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New Salesforce Co-CEO Bret Taylor Has Growth on the Mind

  • Leader in customer relations software seeks expanded markets
  • Taylor has a strong hand in developing key Salesforce products
Bret Taylor 
Bret Taylor Photographer: David Paul Morris/Bloomberg
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Newly minted Salesforce.com Inc. co-Chief Executive Officer Bret Taylor has one singular challenge ahead of him: growth.

Investors are clamoring for the top provider of cloud-based customer relations management software to prove it can expand beyond its core business. Any misstep is bound to be noticed. After reporting revenue growth of 27% to $6.86 billion in the fiscal third quarter, exceeding analysts’ estimates, Salesforce stock dipped on forecasts for the current quarter that fell short of expectations. The shares were down 5.4% Wednesday morning in New York.