ValueAct Capital President Added To Microsoft’s Board Of Directors

news today, saying:

“We’ve had the opportunity to work with Mason over the past six months, and we look forward to working with him more closely as a member of the board. Mason brings valuable insights given his financial background, his extensive experience as a public company director and his perspective as a significant Microsoft shareholder.”
ValueAct bought a $2 billion stake in Microsoft last April, and soon afterwards came murmurs that it was lobbying for a seat on the company’s board of directors. Microsoft signed a cooperation deal with ValueAct back in September, officially inviting Morfit to join the board. What remains to be seen is if the newest board member will vie for more changes at the software titan in immediate future. Let’s just hope the company does not sacrifice long term viability for short term gains.]]>

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