Salesforce is losing the former CEO of MuleSoft, almost 2 years after he sold his company to the cloud giant for $6.5 billion (CRM)

Greg Schott

Salesforce Executive VP and former MuleSoft CEO Greg Schott is leaving the company, Business Insider has learned.
Schott came to Salesforce in March 2018 after the cloud software giant bought MuleSoft and was then prompted to executive VP of emerging API initiatives at Salesforce in May.
MuleSoft makes tools that helps bring data from one piece of software into another, whether or not they have an official integration, making it a key piece of Salesforce's overall strategy.
The news comes not long after the departure of co-CEO Keith Block.
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Salesforce Executive VP Greg Schott is leaving the company, Business Insider has learned. An update to Schott's LinkedIn profile shows his employment at Salesforce ending this month.

Schott came to Salesforce in March 2018 after the cloud software giant bought MuleSoft, where he had been chairman and CEO since 2009, for $6.5 billion. He was promoted to executive VP of emerging API initiatives at Salesforce in May.

News of his departure comes shortly after former Salesforce co-CEO Keith Block made the surprise announcement that he would be stepping down from the role, remaining only as an advisor to CEO Marc Benioff.

MuleSoft, for its part, has gone on to become a key part of the company. MuleSoft makes tools that helps bring data from one piece of software into another, whether or not they have an official integration.

That's important for Salesforce, which has been working towards a goal of helping its customers get a "360-degree view" of all of the data in their company, across all of their various software systems in the sales, service, and marketing departments.

MuleSoft is Salesforce's second biggest acquisition, with its more recent $15.7 billion acquisition of Tableau being the biggest.

Schott joined MuleSoft as its CEO and chairman in 2009 and led the company to its IPO in 2017, before it was acquired by Salesforce in 2018. Prior to that he held roles at other software companies.

Schott's exit is not unusual for a CEO whose company has been acquired. Ross Mason, MuleSoft's founder, left the company to join the SignalFire venture fund after the acquisition. Scott McCorkle, the former president of ExactTarget, which Salesforce bought for $2.5 billion in 2013, became the head of Salesforce Marketing Cloud. He then left the company in 2016 and later founded a startup called MetaCX.

However, Schott's departure is notable for coming so soon after Block announced his own exit, raising the question of whether other execs will follow.

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