{"id":61347,"date":"2026-10-29T10:23:06","date_gmt":"2026-10-29T07:23:06","guid":{"rendered":"https:\/\/thesauditimes.net\/en\/?p=61347"},"modified":"2026-10-29T10:23:06","modified_gmt":"2026-10-29T07:23:06","slug":"marc-benioff","status":"publish","type":"post","link":"https:\/\/thesauditimes.net\/en\/marc-benioff\/","title":{"rendered":"Marc Benioff, Salesforce Chair and Chief Executive Who Took CRM Software to the Cloud"},"content":{"rendered":"<p>Marc Benioff is the chair, chief executive officer and co-founder of <a href=\"https:\/\/thesauditimes.net\/en\/salesforce\/\">Salesforce<\/a>, the San Francisco company best known for customer relationship management software delivered over the internet. He has been chief executive since 2001, two years after the company was incorporated.<\/p>\n<p>He now leads one of the largest software businesses in the world through a shift to artificial intelligence. Salesforce reported $41.5 billion in revenue for its 2026 fiscal year, and its Agentforce platform for AI agents reached $800 million in annual recurring revenue.<\/p>\n<h3>Education<\/h3>\n<p>Benioff earned a Bachelor of Science in business administration from the University of Southern California. He now serves on the university&#8217;s Board of Trustees, and USC awarded him an honorary Doctor of Humane Letters in 2014.<\/p>\n<h3>Career<\/h3>\n<p>His first steps in business came early. According to his official biography, he sold his first piece of software, a program called How to Juggle, for $75, and later set up Liberty Software, a small company that made video games.<\/p>\n<p>He then spent 13 years at Oracle, the database company co-founded by <a href=\"https:\/\/thesauditimes.net\/en\/larry-ellison-net-worth-biography-age-companies-and-career-journey\/\">Larry Ellison<\/a>. Salesforce says he became the youngest vice president in Oracle&#8217;s history.<\/p>\n<p>On March 8, 1999, Benioff incorporated Salesforce with Parker Harris, Frank Dominguez and Dave Moellenhoff. The four began building the first version of their sales software in a rented one-bedroom flat on Telegraph Hill in San Francisco.<\/p>\n<p>The product launched on February 7, 2000, at an event in San Francisco built around the slogan &#8220;The End of Software&#8221;. The slogan set out the company&#8217;s plan to deliver software over the internet.<\/p>\n<p>Benioff became chief executive and chairman in November 2001. In 2003 the company held its first Dreamforce conference in San Francisco.<\/p>\n<p>Salesforce listed on the New York Stock Exchange on June 23, 2004, raising about $110 million at $11 a share. A year later, in September 2005, it launched AppExchange, a marketplace for software built by other companies to run on its platform.<\/p>\n<p>From the founding, Benioff set aside 1 percent of the company&#8217;s equity, product and employee time for community work, a plan known as the 1-1-1 model. He later co-founded the Pledge 1% movement, which Salesforce says more than 20,000 companies have joined.<\/p>\n<p>Acquisitions widened the business over the following decade. Salesforce bought ExactTarget in 2013, MuleSoft in 2018 and Tableau in 2019. It agreed to buy Slack in December 2020 and completed the deal in July 2021.<\/p>\n<p>Benioff shared the chief executive title with Bret Taylor from November 2021. Taylor left the company at the end of January 2023, and Benioff has led it alone since then.<\/p>\n<p>AI has been a long-running theme. Salesforce launched Einstein in 2016, unveiled the Einstein 1 Platform in 2023 and introduced Agentforce in 2024. In fiscal 2026 it completed the purchase of the data management company Informatica for a total net consideration of $9.6 billion.<\/p>\n<h3>Current Roles<\/h3>\n<ul>\n<li>Chair of the board, chief executive officer and co-founder, Salesforce<\/li>\n<li>Chair, Salesforce Foundation<\/li>\n<li>Member, World Economic Forum Board of Trustees<\/li>\n<li>Inaugural chair, World Economic Forum Centre for the Fourth Industrial Revolution, San Francisco<\/li>\n<li>Member, University of Southern California Board of Trustees<\/li>\n<\/ul>\n<h3>Key Achievements<\/h3>\n<h4>Software delivered over the internet<\/h4>\n<p>Salesforce has sold its software as an online service since launch, and its official biography of Benioff calls him a pioneer of cloud computing. Its annual report describes it as the number one provider of CRM software worldwide.