Marc Benioff works to reassure investors amid executive shuffle at Salesforce - Silicon Valley Business Journal

  • 📰 svbizjournal
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

Salesforce co-CEO Marc Benioff was put on the spot during the company's earnings call on Wednesday having to field a question regarding the company's new COO.

Salesforce co-CEO Marc Benioff tried to assuage investor doubts at an earnings call this week regarding recent changes to the company's C-suite, and most notably, its global sales.stating it had appointed Brian Millham as its new president and chief operating officer replacing Gavin Patterson, who transitioned from his role as president and chief revenue officer to chief strategy officer, the company said.

Meanwhile during the investor question period, Brent Thill, who leads global investor Jefferies' San Francisco-based internet research team, questioned Benioff about Millham's move to president and COO, mentioning that there is"a lot of concern" that there's going to be"some transition period." "He's already been a key part of our sales program," Benioff said."I don't expect any transition period at all, and I'm holding him to that, actually."

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 334. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Interim CEO at San Antonio's CPS Energy enters negotiations to permanently take roleFormer CEO Paula Gold-Williams resigned amid criticism of her spending habits and her handling of outages during Winter Storm Uri. SanAntonio SATX SanAntonioTX CPSEnergy Utilities Y'all are the criminals who refer to human beings as 'public utilities'.
Source: SAcurrent - 🏆 607. / 51 Read more »

Musk floats possibility of hyperloop tunnel between Austin, San AntonioTesla CEO Elon Musk posted a Twitter thread on Monday that floated the possibility of a hyperloop tunnel connecting the Texas cities of Austin and San Antonio. somebody give this guy turkey club and a sedative Musk dreams big!!! DC to Philly, NYC, and Boston would be much better.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Crowdfunded hot springs spa offers pop-up preview Alchemy Garden - San Francisco Business TimesFunding remains a big question mark, but the project has support from San Francisco's Chamber of Commerce CEO.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Maui Brewing creates new corporate entity, retains executives ahead of Modern Times takeoverModern Times CEO Jennifer Briggs will remain as Chief Experience Officer of the combined craft breweries.
Source: sdut - 🏆 5. / 95 Read more »

F1 CEO Domenicali: 'There Will Be No More Racing in Russia'Falling out between Formula 1 and Russian Grand Prix looks to be permanent. Is China next for supporting Russia? Good…… It’s a boring track anyways. Maybe Russia will start LIV F-1
Source: AutoweekUSA - 🏆 229. / 63 Read more »

Federal Trade Commission Drops Mark Zuckerberg From Antitrust LawsuitThe FTC said it would drop Mark Zuckerberg from a lawsuit filed last month seeking to block Meta from buying a small virtual-reality company But of course, since midterm elections are approaching and Dems need Zuckerberg to manipulate Facebook.
Source: WSJ - 🏆 98. / 63 Read more »