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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

December 3, 2014 at 8:32 AM

Board elected, executive pay approved by ‘majority’ at Microsoft meeting

Microsoft general counsel Brad Smith conducted the brief business end of the company’s annual meeting in Bellevue. No surprises, but a lingering question about how much support the executive pay package received:

  • The slate of board nominees was approved by more than 90% of votes.
  • The symbolic vote on executive pay — which Institutional Shareholder Services recommended investors vote down — was approved by “a majority” of votes, Smith said. These votes in tech recently have been approved by 88% of shareholders, and Microsoft’s last year garnered 95% approval (including abstentions).
  • The only shareholder proposal, which would have widened the scope of investor board nominations, was voted down.

Microsoft CEO Satya Nadella addresses shareholders at Microsoft's annual meeting in Bellevue on Wednesday morning. (Photo by Mike Siegel / The Seattle Times)

Microsoft CEO Satya Nadella addresses shareholders at Microsoft’s annual meeting in Bellevue on Wednesday morning. (Photo by Mike Siegel / The Seattle Times)

Here’s a feed of my Tweets from the event (it may take a minute to load):

Comments | More in Microsoft | Topics: microsoft, shareholders meeting

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