Salesforce Names Cakebread President, Hires CFO
Salesforce.com's former CFO Steve Cakebread puts his retirement plans on hold to become the new president.Steve Cakebread, Salesforce.coms CFO, has been promoted to the position of president and chief strategy officera reversal from previously announced plans. Salesforce.com announced in June 2006 that Cakebread would retire at the end of last year. At some point Cakebread quietly changed his mind, and will now lead the companys charge into international markets, officials said in an Aug. 20 press release. Salesforce.com also announced that it has hired Cakebreads re-placement. Graham Smith, who has a 20-year background in finance, has been named as the CFO designate.
He will take on the CFO role in the companys first quarter of fiscal 2008 (February through April 2008).