The appointments follow activist investor Elliott Management’s investment in the business-software provider. Read More...
Reuters
Activist Elliott to nominate directors at Salesforce -sources
Elliott Management Corp, the activist investment firm that recently made a multimillion-dollar investment in Salesforce, plans to nominate several director candidates at the cloud-based software company, people familiar with the matter said on Thursday. Elliott, which invests more than $55 billion, is currently interviewing a number of people including technology industry executives and executives in other industries, the people said. The decision to prepare a slate of candidates who can be nominated between February 12 and March 14, could signal a change of direction at Elliott.
