• General
  • February 2, 2021
  • 5 minutes read

Salesforce Shuffles Leadership Team; CFO Departs

Salesforce, the cloud enterprise software giant that’s on the cusp of a deal to buy Slack for $28 billion, has…

Salesforce logo


Salesforce, the cloud enterprise software giant that’s on the cusp of a deal to buy Slack for $28 billion, has shuffled its leadership team as the company’s long-time chief financial officer, Mark Hawkins, has announced his departure. Hawkins is stepping down from the CFO role after over six years at Salesforce and leaving the company for said retirement.

Hawkins is leaving after overseeing a period of unprecedented growth for Salesforce, wherein the company’s market cap has burgeoned from around $30 billion in 2014 now to over $200 billion. As CFO, he has helped steer a lot of big acquisitions that drove Salesforce’s growth.

Hawkins will now be replaced in his role of CFO by Salesforce’s chief legal officer, Amy Weaver. He’ll remain Salesforce’s CFO emeritus until October 2021 before he finally departs the company.

Mark Hawkins
Mark Hawkins


Monetary-wise, Hawkins has done very well for himself, pulling in tens of millions of dollars in compensation over his six years as Salesforce’s CFO. As such, he can definitely afford a good retirement.

Also on Salesforce’s leadership shuffle is the promotion of an executive by name of David Schmaier to the role of President and Chief Product Officer (CPO). Shmaier was previously the CEO of Vlocity, a cloud software company that Salesforce paid $1.3 billion to buy last year February.

As seen, Schmaier has joined the handful of executives who have come from other acquired companies to hold top roles at Salesforce. Another that comes to mind is Bret Taylor, Salesforce’s Chief Operating Officer who had founded and sold a company, Quip, to Salesforce before joining its leadership team after the acquisition.

Another leadership change is the promotion of Clara Shih to become the GM of Salesforce’s Service Cloud division. Shih is a long-time Salesforce executive who joined the company back in 2006. She’s currently also a board member at the coffee chain Starbucks.




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