Monday, October 28, 2013

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

Reuters: Regulatory News
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Microsoft shareholders advised to vote against director Thompson
Oct 28th 2013, 22:54

SEATTLE | Mon Oct 28, 2013 6:54pm EDT

SEATTLE Oct 28 (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.

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