New Delhi: Slack Chief Executive Officer Stewart Butterfield plans to leave the workplace messaging platform in January, parent company Salesforce Inc (CRM.N) said on Monday. Lidiane Jones, who is the senior vice-president of product management for Salesforce Commerce Cloud, will take over as CEO of Slack, a company spokesperson said.
ALSO READ | WhatsApp 'Message Yourself' feature rolled out: Here's Step-by-Step guide to use this function - In PICS
Business Insider had first reported the news earlier in the day. Shares in Salesforce, a component of the Dow Jones Industrial Average (.DJI), slumped about 4%.
ALSO READ | 'Rare to see...': Anand Mahindra reacts to World Bank's India GDP forecast
Salesforce had acquired Slack last year in a nearly $28 billion deal following a massive bet that Slack's workplace app will become popular for collaborations within and between companies. Last week, Salesforce stock tumbled after co-CEO Bret Taylor's sudden exit caught Wall Street off guard and raised concerns about the merit in having two leaders.
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.