<\/p>\n<h4>Growth to more than $40 billion in revenue<\/h4>\n<p>Under Benioff the company has grown from a four-person start-up to a business with more than 83,000 employees. Fiscal 2026 revenue rose 10 percent from a year earlier.<\/p>\n<p>Salesforce lists five core values for its staff: trust, customer success, innovation, equality and sustainability. Benioff also set out his view of the role of companies in a book, Trailblazer: The Power of Business as the Greatest Platform for Change, which became a New York Times bestseller.<\/p>\n<ul>\n<li>Revenue of $41.5 billion in fiscal 2026<\/li>\n<li>Fourth-quarter revenue of $11.2 billion, up 12 percent<\/li>\n<li>Free cash flow of $14.4 billion, up 16 percent<\/li>\n<\/ul>\n<h4>The move to AI agents<\/h4>\n<p>Agentforce lets companies build software agents that handle tasks for staff and customers inside Salesforce applications. By the end of fiscal 2026 the company had closed more than 29,000 Agentforce deals since launch, a rise of 50 percent on the previous quarter. Co-founder Parker Harris remains with the company as an adviser to the chief executive.<\/p>\n<p>The platform can also connect with tools from other providers, as our report on how <a href=\"https:\/\/thesauditimes.net\/en\/google-cloud-launches-gemini-agent-a-single-ai-agent-for-work-that-also-runs-claude\/\">Google Cloud launches Gemini agent<\/a> shows, with Salesforce listed among the reported connectors.<\/p>\n<h4>Investment in Saudi Arabia<\/h4>\n<p>On February 10, 2025, at the LEAP technology conference in Riyadh, Salesforce announced a $500 million investment in Saudi Arabia. The plan includes running its Hyperforce platform locally through a partnership with Amazon Web Services.<\/p>\n<ul>\n<li>Hyperforce in Saudi Arabia lets customers run workloads in the Kingdom<\/li>\n<li>The announcement followed Salesforce&#8217;s plan to open regional headquarters in Riyadh<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1920\" height=\"1080\" data-attachment-id=\"61349\" data-permalink=\"https:\/\/thesauditimes.net\/en\/marc-benioff\/marc-benioff-salesforce-chair-and-chief-executive-who-took-crm-software-to-the-cloud-2\/\" data-orig-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo.png\" data-orig-size=\"1920,1080\" data-comments-opened=\"0\" data-image-title=\"Marc Benioff, Salesforce Chair and Chief Executive Who Took CRM Software to the Cloud\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;An entrance to Dreamforce, the Salesforce conference, in San Francisco, 2022. Photo: InvadingInvader, CC BY-SA 4.0, via Wikimedia Commons&lt;\/p&gt;\n\" data-large-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo-1024x576.png\" src=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo.png\" alt=\"Marc Benioff, Salesforce Chair and Chief Executive Who Took CRM Software to the Cloud\" class=\"wp-image-61349\" srcset=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo.png 1920w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo-300x169.png 300w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo-1024x576.png 1024w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo-768x432.png 768w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo-1536x864.png 1536w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo-60x34.png 60w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2026\/10\/marc-benioff-photo-600x338.png 600w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><figcaption>An entrance to Dreamforce, the Salesforce conference, in San Francisco, 2022. Photo: InvadingInvader, CC BY-SA 4.0, via Wikimedia Commons<\/figcaption><\/figure>\n<h3>The Company in Numbers<\/h3>\n<ul>\n<li>Revenue: $41.5 billion (fiscal 2026, ended January 31, 2026)<\/li>\n<li>Remaining performance obligation: $72.4 billion, up 14 percent (fiscal 2026)<\/li>\n<li>Operating cash flow: $15.0 billion (fiscal 