The Redmond, Wash.-based software company said Wednesday that Chief Executive Satya Nadella would also
About 59% of S&P 500 companies now have separate CEO and chairman positions, according to data compiled for The Wall Street Journal by ISS ESG, a unit of proxy adviser Institutional Shareholder Services Inc. That is an increase from 55% in 2020 and 37% in 2011. “Microsoft and its board have a longstanding commitment to strong corporate governance and shareholder protections,” a company spokesman said Thursday. “With 10 of 11 board members independent, and an experienced lead independent director, the board remains positioned to provide effective oversight and strategic direction to the company.”
The last time the two positions were held by the same person was by Mr. Gates in 2000, the spokesman said.
I’m so old, I remember when Marc Benioff said that only a Bill Gates return could save Microsoft
The answer is.not that, were running 🏃♂️ out of time, peace will erode off this earth. Then what, game will corporations play? The coward will come out, sooner rather than later.
Would be interested to see average shareholder returns for those with joint CEO/Chair and those who split it out.
Microsoft also the only company to have a product called Xbox Series X
this is terrible news
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