executive leaves company

CRM vendor Inc. last week saw the departure of its president and CEO, John Dillon, said officials at the San Francisco-based company on Friday.

"The company is doing very well. We just had a record October, and we agreed that this company is getting ready to enter its next stage of growth, and this was a good time for a transition," said Marc Benioff, chairman and founder of the company, who is now filling in as president and CEO. "I'm currently picking up the slack, and we don't currently have a search [for a replacement] under way."

Dillon left the company on good terms, Benioff said. He and Dillon had worked together previously at Oracle Corp., Benioff said., which specializes in delivering CRM as an online service, is expecting US$25 million in revenues for the year, as opposed to just $7 million in 2000, according to Benioff.

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