REDMOND, Wash., Nov. 28, 2018 /PRNewswire/ -- Speaking to
shareholders at Microsoft Corp.'s annual meeting on Wednesday,
Chief Executive Officer Satya
Nadella highlighted the importance of creating technology
that benefits people and society broadly, and the opportunity for
Microsoft to help its customers and partners thrive in a world
where every company is a software company.
"I'm proud of the progress we made this past fiscal year as we
innovate and help our customers digitally transform," Nadella said.
"We create economic opportunity in every community, and this broad
impact – coupled with our focus on instilling trust in technology
across everything we do – makes me incredibly optimistic about the
opportunity ahead."
Executive Vice President and Chief Financial Officer
Amy Hood shared highlights of
Microsoft's record performance over the past year fiscal year
including continued growth in its commercial cloud business and
strong growth across each service. Hood noted that Microsoft is
confident in its ability to execute against its innovation roadmap,
positioning the company for continued growth and to deliver
shareholder value.
The following proposals were acted on by the company's
shareholders at the meeting. All proposals received above 95
percent of votes cast.
- Re-elected 14 directors to serve until the next annual meeting
of the shareholders.
- Approved, on a nonbinding advisory basis, the fiscal year 2018
compensation of the company's named executive officers.
- Ratified the selection of Deloitte & Touche LLP as the
company's independent auditor for fiscal year 2019.
Microsoft's board of directors consists of John W. Thompson, Microsoft independent
chairman; William H. Gates, co-chair
and trustee of the Bill & Melinda Gates Foundation;
Reid Hoffman, partner at Greylock
Partners; Hugh Johnston, vice
chairman and chief financial officer of PepsiCo Inc.; Teri L. List-Stoll, executive vice president and
chief financial officer of Gap Inc.; Satya
Nadella, chief executive officer of Microsoft; Charles H. Noski, former vice chairman of Bank
of America Corp.; Dr. Helmut Panke,
former chairman of the board of management at BMW AG; Sandra E. Peterson, former group worldwide chair
for Johnson & Johnson; Penny S.
Pritzker, founder and chairman of PSP Partners; Charles W. Scharf, chief executive officer of
The Bank of New York Mellon Corp.; Arne
Sorenson, president and chief executive officer of Marriott
International; John W. Stanton,
chairman of Trilogy Partnerships; and Padmasree Warrior, chief development officer,
NIO Inc. and chief executive officer, NIO USA 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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/microsoft-holds-annual-shareholders-meeting-300757104.html
SOURCE Microsoft Corp.