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Salesforce bought new co-CEO Keith Block a $211,703 car and an $86,423 watch in recognition of his 'leadership achievements' (CRM)

Keith Block

  • According to Salesforce's new proxy statement, the company awarded co-CEO Keith Block a $211,703 car and an $86,423 watch "in recognition of Mr. Block’s leadership achievements."
  • Block, who joined Salesforce in 2013, oversaw a rapid period of growth for the company as COO. He was promoted to co-CEO last summer.
  • The filing did not specify what kind of watch and car Block received.
  • Salesforce also spent $1,230,424 on security arrangements for Salesforce co-founder and co-CEO Marc Benioff — notable, because last year, the company didn't pay for his personal security. 
  • Visit BusinessInsider.com for more stories.

Salesforce co-CEO Keith Block was awarded a $211,703 car and an $86,423 watch, the company said in a proxy statement released on Thursday

According to the filing, these were awarded to Block at some point in its 2019 fiscal year, "in recognition of Mr. Block’s leadership achievements." Salesforce also spent $179,977 on taxes related to the car and $38,005 on taxes related to the watch, in what it says is a one-time bonus. 

See the rest of the story at Business Insider

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