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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Bloomberg today reported that Microsoft board is considering Qualcomm’s Chief Operating Officer Steve Mollenkopf among candidates to replace CEO Steve Ballmer. This is the first report revealing that Mollenkopf is on the list of several choices which are under serious consideration by Microsoft’s board. Mollenkopf at Qualcomm is responsible for the popular mobile processors which powers leading smartphones including Nokia Lumia 1520, Galaxy S4, etc,. Also Bloomberg once again confirmed that other people in the list also includes Microsoft executive Satya Nadella and external candidates including Ford CEO Alan Mulally. READ: Steve Mollenkopf Will NOT Become CEO of Microsoft; Made President and CEO of Qualcomm Steve’s profile from Qualcomm, Since 2008, Mollenkopf led QCT and served as executive vice president and group president of Qualcomm, driving growth and providing critical technical and operational leadership. QCT is the world’s largest wireless chip supplier and fabless semiconductor company, in terms of revenue. ...

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