Last August, Microsoft announced that it has signed a cooperation agreement with ValueAct Capital which owns approximately 0.8 percent of the outstanding shares of Microsoft common stock and is one of the company’s largest shareholders. The cooperation agreement provided for regular meetings between Mason Morfit, president of ValueAct Capital, and selected Microsoft directors and management to discuss a range of significant business issues. The agreement also gave ValueAct Capital the option of having Morfit join the Microsoft board of directors beginning at the first quarterly board meeting after the 2013 annual shareholders meeting. As a result, Microsoft yesterday announced that Mason Morfit has joined Microsoft’s board of directors and its audit committee. Read the full press release below. REDMOND, Wash. — March 11, 2014 — Microsoft Corp. announced Tuesday that Mason Morfit, president of ValueAct Capital, has been appointed to the company’s board of directors and its audit committee. ...

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As Microsoft board is nearing the announcement about its next CEO, there were multiple reports on the discussions going on between board and the likely CEO Satya Nadella. Recode and WSJ both reported that Satya Nadella has requested Microsoft’s board to ask Bill Gates to spend more time on technology and strategy by assisting him as CEO. After the board’s search committee recommended Mr. Nadella, he told the board that a bigger role for Mr. Gates as a close adviser is “what I need to be successful,” the person familiar with the matter said. Since Bill Gates is already focused on his Gates foundation work in addition to being Microsoft’s chairman, it is unlikely that he will accept this new role which Satya demands to board. Recode reports that Bill Gates would step down as chairman in favor of the director John Thompson, as part of the changes. Sources said that ...

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Microsoft Board of Directors launched a search for a replacement for Steve Ballmer, looking both externally and internally from August 23rd last year. Since they’ve been focused on finding the best possible person to lead the company and in December revealed that the process is still going on. They identified over 100 possible candidates, talked with several dozen, and then focused their energy intensely on a group of about 20 individuals. According to various reports, the 20 individuals included Satya Nadella, Tony Bates, Kevin Turner, Stephen Elop, Alan Mullaly, Steve Mollenkopf, Hans Vestberg and others. While the search process might end in the coming weeks/months, everyone believed that Bill Gates and Steve Ballmer who are the largest shareholders of Microsoft might stay in the Microsoft’s board for years to come. According to latest report from Recode, despite owning about four percent of the company, people familiar with the situation revealed ...

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    Late yesterday Suril posted: rumor: terry myerson has asked for the ceo announcement to be delayed until spring 2014 It look as if he was at least partially correct, John W. Thompson, a member of Microsoft’s board of directors today provided an update regarding Microsoft’s CEO search. He revealed that they are expected to announce the new CEO only in 2014. Here is the announcement, On Aug. 23, we announced that Steve Ballmer would be retiring from Microsoft within 12 months, and the Board of Directors was launching a search for a replacement, looking both externally and internally. Since then, we’ve been focused on finding the best possible person to lead the company. As we approach the end of the calendar year, there has been natural interest in getting an update on where we are in the process. I’m writing to share this with you here. As the chair ...

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Edit: Looks like my sources were correct: Microsoft Confirms: CEO Won’t Be Named Until Early 2014 I’ve been inspired by Dina Bass lately.  So take with post with a grain of salt, maybe mountains of salt.  Typically when original rumors are posted on msnews we like to have two other sources of independent confirmation.  The following information in this post is from multiple people, but only a “single source,” so no independent confirmation.  Individuals sending tips often have an agenda, so just keep that in mind. I received an anonymous tip early last week that Microsoft is considering making its CEO announcement late Q2 / early Q3: “[...] the board is now considering announcing the new CEO later than originally planned, most likely at the end of Q2 or maybe early Q3 [...]“ The information did not really make sense to me initially, Q3 would be way too late, giving Ballmer nearly ...

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Hal Berenson is a former distinguished engineer at Microsoft who runs a great blog titled Hal2020.  Hal often provides a unique perspective given his experience working at the Redmond software giant during the earlier days of the company from 1994 – 2002 and decades previously spend at the Digital Equipment Corporation.  Mr. Bersenson is predicting that Bill Gates will resign from Microsoft as chairman within the year, I find this difficult to believe, but some logical reasoning is provided.  He also predicts what I have heard from my sources, Alan Mulally will be brought to the board: If you want to know why Bill was so emotional at the recent shareholders meeting it was probably because this was likely his last as Microsoft Chairman, not just Steve Ballmer’s last as CEO. First, this is not about pressure from a couple of investors as was reported a while ago. I believe Bill ...

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Reuters today reported that Microsoft Chairman Bill Gates and retiring Chief Executive Steve Ballmer are standing for re-election to Microsoft board of directors. Even though this is not a surprise news for lot of us, the investors who are trying to reduce the influence of Gates and Ballmer in the company won’t be happy to hear this news. Ballmer announced last August about his plan to retire within 12 months in August and Microsoft’s board is searching for a new CEO from both inside and external candidates. Reuters also reported that it is highly likely both Gates and Ballmer will be re-elected by shareholders at the annual meeting on November 19. Bill Gates and Steve Ballmer still own a significant share of Microsoft. While Bill Gates remains the company’s largest individual shareholder, with a 4.5 percent stake, Steve Ballmer is not far behind with 4 percent. If Bill Gates continues to sell shares of ...

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