Salesforce Announces New Board Members After Elliott Management Takes Stake
January 27, 2023 at 06:39 pm
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On January 27, 2023, Salesforce, Inc. announced 3 new members to its board of directors and the departure of 2 members following Elliott Management Corporation?s investment in the Company. The Company stated that the 3 incoming directors are Arnold Donald, Sachin Mehra, and Mason Morfit and the 2 directors who do not intend to stand for re-election at the Company?s annual meeting of stockholders are Sanford Robertson and Alan Hassenfeld.
Salesforce.com, Inc. is the world leader supplier of Customer Relationship Management (CRM) software on request. Net sales by activity break down as follows:
- online subscriptions sale (92.6%): applications for computerizing the sale forces, optimizing the commercial data processing, managing the call centres, managing the relationship with the partners, etc.;
- professional services (7.4%): consulting, implementation and training services.
Net sales are distributed geographically as follows: Americas (67.8%), Europe (22.8%) and Asia/Pacific (9.4%).