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    M Benioff

    American internet entrepreneur and philanthropist

    Marc Benioff is an influential American internet entrepreneur and philanthropist, best known as the co-founder, chairman, and CEO of Salesforce, a leading customer relationship management (CRM) software company. Born on September 25, 1964, in the San Francisco Bay Area, he has played a pivotal role in transforming how businesses utilize technology for customer engagement and sales management.

    Early Life and Education

    Benioff grew up in Hillsborough, California, and graduated from Burlingame High School in 1982. He earned a Bachelor of Science in business administration from the University of Southern California (USC) in 1986. His early interest in technology began when he was a teenager, leading him to create and sell software even before he entered college. He gained experience through internships, including one at Apple, and spent 13 years at Oracle Corporation, where he rose to the position of vice president at a young age.1

    Career and Salesforce

    In 1999, Benioff founded Salesforce in his San Francisco apartment, promoting the idea of "The End of Software" to advocate for web-based software solutions. Under his leadership, Salesforce has grown into one of the largest software companies globally and is recognized for pioneering the Software as a Service (SaaS) model. The company has expanded its offerings to include a wide range of cloud-based applications and services, making it a cornerstone of modern business technology.12

    In addition to his role at Salesforce, Benioff is also the owner of Time magazine, having purchased it in 2018. He is actively involved in various philanthropic efforts and serves on several boards, including the World Economic Forum and USC's board of trustees.1

    Leadership Philosophy

    Benioff is known for his advocacy of "stakeholder capitalism," which emphasizes the importance of considering the broader impact of business decisions on customers, employees, and communities, rather than focusing solely on shareholder profits. He has been vocal about social issues, including LGBTQ rights and reproductive health, often positioning Salesforce as a socially responsible company.12

    Recent Developments

    As of 2024, Benioff continues to lead Salesforce, recently announcing a strategic shift towards artificial intelligence within the company, reflecting the evolving landscape of technology and business.34 His vision for Salesforce remains rooted in innovation and social responsibility, making him a prominent figure in both the tech industry and corporate philanthropy.12

    Highlights

    Jul 2 · Mint
    Time magazine acquired by Salesforce founders for $190 million | Company Business News - Mint
    Time magazine acquired by Salesforce founders for $190 million | Company Business News - Mint
    Jul 1 · CNBC
    Salesforce shareholders reject compensation plan for CEO Marc Benioff, other top execs - CNBC
    Salesforce shareholders reject compensation plan for CEO Marc Benioff, other top execs - CNBC

    Related Questions

    What are some of Marc Benioff's most notable achievements at Salesforce?
    How did Marc Benioff's early career influence his leadership style at Salesforce?
    What is Marc Benioff's approach to philanthropy and social activism?
    How did Marc Benioff's acquisition of Time magazine impact his career?
    What are some of the key values that Marc Benioff emphasizes at Salesforce?
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    Location

    London, England, United Kingdom