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Salesforce: Salesforce CEO rejigs top management: Meet newly promoted officials – Times of India

After reporting its slowest quarterly revenue growth since 2010, software major Salesforce has decided to make some changes to its top management. The company’s CEO Marc Benioff has reportedly shuffled the roles among the top management. According to a report by news agency Reuters, Miguel Milano has been appointed as Salesforce’s chief revenue officer while Ariel Kelman will take over as the company’s chief marketing officer.
For the uninitiated, Milano worked with Salesforce for nearly a decade and is now coming back to the company from his recent position at software firm Celonis. Meanwhile, Kelman has previously worked as CMO at Amazon Web Services and Oracle.
Kendall Collins is set to step into the role of chief of staff for Salesforce. Collins has earlier served as CMO at Okta and Cisco’s AppDynamics. Salesforce President and Chief Operating Officer Brian Millham will also be taking up new duties in marketing, employee success and business technology, the report added. The company is yet to share an official comment about the role changes in the upper management.
The report also cited a memo to suggest that Millham’s new role puts him as a top contender to succeed Benioff as the company’s next CEO.
Why Salesforce is shuffling its top management
The latest role changes in Salesforce come amid mounting pressure from activist investors. This includes investors like ValueAct, Inclusive Capital and Starboard Value. Over the past several months, the investors have been pushing for operational improvements, cost-control initiatives and enhanced efficiencies. The company has also reportedly said that it will donate $10 to charity each day if its employees come back to the office.

After the pandemic-induced hiring left Salesforce with a bloated workforce, the company announced plans to close some offices and cut 10% jobs earlier this year. The growth at other major cloud companies like Amazon and Microsoft has also come under pressure. These businesses have undertaken multiple cost-cutting measures to weather the impact of rising interest rates and a potential economic slowdown.

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