Salesforce cuts CEO pay by 60% after shareholder criticism

Cloud software company Salesforce CEO Marc Benioff's compensation has been reduced by 60% for FY17 after facing criticism from shareholders. Benioff's pay package was cut from ₹214 crore a year earlier to ₹84.6 crore and the company will also not pay for his personal security. In the fiscal year ended January 2016, Benioff received a pay cut of 16%.