Salesforce co-CEO Keith Block steps down, Marc Benioff to be sole chief

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Salesforce co-CEO Keith Block steps down, Marc Benioff to be sole chief
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Salesforce.com Inc said on Tuesday Keith Block has stepped down as co-chief exec...

FILE PHOTO: The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid

- Salesforce.com Inc said on Tuesday Keith Block has stepped down as co-chief executive officer, making Marc Benioff the sole CEO of the business software company, sending its shares down nearly 3% in extended trading. Block was widely seen as a potential successor to Benioff, who founded the company in 1999, and will continue as the chairman.

The company has spent more than $16 billion last year for acquisitions, adding muscle to its cloud products as it fends off competition from bigger rivals like Oracle Corp (

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