Salesforce Management

Management criteria checks 3/4

Salesforce's CEO is Marc Benioff, appointed in Feb 1999, has a tenure of 25.17 years. total yearly compensation is $29.87M, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 2.35% of the company’s shares, worth $6.30B. The average tenure of the management team and the board of directors is 2.3 years and 8.6 years respectively.

Key information

Marc Benioff

Chief executive officer

US$29.9m

Total compensation

CEO salary percentage	5.2%
CEO tenure	25.2yrs
CEO ownership	2.4%
Management average tenure	2.3yrs
Board average tenure	8.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marc Benioff's remuneration changed compared to Salesforce's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	US$4b
Oct 31 2023	n/a	n/a	US$3b
Jul 31 2023	n/a	n/a	US$2b
Apr 30 2023	n/a	n/a	US$379m
Jan 31 2023	US$30m	US$2m	US$208m
Oct 31 2022	n/a	n/a	US$278m
Jul 31 2022	n/a	n/a	US$536m
Apr 30 2022	n/a	n/a	US$1b
Jan 31 2022	US$29m	US$2m	US$1b
Oct 31 2021	n/a	n/a	US$2b
Jul 31 2021	n/a	n/a	US$2b
Apr 30 2021	n/a	n/a	US$4b
Jan 31 2021	US$26m	US$2m	US$4b
Oct 31 2020	n/a	n/a	US$4b
Jul 31 2020	n/a	n/a	US$2b
Apr 30 2020	n/a	n/a	-US$167m
Jan 31 2020	US$26m	US$2m	US$126m
Oct 31 2019	n/a	n/a	US$736m
Jul 31 2019	n/a	n/a	US$950m
Apr 30 2019	n/a	n/a	US$1b
Jan 31 2019	US$28m	US$2m	US$1b
Oct 31 2018	n/a	n/a	US$954m
Jul 31 2018	n/a	n/a	US$956m
Apr 30 2018	n/a	n/a	US$703m
Jan 31 2018	US$5m	US$2m	US$360m

Compensation vs Market: Marc's total compensation ($USD29.87M) is above average for companies of similar size in the UK market ($USD5.62M).

Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.

CEO

Marc Benioff (58 yo)

25.2yrs

Tenure

US$29,868,893

Compensation

Mr. Marc R. Benioff Co-Founded Salesforce.com, Inc. in February 1999 and had been its Chief Executive Officer February 2020 until November 30, 2021 and served as its Co-Chief Executive Officer since Novemb...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marc Benioff	Co-Founder	25.2yrs	US$29.87m	2.35% $ 6.3b
Brian Millham	President & COO	1.7yrs	US$16.58m	0.00043% $ 1.2m
Amy Weaver	President & CFO	4.3yrs	US$15.71m	0.0051% $ 13.6m
Srinivas Tallapragada	President & Chief Engineering Officer	4.3yrs	US$15.71m	0.0073% $ 19.7m
Parker Harris	Co-Founder	25.2yrs	US$15.70m	0.20% $ 533.4m
Miguel Milano	President & Chief Revenue Officer	less than a year	no data	no data
David Schmaier	President & Chief Product Officer	no data	no data	no data
Ariel Kelman	President & Chief Marketing Officer	less than a year	no data	no data
Sabastian Niles	President & Chief Legal Officer	less than a year	no data	no data
Sundeep Reddy	Executive VP & Chief Accounting Officer	2.6yrs	no data	0.00060% $ 1.6m
Juan Perez	Chief Information Officer	1.9yrs	no data	no data
Michael Spencer	Executive Vice President of Investor Relations	no data	no data	no data

2.3yrs

Average Tenure

54yo

Average Age

Experienced Management: 0QYJ's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Marc Benioff	Co-Founder	25.2yrs	US$29.87m	2.35% $ 6.3b
Parker Harris	Co-Founder	5.7yrs	US$15.70m	0.20% $ 533.4m
Arundhati Bhattacharya	Chairperson & CEO of Salesforce India	4yrs	no data	no data
Craig Conway	Independent Director	18.5yrs	US$394.84k	0.0013% $ 3.5m
Maynard Webb	Independent Director	17.6yrs	US$434.84k	0.0010% $ 2.8m
Neelie Kroes	Independent Director	7.9yrs	US$414.84k	0.00099% $ 2.7m
John Roos	Independent Director	10.6yrs	US$414.84k	0.0014% $ 3.8m
Mary Beams	Member of Advisory Board	2.8yrs	no data	no data
Mark Bertolini	Member of Advisory Board	2.8yrs	no data	no data
Robin Washington	Lead Independent Director	10.6yrs	US$462.96k	0.0042% $ 11.2m
Susan Wojcicki	Independent Director	9.3yrs	US$394.84k	0.0086% $ 23.1m
Sachin Mehra	Independent Director	1.1yrs	no data	0.00021% $ 562.6k

8.6yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 0QYJ's board of directors are considered experienced (8.6 years average tenure).

Salesforce Management

Management criteria checks 3/4

Key information

Recent management updates

President & CFO recently sold US$1.6m worth of stock

Salesforce Names Brad Arkin as Chief Trust Officer

Co-Founder recently sold US$132m worth of stock

Co-Founder recently sold US$105m worth of stock

Independent Director recently sold US$1.1m worth of stock

Salesforce, Inc. Announces Board Appointments, Effective March 1, 2023

Recent updates

Salesforce Unveils Zero Copy Partner Network, an Ecosystem Committed to Secure, Bidirectional Zero Copy Integration with Salesforce Data Cloud

Informatica Says It Is Not in Any Acquisition Talks

Salesforce Reportedly Abandons Pursuit of Informatica

President & CFO recently sold US$1.6m worth of stock

Salesforce Reportedly in Advanced Talks to Buy Informatica

Full year 2024 earnings released: EPS: US$4.25 (vs US$0.21 in FY 2023)

Salesforce, Inc. Declares Cash Dividend, Payable on April 11, 2024

Salesforce Names Brad Arkin as Chief Trust Officer

Salesforce, Inc. to Report Q4, 2024 Results on Feb 28, 2024

Salesforce Announces New Data and AI-Powered Tools to Transform Every Shopping Experience

Co-Founder recently sold US$132m worth of stock

Now 27% undervalued

Salesforce, Inc. (NYSE:CRM) agreed to acquire Spiff, Inc.

Third quarter 2024 earnings released: EPS: US$1.26 (vs US$0.21 in 3Q 2023)

Salesforce, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2024

Salesforce, Inc. to Report Q3, 2024 Results on Nov 30, 2023

New major risk - Share price stability

Salesforce, Inc. (NYSE:CRM) agreed to acquire Airkit, Inc.

Salesforce Announces the New Einstein 1 Platform - Driving Productivity and Trusted Customer Experiences Powered by Data, AI, and CRM

Salesforce Provides Earnings Guidance for the Third Quarter of 2024

Second quarter 2024 earnings released: EPS: US$1.30 (vs US$0.068 in 2Q 2023)

Salesforce, Inc. to Report Q2, 2024 Results on Aug 30, 2023

Salesforce's New Sales GPT and Service GPT Drive Productivity and Personalize Customer Interactions with Generative AI

Co-Founder recently sold US$105m worth of stock

Salesforce Announces AI Cloud - Bringing Trusted Generative AI to the Enterprise

Salesforce Provides Earnings Guidance for the Second Quarter and Full Year 2024

First quarter 2024 earnings released: EPS: US$0.20 (vs US$0.028 in 1Q 2023)

Salesforce, Inc. to Report Q1, 2024 Results on May 31, 2023

Independent Director recently sold US$1.1m worth of stock

Full year 2023 earnings released: EPS: US$0.21 (vs US$1.51 in FY 2022)

Salesforce, Inc. to Report Q4, 2023 Results on Mar 01, 2023

Salesforce, Inc. Announces Board Appointments, Effective March 1, 2023

Salesforce, Inc. announced that it has received funding from Elliott Management Corporation

Elliott Management Takes Stake in Salesforce

New Salesforce for Retail Innovations Help Personalize Every Shopping Moment

Third quarter 2023 earnings released: EPS: US$0.21 (vs US$0.48 in 3Q 2022)

Salesforce, Inc. Announces Management Changes

Salesforce, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023

Gavin Patterson to Step Down as President and Chief Strategy Officer of Salesforce, Effective January 31, 2023

Salesforce Announces Board Changes

Salesforce Announces Carbon Credit Marketplace, Empowering Any Organization to Take Climate Action on Their Journey to Net Zero

Salesforce Introduces New Customer 360 Innovations

SirionLabs Announces SirionOne on Salesforce AppExchange

Second quarter 2023 earnings released: EPS: US$0.068 (vs US$0.57 in 2Q 2022)

Salesforce, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2023

Salesforce, Inc. Announces Management Changes

Salesforce, Inc. to Report Q2, 2023 Results on Aug 24, 2022

Co-Founder recently sold US$53m worth of stock

Salesforce Introduces Next Generation of MuleSoft

Salesforce Announces New Customer 360 Innovations Across Commerce and Marketing Clouds for Building Trusted Relationships at Scale

First quarter 2023 earnings released: EPS: US$0.028 (vs US$0.51 in 1Q 2022)

Salesforce, Inc. to Report Q1, 2023 Results on May 31, 2022

Co-Founder recently sold US$1.3m worth of stock

Co-Founder recently sold US$1.3m worth of stock

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Salesforce.Com, Inc. Raises Earnings Guidance for the First Quarter and Full Year 2023

salesforce.com, inc. (NYSE:CRM) agreed to acquire Atonit.

Salesforce Launches Safety Cloud to Help Businesses and Communities Get Together Safely

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age