secwatch.observer — SEC 8-K summary
======================================

Issuer:     Salesforce, Inc. (CRM)
CIK:        0001108524
Form:       8-K
Filed at:   2021-08-18T23:59:59+00:00
Accession:  0001108524-21-000042
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Salesforce appoints Sundeep Reddy as new CAO; Joe Allanson transitions to ESG role
--------------------------------------------------------------------------------

- Joe Allanson to retire as EVP, CAO and Corporate Controller, becomes EVP, Finance ESG effective Sept 15, 2021.
- Sundeep Reddy appointed EVP & Chief Accounting Officer effective Sept 15; previously SVP, Controller & CAO at McKesson.
- Base salary $528,572, target bonus 75% of salary, sign-on bonus $100k; equity grants of $1.75M RSUs and $1.75M options.
- Reddy is a CPA in Georgia with a BBA from Georgia State and an MBA from Emory University.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108524/000110852421000042/0001108524-21-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108524/000110852421000042/crm-20210813.htm
  HTML page:      https://secwatch.observer/filing/0001108524-21-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer