Microsoft Corporation (NASDAQ:MSFT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02. Departure of Directors or Principal Officers; Election
of Directors; Appointment of Principal Officers.
(d) On March14, 2017, Microsoft Corporation (Microsoft) issued a
press release to announce that the Microsoft Board of Directors
appointed Reid Hoffman to the Microsoft Board of Directors,
effective immediately. Mr.Hoffman, age 49, is a partner at
Greylock Partners and a co-founder of LinkedIn. Mr.Hoffman will
serve on the Regulatory and Public Policy Committee of the Board.
Mr.Hoffman will receive the same compensation as other
non-employee Microsoft directors as described in the Microsoft
2016 Proxy Statement under Director compensation.
There is no arrangement or understanding between Mr.Hoffman and
any other persons to which he was selected as a director.
Mr.Hoffman has no direct or indirect material interest in any
transaction required to be disclosed to Item 404(a) of Regulation
and Microsoft have entered into the standard Microsoft director
indemnification agreement, whereby Microsoft agrees to indemnify,
defend and hold its directors harmless from and against losses
and expenses incurred as a result of their board service, subject
to the terms and conditions provided in the agreement.
|Item9.01||Financial Statements and Exhibits.|
|99.1||Press Release of Microsoft Corporation dated March14, 2017.|
About Microsoft Corporation (NASDAQ:MSFT)
Microsoft Corporation is a technology company. The Company develops, licenses and supports a range of software products, services and devices. Its segments are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Its products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers. It also designs, manufactures, and sells devices, including personal computers, tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories, that integrate with its cloud-based offerings. It offers an array of services, including cloud-based solutions that provide customers with software, services, platforms, and content, and it provides solution support and consulting services. It also delivers online advertising. Microsoft Corporation (NASDAQ:MSFT) Recent Trading Information
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