Microsoft yesterday introduced that the board’s impartial administrators have elected Satya Nadella because the chairman of the board, and elected John W. Thompson as lead impartial director.
Here’s what Satya Nadella and John W. Thompson will do of their new roles:
In this function, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the enterprise to raise the appropriate strategic alternatives and determine key dangers and mitigation approaches for the board’s assessment. As lead impartial director, Thompson will retain vital authority together with offering enter on behalf of the impartial administrators on board agendas, calling conferences of the impartial administrators, setting agendas for govt classes, and main efficiency evaluations of the CEO.
Microsoft board additionally introduced a quarterly dividend of $0.56 per share. The dividend is payable Sept. 9, 2021, to shareholders of file on Aug. 19, 2021. The ex-dividend date can be Aug. 18, 2021.