Satya Nadella reelected as Chairman of Microsoft’s Board of Directors

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Published onMarch 15, 2023

published onMarch 15, 2023

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After a round of voting, Microsoft’s Board reelects CEO Satya Nadella as Chairman, fills the Lead Independent Director Chair left open by John W. Thompson, as well as announcing new quarterly dividends for shareholders.

Yesterday, Microsoft announced that its Independent Directors hadreelected company CEO Satya Nadellaas Board Chairman, as well as filling former Chair of the Governance and Nominating Committee John Thompson’s position with Operating Partner at Clayton, Dubilier & Rice, Sandra E. (Sandi) Peterson.

John Thompson, while stepping down, will remain a member of the Governance and Nominating Committee.

Microsoft also announced the appointment of Carlos A. Rodriguez to the Compensation Committee, where he will serve as chair of the committee.

A full breakdown of Microsoft Board is as follows:

The Microsoft Board consists of 12 members: Sandra E. Peterson, Lead Independent Director, Microsoft Corporation; Reid G. Hoffman, General Partner, Greylock Partners; Hugh F. Johnston, Vice Chairman and Chief Financial Officer, PepsiCo, Inc.; Teri L. List, former Executive Vice President and Chief Financial Officer, Gap, Inc.; Satya Nadella, Chairman and Chief Executive Officer, Microsoft Corporation; Penny S. Pritzker, Founder and Chairman, PSP Partners; Carlos A. Rodriguez, Executive Chair, ADP, Inc.; Charles W. Scharf, Chief Executive Officer and President, Wells Fargo & Company; John W. Stanton, Chairman, Trilogy Partnerships; John W. Thompson, Partner, Lightspeed Venture Partners; Emma N. Walmsley, Chief Executive Officer, GSK; and Padmasree Warrior, Founder, President & CEO, Fable Group Inc.

The last bit of news coming out of the election process includes an announcement from the company that starting June 8, 2023, quarterly dividends of $0.68 a share will be payable to shareholders, and shareholders of record could receive the advance as soon as May 18, 2023.

Kareem Anderson

Networking & Security Specialist

Kareem is a journalist from the bay area, now living in Florida. His passion for technology and content creation drives are unmatched, driving him to create well-researched articles and incredible YouTube videos.

He is always on the lookout for everything new about Microsoft, focusing on making easy-to-understand content and breaking down complex topics related to networking, Azure, cloud computing, and security.

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Kareem Anderson

Networking & Security Specialist

He is a journalist from the bay area, now living in Florida. He breaks down complex topics related to networking, Azure, cloud computing, and security

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Satya Nadella reelected as Chairman of Microsoft’s Board of Directors