Salesforce: Appoints New President, COO, and CFO

On Feb. 5, Salesforce announced it appointed Robin Washington as president, chief operating officer, and chief financial officer effective March 21, 2025. Washington has been on Salesforce’s board of directors since 2013. She is a well-seasoned leader with approximately 13 years as CFO at Gilead and Hyperion. The company had previously announced that Amy Weaver, current CFO, and Brian Millham, current COO, were stepping down and that a search was underway for their successors. While we have no prior experience with Washington, we expect Salesforce to continue on a path of profitable growth and investor-friendly capital allocation established by her predecessor. The company will report fiscal fourth-quarter earnings on Feb. 26 after the market close. Our fair value estimate remains $315.