earlier within the day.

Shares in Salesforce, a element of the Dow Jones Industrial Average, slumped about 4%.

Salesforce had acquired Slack final 12 months in an almost $28 billion deal following a large wager that Slack’s office app will change into well-liked for collaborations inside and between firms.

Last week, Salesforce stock tumbled after co-CEO Bret Taylor’s sudden exit caught Wall Street off guard and raised issues in regards to the benefit in having two leaders.


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