Wash., March 14, 2023 /PRNewswire/ -- Microsoft
Corp. on Tuesday announced the appointment of Sandra E. (Sandi) Peterson, Operating Partner at
Clayton, Dubilier & Rice, as
Lead Independent Director. She succeeds John W. Thompson, who has
served in the roles of Lead Independent Director or Board Chair
Microsoft also announced its board of directors declared a
quarterly dividend of $0.68 per
share. The dividend is payable June 8,
2023, to shareholders of record on May 18, 2023. The ex-dividend date will be
May 17, 2023.
"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."
The Microsoft Board also made the following appointments:
- The independent directors reelected Satya Nadella to the role of Chairman.
- Sandra E. Peterson has been
appointed chair of the Governance and Nominating Committee and
remains a member of the Compensation Committee.
- Carlos A. Rodriguez has been
appointed to the Compensation Committee and will serve as chair of
- John W. Thompson remains a member of the Governance and
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.
Microsoft (Nasdaq "MSFT" @microsoft) enables digital
transformation for the era of an intelligent cloud and an
intelligent edge. Its mission is to empower every person and every
organization on the planet to achieve more.
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SOURCE Microsoft Corp.