2026)<\/li>\n<li>Agentforce annual recurring revenue: $800 million, up 169 percent (fiscal 2026)<\/li>\n<li>Employees: 83,334 (January 31, 2026)<\/li>\n<li>Initial public offering: about $110 million raised at $11 a share (2004)<\/li>\n<\/ul>\n<h3>Awards and Honours<\/h3>\n<ul>\n<li>Innovator of the Decade, Forbes<\/li>\n<li>One of the 10 Best-Performing CEOs, Harvard Business Review<\/li>\n<li>CNN Business CEO of 2020<\/li>\n<li>CEO of the Year, Chief Executive Magazine (2022)<\/li>\n<li>Elected to the National Academy of Engineering (2019)<\/li>\n<li>Honorary Doctor of Humane Letters, University of Southern California (2014)<\/li>\n<li>Chevalier de la Legion d&#8217;honneur, France<\/li>\n<li>Yale Legend in Leadership Award (2024)<\/li>\n<\/ul>\n<h3>In Their Own Words<\/h3>\n<p>In the company&#8217;s fourth-quarter fiscal 2026 results on February 25, 2026, Benioff said: &#8220;the more intelligence moves to where work happens, the more valuable Salesforce becomes.&#8221;<\/p>\n<p>Announcing the Saudi investment in Riyadh in February 2025, he said: &#8220;We are entering a new era where autonomous AI agents working with humans are transforming workforces.&#8221;<\/p>\n<p><strong>Read also: <a href=\"https:\/\/thesauditimes.net\/en\/from-ai-pilots-to-enterprise-scale-deloitte-middle-east-returns-to-leap-2026\/\">From AI pilots to enterprise scale: Deloitte Middle East returns to LEAP 2026<\/a><\/strong><\/p>\n<div class=\"refs\">\n<h3>References<\/h3>\n<p><b>Internal<\/b><\/p>\n<ul>\n<li><a href=\"https:\/\/thesauditimes.net\/en\/salesforce\/\">Salesforce: the cloud software company and what it does<\/a><\/li>\n<li><a href=\"https:\/\/thesauditimes.net\/en\/larry-ellison-net-worth-biography-age-companies-and-career-journey\/\">Larry Ellison: Biography, Companies, and Career Journey<\/a><\/li>\n<li><a href=\"https:\/\/thesauditimes.net\/en\/google-cloud-launches-gemini-agent-a-single-ai-agent-for-work-that-also-runs-claude\/\">Google Cloud launches Gemini agent, a single AI agent for work that also runs Claude<\/a><\/li>\n<li><a href=\"https:\/\/thesauditimes.net\/en\/from-ai-pilots-to-enterprise-scale-deloitte-middle-east-returns-to-leap-2026\/\">From AI pilots to enterprise scale: Deloitte Middle East returns to LEAP 2026<\/a><\/li>\n<\/ul>\n<p><b>External<\/b><\/p>\n<ul>\n<li><a href=\"https:\/\/www.salesforce.com\/company\/marc-benioff-bio\/\" target=\"_blank\" rel=\"noopener\">Salesforce: Marc Benioff biography<\/a> \u2014 2026<\/li>\n<li><a href=\"https:\/\/www.salesforce.com\/news\/stories\/the-history-of-salesforce\/\" target=\"_blank\" rel=\"noopener\">Salesforce: The History of Salesforce<\/a> \u2014 2026<\/li>\n<li><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1108524\/000110852426000060\/crm-20260131.htm\" target=\"_blank\" rel=\"noopener\">Salesforce: Annual Report on Form 10-K for fiscal 2026<\/a> \u2014 2026<\/li>\n<li><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1108524\/000110852426000056\/crm-q4fy26xexhibit991.htm\" target=\"_blank\" rel=\"noopener\">Salesforce: Fourth-quarter fiscal 2026 results<\/a> \u2014 2026<\/li>\n<li><a href=\"https:\/\/www.salesforce.com\/news\/press-releases\/2025\/02\/10\/saudi-arabia-investment\/\" target=\"_blank\" rel=\"noopener\">Salesforce: $500M investment in Saudi Arabia<\/a> \u2014 2025<\/li>\n<li><a href=\"https:\/\/www.salesforceben.com\/co-ceo-bret-taylor-is-leaving-salesforce\/\" target=\"_blank\" rel=\"noopener\">Salesforce Ben: Co-CEO Bret Taylor is leaving Salesforce<\/a> \u2014 2022<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Marc Benioff co-founded Salesforce in 1999 and has been its chief executive since 2001. The company reported $41.5 billion in revenue for fiscal 2026.<\/p>\n","protected":false},"author":1,"featured_media":61436,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[13200],"tags":[],"class_list":["post-61347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marc Benioff: Salesforce Co-Founder, Chair and CEO<\/title>\n<meta name=\"description\" content=\"Marc Benioff co-founded Salesforce in 1999 and has led it as CEO since 2001. 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