Microsoft board of directors announces role changes and quarterly dividend
Retrieved on:
Wednesday, June 16, 2021
REDMOND, Wash., June 16, 2021 /PRNewswire/ -- Microsoft Corp. on Wednesday announced that the board's independent directors unanimously elected Satya Nadella to the role of board chair, and unanimously elected John W. Thompson as lead independent director, a role he held previously from 2012 to 2014.
Key Points:
- REDMOND, Wash., June 16, 2021 /PRNewswire/ -- Microsoft Corp. on Wednesday announced that the board's independent directors unanimously elected Satya Nadella to the role of board chair, and unanimously elected John W. Thompson as lead independent director, a role he held previously from 2012 to 2014.
- As lead independent director, Thompson will retain significant authority including providing input on behalf of the independent directors on board agendas, calling meetings of the independent directors, setting agendas for executive sessions, and leading performance evaluations of the CEO.
- In addition to these role changes, the board declared a quarterly dividend of $0.56 per share.
- Microsoft (Nasdaq "MSFT" @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge.