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Elliott nominates slate of directors to Salesforce board, sources say

The Salesforce West office building in San Francisco, California, on Wednesday, Jan. 25, 2023.

Marlena Sloss | Bloomberg | Getty Images

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

The nominating window closes March 14, and it is unclear if it is two or three nominees, Faber said on “Squawk on the Street.” The slate will likely include Jesse Cohn who runs the activist practice at Elliott, according to people familiar with the situation, but Faber said his position hasn’t been confirmed.

Salesforce did not immediately respond to requests for comment.

Elliott Management made a multi-billion dollar investment in the cloud-based software company in January.

Salesforce will report its fourth quarter earnings after market close Wednesday.

This story is developing, please check back for updates.



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