Salesforce amends bylaws to adopt universal proxy rules and update stockholder nomination procedures

Salesforce, Inc.

Board amended and restated bylaws effective Dec 15, 2022, making limited updates to procedures for director nominations and business proposals by stockholders.
Amendments adopt SEC universal proxy rules, including certification requirements; non-compliant nominations deemed null and void.
Other conforming, technical, and non-substantive changes were also made.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Salesforce, Inc.: The Company amended and restated its Bylaws to update procedures and disclosure requirements for director nominations and business proposals by stockholders, including compliance with the SEC's universal proxy rules (effective 2022-12-15).

Change: bylaw amendment
Effective: 2022-12-15

Exact text from the filing

On December 15, 2022, as part of its periodic review of corporate governance matters, the Board of Directors of Salesforce, Inc. (the “Company”) amended and restated the Company’s Amended and Restated Bylaws (as so amended and restated, the “Amended and Restated Bylaws” and such amendments, the “Bylaw Amendments”).

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Salesforce, Inc. filing history →

Source: SEC EDGAR

accession 0001108524-22-000063

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