![]() ![]() ![]() Some want Salesforce to sell Slack and Tableau "I think there's pretty broad agreement that the board of directors needs to be refreshed," Walravens said. That's not necessarily a bad thing, he said: Five members of Salesforce's board members, including Benioff himself, have held their seats for fifteen years Walravens believes that they could target those old hands and try to bring in some fresh blood with new ideas for the company. JMP Securities analyst Pat Walravens tells Insider that Elliott and Starboard could take advantage of the situation by mustering the support to replace many or most of those board seats with their own candidates at this year's upcoming meeting. Salesforce, unlike many other tech companies, only appoints its board members to serve for one-year terms, meaning they have to be reelected by shareholders every single year. It could even result in Salesforce ending its remote-work policies and mandating at least some employees to come back into the office, analysts speculate. And if that wasn't enough, some analysts believe that these activist firms could push Benioff to at least explore the possibility of divesting mega-acquisitions like Slack, MuleSoft, and Tableau. It's a very real possibility that these investors could oust most, if not all, of Salesforce's board of directors in one go.
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