After the company that makes business software released strong fiscal second-quarter results that exceeded forecasts and increased its outlook for full-year profit, Salesforce shares increased 4% during extended trading on Wednesday.
The business announced that Amy Weaver, its CFO, will retire. She will continue to serve as the company’s CFO until a replacement is named, at which point she will continue in that role as an advisor.
On a conference call with analysts, Salesforce’s co-founder, chair, and CEO, Marc Benioff, stated that the company will evaluate both internal and external candidates.
When Weaver joined as general counsel in 2013, he said it was his idea for her to assume the major finance responsibility.
Source (CNBC)
