---
schema_version: "secwatch.filing_event.v1"
accession: "0001108524-22-000054"
form_type: "8-K"
ticker: "CRM"
cik: "0001108524"
company_name: "Salesforce, Inc."
filed_at: "2022-11-23T23:59:59+00:00"
generated_at: "2026-06-21T13:17:49.879897+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Salesforce enters settlement agreement with departing President Patterson; payment ~£1.6M

## Summary
- Gavin Patterson will step down as President and Chief Strategy Officer effective Jan 31, 2023.
- Settlement agreement signed Nov 21, 2022 includes general release and post-termination competitive restrictions.
- Company will pay Patterson approx. £1.6M (~$1.9M) including salary, bonus, termination payment, and insurance.

## SEC filing metadata
- accession: 0001108524-22-000054
- form_type: 8-K
- ticker: CRM
- cik: 0001108524
- company_name: Salesforce, Inc.
- filed_at: 2022-11-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108524/000110852422000054/0001108524-22-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108524/000110852422000054/crm-20221121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108524-22-000054
- JSON: https://secwatch.observer/filing/0001108524-22-000054.json
- Plain text: https://secwatch.observer/filing/0001108524-22-000054.txt

## Key facts
- Executive change
  Gavin Patterson departed as President and Chief Strategy Officer at Salesforce, Inc..
  - Action: step down
  - Role: President and Chief Strategy Officer
  source text: As previously announced, Gavin Patterson will step down from his position as President and Chief Strategy Officer of Salesforce, Inc. (the “Company”) and will depart the Company, effective January 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108524/000110852422000054/0001108524-22-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.