Salesforce Names Three Directors, Braces for Proxy Fight

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Salesforce Names Three Directors, Braces for Proxy Fight
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Salesforce names three directors following activist investor Elliott Management’s investment in the business-software provider

Salesforce Inc. has appointed three new directors, including the finance chief of Mastercard Inc., to its board as a potential proxy fight with activist investor Elliott Management Corp. looms.

The business-software maker said Friday morning that Mastercard CFO Sachin Mehra, ValueAct Capital Chief Executive Mason Morfit and Arnold Donald, the former president and chief executive of Carnival Corp. , have been named independent directors, effective March 1.

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