:

SALESFORCE PROMOTES CRO MILANO TO COO

INDUSTRY DESK1 MIN READ
THU, AUG 6, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Salesforce has appointed Miguel Milano, its chief revenue officer, to the newly created role of chief operating officer under CEO Marc Benioff. Robin Washington retains her position as chief operating and financial officer.

Milano, a former Oracle executive, moves into the COO position as Salesforce restructures its leadership team. The appointment creates a dual operating structure, with Milano handling operational responsibilities while Washington maintains oversight of financial matters alongside her COO duties. The move reflects Salesforce's efforts to strengthen its organizational hierarchy following years of aggressive expansion through acquisitions. Milano's background in revenue generation and his tenure at Oracle position him to drive operational efficiency across the cloud software company's business units. Washington's expanded title underscores her continued importance in managing Salesforce's financial strategy. The dual-COO structure allows the company to separate revenue and operational concerns from financial management, a common approach among large enterprise software firms navigating complex growth trajectories.

■ SOURCES

Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE BUSINESS DESK

Rep. Ro Khanna is calling for legislation to protect communities' right to oppose data center construction. The California congressman proposes a "Data Center Bill of Rights" to address growing concerns about these facilities.

1H AGOIndustry Desk

Lyft reported second-quarter revenue of $1.84 billion, exceeding analyst expectations of $1.81 billion, with rides climbing 12% to 262.4 million. However, the rideshare company projects Q3 gross bookings growth will decelerate to 15%-19%.

1H AGOIndustry Desk

Instacart reported Q2 revenue of $1.04B, up 14% year-over-year, with gross transaction value reaching $10.35B, both exceeding analyst expectations. The company also guided Q3 metrics above consensus forecasts.

3H AGOIndustry Desk

Tencent Holdings faces heightened scrutiny over its artificial intelligence investment plans as major tech stocks retreat and investor appetite for AI spending cools.

3H AGOAI Desk

■ SUBSCRIBE TO THE DAILY BRIEF

ONE EMAIL, 5 STORIES, 06:00 UTC. UNSUBSCRIBE ANYTIME.