UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Securities registered pursuant to Section 12(b) of the Exchange Act:
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Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 12, 2019, salesforce.com, inc. (the “Company”) announced the appointment of Bret Taylor as the Company’s President and Chief Operating Officer, effective immediately. Mr. Taylor, age 39, has served as the Company’s President and Chief Product Officer since November 2017. Prior to that, Mr. Taylor served as President, Quip, since the August 2016 acquisition of Quip, Inc. (“Quip”) by the Company. Mr. Taylor was a co-founder of Quip and served as its CEO since September 2012. Prior to co-founding Quip, Mr. Taylor served as Chief Technology Officer of Facebook, Inc., Chief Executive Officer of FriendFeed, Inc., a social network, and as Group Product Manager at Google Inc., among other positions. Mr. Taylor holds a B.S. and an M.S. in Computer Science from Stanford University.
There are no arrangements or understandings between Mr. Taylor and any other persons pursuant to which he was selected as an officer or director, he has no family relationships with any of the Company’s directors or executive officers, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
| Item 7.01. | Regulation FD Disclosure. |
On December 12, 2019, the Company issued a press release regarding Mr. Taylor’s appointment as President and Chief Operating Officer.
The information contained in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit Number |
Description | |||
| 99.1 |
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| 104 |
Cover Page Interactive Data File—the cover page XBRL tags are embedded within the Inline XBRL document | |||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: December 12, 2019 |
SALESFORCE.COM, INC. | |||||
| By: |
/s/ Amy Weaver | |||||
| Name: |
Amy Weaver | |||||
| Title: |
President, Legal and Corporate Affairs | |||||
Exhibit 99.1
Press Contact:
Gina Sheibley
gsheibley@salesforce.com
917-297-8988
Salesforce names Bret Taylor President & Chief Operating Officer
Taylor to oversee product, engineering, security, marketing and communications
SAN FRANCISCO—December 12, 2019—Salesforce (NYSE: CRM), the global leader in CRM, today announced that Salesforce President and Chief Product Officer Bret Taylor has been appointed President and Chief Operating Officer. In this role, Taylor will lead Salesforce’s global product vision, engineering, security, marketing and communications. Taylor will continue to report to Chairman and co-CEO Marc Benioff.
“Bret has been the chief architect of our product vision, development and go-to-market strategy, driving success for our customers with our industry-leading Customer 360 platform,” said Salesforce Chairman and co-CEO Marc Benioff. “His expanded portfolio of responsibilities will enable us to drive even greater customer success and innovation as we experience rapid growth at scale.”
“Bret has been an amazing leader and partner throughout his time at Salesforce,” said Salesforce co-CEO Keith Block. “This is the natural next step for our company as we continue to drive innovation and deliver the incredible experiences our customers expect from Salesforce.”
Taylor is the co-founder and former CEO of Quip, which was acquired by Salesforce in 2016. He has spent his career building widely used products for businesses and consumers. Prior to founding Quip, Taylor served as the Chief Technology Officer of Facebook, which he joined in 2009 after it acquired his social networking company, FriendFeed. Bret also spent several years at Google, where he co-created Google Maps. Taylor is a member of Twitter’s board of directors. He graduated from Stanford University with a B.S. and M.S. in Computer Science.
About Salesforce
Salesforce is the global leader in Customer Relationship Management (CRM), bringing companies closer to their customers in the digital age. Founded in 1999, Salesforce enables companies of every size and industry to take advantage of powerful technologies—cloud, mobile, social, internet of things, artificial intelligence, voice and blockchain—to create a 360-degree view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.
Document and Entity Information |
Dec. 12, 2019 |
|---|---|
| Cover [Abstract] | |
| Security Exchange Name | NYSE |
| Amendment Flag | false |
| Entity Central Index Key | 0001108524 |
| Document Type | 8-K |
| Document Period End Date | Dec. 12, 2019 |
| Entity Registrant Name | salesforce.com, inc. |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-32224 |
| Entity Tax Identification Number | 94-3320693 |
| Entity Address, Address Line One | Salesforce Tower |
| Entity Address, Address Line Two | 415 Mission Street |
| Entity Address, Address Line Three | 3rd Fl |
| Entity Address, City or Town | San Francisco |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 94105 |
| City Area Code | (415) |
| Local Phone Number | 901-7000 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock, par value $0.001 per share |
| Trading Symbol | CRM |
| Entity Emerging Growth Company | false |