Salesforce’s first quarter earnings report on Wednesday Beet estimateUp to $ 9.83 billion from year to year with revenue. Earlier this week, the company also announced a deal to buy data management company Informatica For $ 8 billionSince purchasing its biggest acquisition Loose For $ 27.1 billion in 2021.
“Sometimes you have a quarter when everything is going right for you,” CEO of Salesforce and Board Chairman Mark Beneoff, 60, in an earning call on Wednesday, per, copy, copy The Wall Street Journal,
In line with salesforce 2025 proxy statementReleased in April, Benioff earned more than $ 55 million in the financial year of 2025, which went away from February 1, 2024. January 31, 2025Their base salary was $ 1.55 million, and their bonus was $ 2,500, both were unchanged since 2024. His stock awards increased by about $ 8 million, and their option award grew to more than $ 3 million to 2024. His 55 million dollars compensation included more than $ 4 million in individual security costs and more than half million dollars in the aircraft use.
Meanwhile, the middle -middle employee of the salesfors took a total compensation of $ 178,949 in FY 2025. Benooff made about 308 times more than the specific salesforce employee.
Connected: Salesforce has used AI to reduce the cost of personnel by $ 50 million this year. What roles are affected here.
In the financial year of 2024, the average employee of salesfors received a salary of $ 164,985. That year, Benioff created $ 39.6 million, or 240 times more.
CEO Mark Benioff of Salesforce. Photographer: Through Chris Ratcliffe/Bloomberg Getty Image
The average salary of the salesforce is lower than that of Google, where a middle-level employee made $ 331,894 in 2024, and Nvidia, where a specific employee made $ 301,233.
Meanwhile, salesforce may slow down to hiring in some departments and to speed up others as it tries to maximize its use of AI tools internally. The company’s Chief Financial and Operations Officer, Robin Washington, Said on a call with analysts On Wednesday that salesforce has reduced “something” of its recruitment needs for AI. It is also hiring low customer service representatives and software engineers as its current employees use AI for more productivity, but this year is increasing their sales team by 22%.
Connected: Here in 2024, 8 CEOs have made how much from Jamie Dimon of JP Morgan to Disney’s Bob Igar
CEO salary is increasing
A Study Was released by Thursday associated Press It was found that the CEO paid in 2024 increased by about 10% due to high profits and stock prices. The study, which was based on the proxy statement filed by the companies in S&P 500 with federal regulators, examined the salary of 344 officers. It was found that in 2024 the average salary package of CEO was $ 17.1 million, from above $ 16.3 million in 2023,
The highest -grossing CEO on the list was Patrick W Smith, the CEO of the Tzar manufacturer Axon, who took home of $ 164.5 million. Among other top-earning officers, General Electric H. Lawrence Quolp, Junior ($ 87.4 million), Apple’s Tim Cook ($ 74.6 million), and Theodore A of Netflix. Sarandos ($ 61.9 million) included. Most of those payment packages included stock or option awards.
The study also found that a specific employee in an S&P 500 company earned an increase of $ 85,419, 1.7% year-on-year in 2024.
Salesforce’s first quarter earnings report on Wednesday Beet estimateUp to $ 9.83 billion from year to year with revenue. Earlier this week, the company also announced a deal to buy data management company Informatica For $ 8 billionSince purchasing its biggest acquisition Loose For $ 27.1 billion in 2021.
“Sometimes you have a quarter when everything is going right for you,” CEO of Salesforce and Board Chairman Mark Beneoff, 60, in an earning call on Wednesday, per, copy, copy The Wall Street Journal,
In line with salesforce 2025 proxy statementReleased in April, Benioff earned more than $ 55 million in the financial year of 2025, which went away from February 1, 2024. January 31, 2025Their base salary was $ 1.55 million, and their bonus was $ 2,500, both were unchanged since 2024. His stock awards increased by about $ 8 million, and their option award grew to more than $ 3 million to 2024. His 55 million dollars compensation included more than $ 4 million in individual security costs and more than half million dollars in the aircraft use.
The rest of this article is closed.
Join the entrepreneur, To reach today.
