Redmond continues to ship its dimes and pennies to the investing public. Microsoft’s board on Wednesday declared a cash dividend of 31 cents, the second straight quarterly dividend at that figure. The dividend will be paid on March 12, to shareholders as of Feb. 19. Microsoft executives at the company’s annual meeting on Wednesday were asked why they, in September,…More
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Microsoft says a proposal to give shareholders a greater say in candidates for the company’s board of directors could disrupt the company’s operations.
In a filing released just shy of two weeks before the company’s Dec. 3 shareholders meeting, Microsoft provided a slate of data packaged to show the company is under good stewardship and bringing in new blood to the board of directors.
An proposal up for vote at the meeting would give shareholders a greater say in board nominees. Provisions include allowing a single shareholder or a group of shareholders who’ve held a combined 3% of Microsoft stock for 3 years to nominate candidates numbering up to 40% of the board of directors.More
Longtime Microsoft board members Dave Marquardt and Dina Dublon are stepping down from the board, while Kraft Foods executive Teri List-Stoll and Visa executive Charles Scharf will be joining it.More
Former Microsoft CEO Steve Ballmer is stepping down from Microsoft’s board.More
John Stanton, a wireless industry pioneer and former top executive at companies including McCaw Cellular and Clearwire, has been appointed to Microsoft’s board of directors.More
Just this year, longtime Microsoft CEO Steve Ballmer stepped down from that position; might he relinquish his board seat as well sometime soon?More
Seagate Technology Chairman and CEO Stephen Luczo is stepping down from Microsoft’s board.More
Microsoft expanded its board to 11 members Tuesday with the addition of G. Mason Morfit, 38, president of ValueAct Capital. The move was expected — the result of an agreement announced last August in which Microsoft’s board averted a proxy battle. Under the agreement, ValueAct Capital won the option of a board seat and regular meetings…More
Newly appointed Microsoft CEO Satya Nadella, along with Bill Gates, were among those initially opposed to former CEO Steve Ballmer’s proposal to acquire Nokia’s handset business, according to a Bloomberg Businessweek report today looking behind the scenes at what led to the eventual $7.2 billion acquisition.More
Microsoft CEO Steve Ballmer, who said he would be retiring within 12 months, is one the company’s nine board members who were reelected to those positions at the annual shareholders’ meeting yesterday.
He was, however, reelected with the lowest percentage of “yes” votes: 90.66 percent, according to a company filing with the U.S. Securities and Exchange Commission.More