In a surprising development, Salesforce announced that co-CEO Keith Block has stepped down to become an adviser to CEO Marc Benioff. Block, who joined Salesforce in 2013 as head of sales after 26 years at Oracle, was appointed co-CEO two years ago. It could be argued that Block was the best hire in Salesforce’s history. That’s how Benioff often described his decision to bring on Block in the...
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Logistics Startup Next Trucking Tries to Sell Itself
Sequoia Capital–backed logistics startup Next Trucking, facing a slowdown in the trucking sector, is trying to sell itself, according to people familiar with the matter and a pitch deck reviewed by The Information. Next has enlisted the help of BG Strategic Advisors, a Florida-based boutique investment bank specializing in transportation and logistics mergers and acquisitions, according...
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