1. Marc Benioff Took a 60% Cut to his $33 Million Pay Package to Appease Salesforce Investors (CRM)

    Marc Benioff Took a 60% Cut to his $33 Million Pay Package to Appease Salesforce Investors (CRM)

    Marc Benioff's stature in San Francisco is on the rise, as Salesforce Tower, the city's tallest building, nears completion.

    But Benioff's paycheck is getting smaller.

    The CEO of Salesforce took a 60% paycut in the recently ended 2017 fiscal year, according to the company's annual proxy report, filed on Wednesday.

    Of course, Benioff still took hom $13 million in total compensation for the year...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. We listened to our stockholders, and taking their input into account, we reduced overall CEO pay in fiscal 2017 by 60%  while expanding the use of PRSUs to our other senior executives.
  3. Topics Mentioned

  4. Authors