Salesforce Investors Reject Benioff’s Bid for $20 Million Equity Package

In a notable show of shareholder dissent, investors at Salesforce have declined billionaire Marc Benioff’s proposal for additional compensation, as detailed in a recent proxy statement. Benioff, co-founder of the software giant 25 years ago, sought to augment his fiscal 2024 compensation with a $20 million long-term equity package. The proposal received 339.3 million votes in favor but was ultimately countered by 404.8 million votes against, resulting in its rejection.

https://techstory.in/salesforce-investors-reject-benioffs-bid-for-20-million-equity-package/