Satya Nadella Named Microsoft Chairman of the Board
June 17, 2021
elected Satya Nadella to the role of board chair, and unanimously
elected John W. Thompson as lead independent director, a role he held
previously from 2012 to 2014.
In this role, Nadella will lead the work to set the agenda for the
board, leveraging his deep understanding of the business to elevate the
right strategic opportunities and identify key risks and mitigation
approaches for the board’s review. As lead independent director,
Thompson will retain significant authority including providing input on
behalf of the independent directors on board agendas, calling meetings
of the independent directors, setting agendas for executive sessions,
and leading performance evaluations of the CEO.
In addition to these role changes, the board declared a quarterly
dividend of $0.56 per share. The dividend is payable Sept. 9, 2021, to
shareholders of record on Aug. 19, 2021. The ex-dividend date will be
Aug. 18, 2021.