Less than two years after Mark Nelson took over the Seattle-based data visualization company owned by Salesforce, he is stepping down as CEO of Tableau Software.
Nelson announced the news twitter and LinkedIn. His last day is Thursday. “It has been a pleasure and an honor to work with all the people who make Tableau a great place to work, grow and create something that literally changes the world for the better every day,” he wrote.
Nelson says he takes time off during the holidays and goes on a trip to Patagonia, “and then he’ll move on to the next adventure.”
Nelson will not be directly replaced as his team is integrated into the broader Salesforce product and engineering teams.
“Since joining Tableau in 2018, Mark has made tremendous contributions, first leading the global Tableau product and engineering teams, and then taking on the CEO role for the past 20 months,” Tableau spokesman Tom Kim said in a statement. “We wish him the best in his next chapter and look forward to Tableau’s continued momentum and customer success.”
Nelson joined Tableau in 2018 as vice president of product development. He became CEO in March 2021, filling a void created when his predecessor Adam Selipsky was named CEO of Amazon Web Services and replaced current Amazon CEO Andy Jassy.
A Chicago native, Nelson previously held engineering leadership positions at companies such as Oracle and Concur in the Seattle area.
Tableau was first released in 2003. It went public in 2013, and Salesforce acquired the company for more than $15 billion in 2019, before acquiring tech giant Slack for $27.7 billion last year.
The acquisition of Slack and Tableau together positioned Salesforce as a tougher competitor to Microsoft in enterprise technology; Slack goes head-to-head with Microsoft Teams, and Tableau competes directly against Microsoft’s Power BI data visualization technology.
Tableau generated $516 million in revenue for Salesforce in the third fiscal quarter, up 8% year-on-year, accounting for approximately 15% of Salesforce’s total quarterly revenue of $7.8 billion. Tableau’s revenue was $1.95 billion in fiscal 2022, which ended January 31.
Salesforce stock is down more than 40% this year amid the broader market downturn.
Salesforce co-CEO Bret Taylor unexpectedly announced on Wednesday that he will step down from January 31. Salesforce founder and co-CEO Marc Benioff will continue to lead the company.
Before Salesforce acquired Tableau, it employed approximately 1,000 people in the Seattle area. Including the Tableau acquisition, Salesforce employees in the region are approximately 4,000.