Monday, October 28, 2013

Reuters: Technology News: Microsoft shareholders advised to vote against director Thompson

Reuters: Technology News
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Microsoft shareholders advised to vote against director Thompson
Oct 28th 2013, 23:40

The Microsoft logo is seen at their offices in Bucharest March 20, 2013. REUTERS/Bogdan Cristel

The Microsoft logo is seen at their offices in Bucharest March 20, 2013.

Credit: Reuters/Bogdan Cristel

SEATTLE | Mon Oct 28, 2013 6:59pm EDT

SEATTLE (Reuters) - Proxy advisory firm Glass Lewis has recommended that Microsoft Corp shareholders vote against the re-election of board member John Thompson, the lead independent director who is in charge of the company's efforts to find a new chief executive.

In a research note circulated to its clients on Monday, Glass Lewis, which makes its recommendations based on corporate governance guidelines, expressed concerns about a possible conflict of interests for Thompson in his role as CEO of Virtual Instruments, a cloud-computing firm that sells licenses and devices to Microsoft.

(Reporting by Bill Rigby)

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