Oppenheimer: Salesforce.com Has New COO

Oppenheimer reports that Salesforce.com CRM has a new COO as of yesterday before the bell. According to Oppenheimer, “CRM announced it had appointed George Hu as its new chief operating officer (COO). Prior to being promoted to his current role of COO, Mr. Hu was EVP of CRM's Platform, Marketing and Operations.” CRM climbed $2.01 to close at $133.34 per share on Monday, up 1.53 percent.