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Activist investor Elliott nominates slate of directors to Salesforce board, sources say - CtrlF.XYZ

Activist investor Elliott nominates slate of directors to Salesforce board, sources say

2 years ago 88

The Salesforce West bureau gathering successful San Francisco, California, connected Wednesday, Jan. 25, 2023.

Marlena Sloss | Bloomberg | Getty Images

Activist capitalist Elliott Management has nominated a slate of directors for Salesforce's board, sources told CNBC's David Faber Wednesday.

The nominating model closes March 14, and it is unclear if it is 2 oregon 3 nominees, Faber said connected "Squawk connected the Street." The slate volition apt see Jesse Cohn who runs the activistic signifier astatine Elliott, according to radical acquainted with the situation, but Faber said his presumption hasn't been confirmed.

Salesforce did not instantly respond to requests for comment.

Elliott Management made a multi-billion dollar concern successful the cloud-based bundle institution successful January.

Salesforce volition study its 4th fourth net aft marketplace adjacent Wednesday.

This communicative is developing, delight cheque backmost for updates.

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