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Tag: John W. Thompson

  • Microsoft Appoints a New Lead Independent Director

    Microsoft Appoints a New Lead Independent Director

    Microsoft has announced the appointment of a Lead Independent Director, Sandra E. (Sandi) Peterson, Operating Partner at Clayton, Dubilier & Rice.

    Peterson replaces John W. Thompson, who served in the roles of Lead Independent Director or Board Chair since 2012.

    “I’ve always valued John’s counsel and leadership and am grateful for his contributions as lead independent director and the strategic perspective he’ll continue to provide to Microsoft going forward,” said Satya Nadella, Chairman and CEO, Microsoft. “Since joining our Board, the guidance and insights Sandi has provided have been invaluable. I’m delighted that she will continue to bring a wealth of expertise and leadership to Microsoft as lead independent director.”

    Microsoft’s Board also reelected Nadella to continue serving as chairman.

  • Bill Gates Leaves Microsoft Board

    Bill Gates Leaves Microsoft Board

    Microsoft has announced that co-founder Bill Gates has stepped down from the company’s Board of Directors.

    Gates has not had a day-to-day role in the company since 2008, when he transitioned away to spend more time with the Bill & Melinda Gates Foundation. Even following today’s announcement, he will continue on as Technology Advisor to CEO Satya Nadella.

    “It’s been a tremendous honor and privilege to have worked with and learned from Bill over the years. Bill founded our company with a belief in the democratizing force of software and a passion to solve society’s most pressing challenges. And Microsoft and the world are better for it. The board has benefited from Bill’s leadership and vision. And Microsoft will continue to benefit from Bill’s ongoing technical passion and advice to drive our products and services forward. I am grateful for Bill’s friendship and look forward to continuing to work alongside him to realize our mission to empower every person and every organization on the planet to achieve more,” said Microsoft CEO Satya Nadella.

    “On behalf of our shareholders and the Board, I want to express my deep appreciation to Bill for all his contributions to Microsoft. As a member of the Board, he challenged us to think big and then think even bigger. He leaves an enduring legacy of curiosity and insight that serves as an inspiration for us all,” said John W. Thompson, Microsoft independent board chair.

    Even though Gates will continue to have input in his role as Technology Advisor, there’s no denying this is the end of an era for Microsoft.

  • Here’s What’s Going On With The Microsoft CEO Situation

    As you’re probably aware, Microsoft announced back in the summer that CEO Steve Ballmer would be stepping down after another twelve months. The company’s Board of Directors would begin a search for his replacement.

    The company has now given an update on the search, and no, they haven’t found the replacement yet.

    As Microsoft said from the beginning, they’re looking both inside of the company and outside for the right person to fill Ballmer’s shoes.

    John W. Thompson, chair of the Board’s search committee, says he’s pleased with the search’s progress.

    “The Board has taken the thoughtful approach that our shareholders, customers, partners and employees expect and deserve,” he says. “After defining our criteria, we initially cast a wide net across a number of different industries and skill sets. We identified over 100 possible candidates, talked with several dozen, and then focused our energy intensely on a group of about 20 individuals, all extremely impressive in their own right. As you would expect, as this group has narrowed, we’ve done deeper research and investigation, including with the full Board. We’re moving ahead well, and I expect we’ll complete our work in the early part of 2014.”

    “At the same time, Microsoft has continued to drive hard,” he adds. “Our employees produced strong quarterly results, announced in October. They released new versions of Windows, our Surface products and many other offerings. And the launch of Xbox One was experienced around the world. All of us on the Board appreciate their continued focus and commitment.”

    You can take a look at the quarterly results here.

    “As a Board, we are determined and confident that the company’s third CEO will lead Microsoft to renewed and continued success,” Thompson says. ” We’re looking forward to 2014 and the opportunities and decisions that lie ahead.”

    Ford CEO Alan Mulally had been a major contender to fill the role, but a couple weeks ago, Ford Board Director Edsel Ford indicated that Mulally would be staying with Ford through the end of 2014 at least. That doesn’t quite fit the timeframe Microsoft is talking about.

    Two other frequently mentioned candidates are Satya Nadella and Tony Bates. Nadella leads Microsoft’s Cloud and Enterprise group, and Bates leads its Business Development and Strategy.

    Former Nokia CEO (and current softie) Stephen Elop has also been mentioned in various reports (with rumors swirling that if he were to get the job, he would consider getting rid of Bing and Xbox).

    There has also been an unnamed person said to be on the shortlist of potential candidates.

    Image: YouTube