other material
confidence high
sentiment negative
materiality 0.70
Salesforce shareholders reject say-on-pay; approve equity plan share increase and officer exculpation
Salesforce, Inc.
- Advisory vote on executive compensation failed: 404.8M against vs 339.3M for (52.7% against).
- All 13 director nominees elected; John V. Roos received highest against votes at 47.3M.
- Equity incentive plan amended: share reserve increased by 36M shares, plan extended to 2034.
- Certificate of incorporation amended to provide for officer exculpation from liability under Delaware law.