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
Item5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On April14, 2017, salesforce.com, inc. (the Company) awarded cash
bonuses to its named executive officers for fiscal year 2017
performance to the Companys bonus plan. The bonus amounts were
based primarily on the achievement of specific corporate
performance goals as well as individual performance during the
Companys fiscal year 2017, from February1, 2016 to January31,
2017, net of mid-year bonus payouts made on September30, 2016.
The following table sets forth the bonus amounts paid on April14,
2017 to the Companys named executive officers as approved by the
Compensation Committee of the Companys Board of Directors:
|
Name |
Position |
Bonus Amount | ||||
| Marc Benioff (1) | Chairman of the Board and Chief Executive Officer | $ | 2,325,000 | |||
| MarkHawkins(2) | Chief Financial Officer | 562,500 | ||||
| Keith Block (3) | Vice Chairman, President and Chief Operating Officer | 862,500 | ||||
| AlexandreDayon(4) | President and Chief Product Officer | 675,000 | ||||
| Parker Harris (5) | Co-Founder and Chief Technology Officer | 675,000 | ||||
| Burke Norton (6) |
Chief Legal Officer and Chief of Corporate and Government Affairs |
562,500 |
| (1) |
Mr.Benioffs mid-year bonus payout on September30, 2016 was $775,000. |
| (2) |
Mr.Hawkins mid-year bonus payout on September30, 2016 was $187,500. |
| (3) |
Mr.Blocks mid-year bonus payout on September30, 2016 was $287,500. |
| (4) |
Mr.Dayons mid-year bonus payout on September30, 2016 was $225,000. |
| (5) |
Mr.Harris mid-year bonus payout on September30, 2016 was $225,000. |
| (6) |
Mr.Nortons mid-year bonus payout on September30, 2016 was $187,500. |
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 down -0.21 at 83.50 with 2,498,628 shares trading hands.