The return of Stratton Sclavos…
When last we wrote of Stratton Sclavos, former CEO of VeriSign (ticker:VRSN) and international man of mystery, he was leaving his former company under less than ideal circumstances (options backdating probe, blah, blah, blah). No charges or accusations of wrongdoing, but still…
Then in July, we learned he got a $25 million severance package. And since then, it’s been all quiet on the Sclavos front.
Today, we got a little reminder that he’s still alive and kicking and serving on the board of Salesforce.com (ticker:CRM). In a series of Form 4s filed on Wednesday, Stratton reported that he sold 90,780 shares of his Salesforce.com stock on Nov. 20 to collect about $5.1 million.
Stratton picked a good day to sell. Salesforce’s stock jumped from $54.51 to $57.40 as he sold his stock through out the day. We’re not sure what gave the stock its boost.
Say this for Stratton: For a guy who doesn’t have a full-time, he’s still managing to make a heck of a lot more money than most of us.
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That’s so funny! This is the kind of people who are setting on the board of Salesforce.com!
Maybe Salesforce.com is the largest player, but not the only one! Customers can choose from Salesforce.com, RightNow, Netsuite, Salesboom.com or Entellium