Why Matthew McConaughey and Will.i.am "frequently" attending Salesforce meetings matters
We’re living through another era of vicious battles between corporate management of publicly traded firms and activist investors with strong opinions about how those companies should be run differently.
A recent account of the situation at cloud software company Salesforce, where a combination of meteoric growth and lackluster profit has tempted activist investors to pounce, included the detail that celebrities are “frequently” invited to be part of high level company meetings—a practice that might be taken to suggest a certain kind of frivolousness. As such, it seems to back up the accusation, which has often been leveled at Salesforce CEO Marc Benioff, that he has become “distracted” by celebrity friendships, philanthropy, and other pursuits aside from increasing Salesforce’s stock price.
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