Salesforce, Inc. (CRM) Form 8-K — Aug 5, 2026
Salesforce announced on August 5, 2026 that Srini Tallapragada is stepping down as President and Chief Engineering and Customer Success Officer, effective August 6, 2026. Tallapragada will remain with the company as Special Advisor to the Chief Executive Officer through August 6, 2027, assisting with the transition of his duties and advising on product, technology and innovation, business development, and customer-related matters. Under the transition agreement, his cash compensation remains at his current salary rate plus annual bonus through January 31, 2027, then drops to $75,000 per year for the rest of the transition period, while previously granted equity awards continue vesting.
Key figures
- Advisor Role End Date
- 2027-08-07
- Step Down Effective Date
- 2026-08-06
- Full Salary And Bonus Through
- 2027-01-31
- Reduced Cash Compensation Rate
- $75,000 per year
- Transition Period Termination Notice
- 10 days written notice by executive; earlier termination by company for cause
Price after filing
Close on the filing date to close N calendar days later (from $192.98). Historical, not a forecast.
AI analysis
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