Slack’s public valuation peaked in 2019 at $23 billion. Of this total $430,000 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $3,453,713 was awarded as stock and $285,421 came from other types of compensation. How much does Slack CEO make?Īs Chief Executive Officer at SLACK TECHNOLOGIES INC, Stewart Butterfield made $4,169,134 in total compensation. Making work-based communication fun and engaging would be the secret sauce that made Slack so wildly successful. According to Butterfield, “Slack” is an acronym standing for “Searchable Log of All Conversation and Knowledge,” which he chose in 2012 to replace the previous codename, “linefeed.” Why is Slack so successful?īutterfield and his team already knew how to make repetitive tasks fun and engaging, as this is core to the gameplay experience of the MMORPG genre. Slack launched to the public in August 2013. Just in time for what promises to be another summer of record-breaking climate change temperatures, tech billionaire and Slack co-founder Stewart Butterfield set his sights on a Hamptons warm-weather retreat. In 2013, Stewart and his team launched Slack, which has transformed business communication. For more than 20 years, he has been an entrepreneur, designer and technology leader, usually all at once. Stewart Butterfield is the CEO and co-founder of Slack.

Slack founder