CEO: Marc Benioff
Dec. 31, 2012: $168.10
June 28, 2013: $38.18
Salesforce.com completed a 4-for-1 stock split in April, boosting the total number of outstanding shares from 400 million to 1.6 billion. The 9.2 percent decline was calculated by dividing the Dec. 31, 2012, closing price by four and comparing the $42.03 result to the June 28, 2013, close price.
Salesforce.com made some strategic moves in the first half of 2013, including hiring former Oracle sales executive Keith Block as president, acquiring digital marketing application company ExactTarget for $2.5 billion, and striking a pact with Oracle to standardize on Oracle's database software and other technologies.