Marc Benioff

Vitals

Name:

Marc Benioff

Industries:

Business Services and Supplies

2009 Compensation:

$343,263

Roles:

Chairman & CEO: Salesforce.com, Inc.

General Advisors: Keas

Marc Benioff is chairman and CEO of salesforce.com. He founded the company in 1999 with a vision to create an on-demand information management service that would replace traditional enterprise software technology. Benioff is regarded as the leader of what he has termed The End of Software, the now-proven belief that multi-tenant, cloud computing applications democratize information by delivering immediate benefits at reduced risks and costs.

Under Benioff's direction, salesforce.com has grown from a groundbreaking idea into a publicly traded company that is the leader in enterprise cloud computing. For its revolutionary approach, salesforce.com has received a Wall Street Journal Technology Innovation Award, been lauded as one of BusinessWeek’s Top 100 Most Innovative Companies, named No. 7 on The Wired 40, and selected for the past two years as a Top Ten Disrupter by Forbes. The product has won the Software & Information Industry Association Codie Award for Best CRM for the past six years, and the Codie Award for Best On-Demand Platform in 2007, as well as multiple “Editor’s Choice” designations from PC Magazine.

Benioff has been widely recognized for pioneering innovation with honors such as the San Francisco Business Times Executive of the Year, Ernst & Young Entrepreneur of the Year, the SDForum Visionary Award, and the Alumni Entrepreneur of the Year by the University of Southern California Marshall School of Business. Additionally, he has been named No. 7 on the Top 100 Most Influential People in IT survey by eWEEK, one of the Top 10 Greatest IT Chief Executives by VNU, and among the top 10 most visionary CEOs in the technology industry by InternetNews.com.

He was appointed by President George W. Bush as the co-chairman of the President’s Information Technology Advisory Committee and served from 2003-2005, overseeing the publishing of critical reports on health care information technology, cybersecurity, and computational sciences. Benioff is also the author of three books, most recently the national best seller Behind the Cloud.

Throughout his career, Benioff has been committed to using information technology to produce positive social change. In 2000, he launched the Salesforce.com Foundation—now a multimillion-dollar global organization—which established the “1-1-1 model,” whereby the company contributes one percent of profits, one percent of equity, and one percent of employee hours back to the communities it serves. Acknowledging his commitment to building partnerships between business and society to improve the state of the world, the members of the World Economic Forum named Benioff as one of its Young Global Leaders. In 2007 the Committee Encouraging Corporate Philanthropy presented Benioff with the coveted Excellence in Corporate Philanthropy Award and a year later welcomed Benioff to its distinguished board of directors. In 2008, for his thought and action leadership in corporate responsibility, CRO Magazine named Benioff CEO of the Year.

Prior to launching salesforce.com, Benioff, a 30-year veteran of the software industry, spent 13 years at Oracle Corporation from 1986-1999. In 1984, he worked as an assembly language programmer in Apple Computer’s Macintosh Division. He founded entertainment software company Liberty Software in 1979 when he was 15 years old. Benioff received a Bachelor of Science in Business Administration from the University of Southern California in 1986.

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9/8/10:

Salesforce Announces Chatter Mobile

Salesforce has announced a mobile version of Chatter, its enterprise social networking platform. The product will be available for the iPad, iPhone, iPod Touch, Android and Blackberry. The company points out that people who use Facebook through a mobile device are twice as active on the site than non-mobile ... - read more at WebProNews

tags: Apple Salesforce Facebook BlackBerry

9/8/10:

Salesforce.com Introduces Chatter Mobile

LONDON, Sept. 8 /PRNewswire/ -- CLOUDFORCE LONDON -- Salesforce.com (NYSE: CRM), the enterprise cloud computing (http://www.salesforce.com/cloudcomputing/) company, today introduced Chatter Mobile, empowering every employee with social, mobile and real-time collaboration. With Chatter Mobile, users ... - read more at RedOrbit

tags: Apple Google Morgan Stanley Salesforce.com SunTrust Banks Facebook Kaiser Permanente BlackBerry Twitter

9/8/10:

Microsoft aims to sharpen its CRM pitch

As it gears up to start testing a new version of its product, Redmond says it's tired of letting Marc Benioff's Salesforce.com own the conversation.

tags: Microsoft CRM

9/8/10:

mike-butcher

How businesses and brands deal with social media has become one of the defining issues of the recent web era. Today a pretty big leap is taking place which may define the next phase. Two of the biggest players have come together to create certainly one of the slickest and most seamless integrations ... - read more at TechCrunch

tags: Mac Windows Salesforce Facebook BlackBerry Twitter TechCrunch

9/5/10:

Partners: Cloud Computing is happening at Oracle OpenWorld

We've been working closely with partners to align their Oracle expertise with Cloud Computing opportunities. Oracle OpenWorld presents an excellent opportunity for partners to both chart their high level strategy and dig into the details of execution. The activities start on Sunday, September 19th with ... - read more at Oracle Blogs

tags: Salesforce.com PriceWaterhouseCoopers Deutsche Bank OpSource Treb Ryan

8/30/10:

Salesforce.com Chairman Sells 10,000 Shares of CRM

In a Form 4 filed after the bell today, Salesforce.com Inc. (NYSE: CRM) Chairman of the Board, Marc Benioff, reported that he sold 10,000 shares of CRM on August 30th for an average price of $110.24. The transaction totaled $1,102,421. This sale was 10b5-1 Plan indicated. Mr. Benioff owns 11,261,006 ... - read more at Benzinga

tags: Salesforce.com

8/29/10:

Insider Weekends – August 27, 2010

Welcome to edition twelve of Insider Weekends. Insider buying decreased last week with insiders purchasing $31.62 million of their stock when compared to $45.76 million in the week prior. Selling dropped more significantly with insiders selling $395.72 million worth of stock when compared to $1.01 billion ... - read more at Benzinga

tags: Complete Production Services, Inc. CGX Crown Castle International Corp. (CCI) CFO David Evans Estee Lauder Companies Inc. (EL) Chairman James Hagedorn Intuit Inc. (INTU) Salesforce.com (CRM) Scotts Miracle-Gro Co. (SMG) Tower Financial Corporation (TOFC) Tyco Electronics, Ltd. CEO Joe Davis John Tippman Sr Paul Hagedorn

8/25/10:

Salesforce.com Positioned as a Leader in the Magic Quadrant ...

SAN FRANCISCO, Aug. 25 /PRNewswire-FirstCall/ -- Salesforce.com (NYSE: CRM), the enterprise cloud computing (http://www.salesforce.com/cloudcomputing/) company, today announced it has been recognized by Gartner as a Leader in the Magic Quadrant for Sales Force Automation (July 2010). According to Gartner, ... - read more at RedOrbit

tags: Gartner Inc Salesforce.com SunTrust Banks Kaiser Permanente

8/24/10:

Salesforce.com: Red Flags and Hyperbole

Earnings Call SynopsisIt is always fun to listen to these conference calls. Marc Benioff has to be the biggest master of hyperbole this side of Cramer. He is always good for at least a few “delighteds,” one or two “amazings,” and assorted other over the top terms like “revolutionary.” ... - read more at SeekingAlpha.com

tags: Salesforce.com

8/20/10:

hyperstartus

The nature of collaboration is changing, thanks to social media, a rising number of teleworkers and — most importantly — better broadband. Instead of one-on-one collaboration over distances and in offices, folks can now collaborate with multiple people easily. Earlier this week, I saw an ... - read more at GigaOM

tags: Salesforce.com

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