Courtesy of Salesforce
Buried by the news of its acquisition of workplace messaging giant Slack, Salesforce announced a major change to its leadership team in 2021. The company’s current CFO, Mark Hawkins, plans to retire at the end of January 2021 and will be replaced by Amy Weaver, Salesforce’s current President and Chief Legal Officer.
Hawkins has been a stalwart executive at Salesforce since 2014 and a critical figure in the company’s climb to be worth almost $220 billion.
Though Hawkins is stepping down from his current role, he will stay with Salesforce as CFO emeritus until October 2021 to ensure there aren’t any disruptions. CEO Marc Benioff said in the company’s quarterly earnings report that, “Mark and Amy have been incredibly effective partners in the operations of the company, and with Mark staying on as an advisor for an extended period we expect to have a very smooth transition.”
Weaver initially began Salesforce in 2013 as SVP and General Counsel and was promoted to the company’s top legal position earlier this year. Before joining Salesforce, the Harvard Law School graduate had served in senior legal roles at Univar and Expedia and had held positions at law firms Perkins Coie and Cravath Swaine & Moore.
During the company’s earnings call, Weaver said her primary focus as CFO will be to support the company’s momentum as it continues to grow and to scale the business efficiently. The timing of the transition places the integration of Slack’s business into Salesforce squarely on her shoulders, as the acquisition isn’t expected to be approved by shareholders and regulators until mid-2021.
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