SALESFORCE.COM, INC. (NYSE:CRM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

SALESFORCE.COM, INC. (NYSE:CRM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 14, 2017, Lawrence Tomlinson informed the Board of Directors (the “Board”) of salesforce.com, inc. (the “Company”) of his intention to retire from the Board, effective as of the date of the Company’s 2017 Annual Meeting of Stockholders (the “Annual Meeting”), and to not stand for reelection at the Annual Meeting. The Company and the Board are grateful to Mr. Tomlinson for his 14 years of distinguished service, including as the Chair of the Board’s Audit and Finance Committee.

Mr. Tomlinson’s retirement is not due to any disagreement with the Company on any matters relating to the Company’s operations, policies or practices. In connection with Mr. Tomlinson’s retirement, the Board reduced the size of the Board from twelve to eleven positions, effective as of the conclusion of the Annual Meeting.

Story continues below


About SALESFORCE.COM, INC. (NYSE:CRM)

salesforce.com, inc. is a provider of enterprise cloud computing solutions, with a focus on customer relationship management (CRM). The Company’s Customer Success Platform, including sales force automation, customer service and support, marketing automation, community management, analytics, application development, Internet of Things (IoT) integration and its professional cloud services, provide the next-generation platform of enterprise applications and services. The Company delivers its solutions as a service through all the Internet browsers and on mobile devices. It sells to businesses of all sizes and in a range of industries across the world on a subscription basis, primarily through its direct sales and also indirectly through partners. Its service offerings include Sales Cloud, Service Cloud, Marketing Cloud, Community Cloud, Analytics Cloud, IoT Cloud and App Cloud. It also offers professional services to facilitate the adoption of its solutions.

SALESFORCE.COM, INC. (NYSE:CRM) Recent Trading Information

SALESFORCE.COM, INC. (NYSE:CRM) closed its last trading session up +0.04 at 83.52 with 3,762,071 shares trading hands.

An ad to help with our costs