Cloud software company Salesforce.com just announced quarterly earnings results that were slightly better than what analysts had estimated, and the company announced that CFO Graham Smith will retire next year. The company reported non-GAAP earnings of seven cents a share on sales of $1.15 billion, beating the consensus estimates of analysts, who had called for six cents on $1.13 billion.
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Salesforce.com CFO will be retiring around this time next year
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Published February 28, 2014
TECHi's Take
This time next year, expect to see an executive shuffle at Salesforce.com. The CRM giant announced amid fourth quarter earnings results published on Thursday that chief financial officerGraham Smith will be retiring in March 2015. Smith will be helping the San Francisco-headquartered company search for a new CFO as well as through the transition period when the new hire has been appointed. After joining Salesforce in 2007, Smith has been CFO since March 2008. CEO Marc Benioff concluded his opening remarks during the shareholders conference call by thanking Smith for his contribution to the company over the last six years, describing him as a “phenomenal CFO.”
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