Salesforce appointed
Wachtell, Lipton s Sabastian Niles as its chief legal officer on
Monday, months after the leading activist lawyer helped defend
the business software provider against several.
"I'm thrilled to welcome Sabastian to Salesforce as part of our world-class management team," CEO Marc Benioff said. Wachtell, Lipton, Rosen & Katz is a major law firm sought out by corporate America to handle merger deals as well as activist investment firms' push for changes.
The world’s largest producer of biomass for energy, Enviva, has seen its stock price tumble, as operational, financial and legal problems pile up, with investors possibly also concerned about the company’s tarnished green image.