Proof Mark raises concerns related to fiduciary regarding Salesforce governance as it calls for disclosure of information via a new Substack site available for investors and stakeholder.

Proof Mark, Inc., a Salesforce partner and shareholder, which has been a long-standing partner and shareholder, has published an important open letter to Salesforce chairman and CEO Marc Benioff, outlining severe operational and custodian problems. These issues were first brought by using the four sequential Red Flag Notices based on the ruling of Delaware Chancery Court in the re McDonald’s Corp. Stockholder Derivative Litigation.

Being a Salesforce shareholder and partner to an Independent Software Vendor (ISV), Proof Mark adds a unique dual perspective to the table. However, the board of Salesforce has failed to respond to any one of these notices, keeping silence for more than 30 days. The failure to respond to all these questions have critical custodian implications for the shareholders, regulators, and other ecosystem stakeholders interested in the governance and output of Salesforce.

In response, Proof Mark has established a specific Substack microsite to keep updates — commentary, important documentation for investors, partners, analysts, regulators, and the leaders of the platform. The firm commits to posting disclosure and governance data until Salesforce ecosystem garners true awareness and change.

Proof Mark encourages all shareholders, analysts, and the regulatory bodies to look keenly at these materials, reiterating the necessity of transparency and accountability in Salesforce’s corporate governance. The situation is a critical defining moment for Salesforce as more pressure mounts from its partners and shareholders on its operational and custodian duties.