SEATTLE (Reuters) - Microsoft Corp named wireless industry pioneer John Stanton to its board on Wednesday, adding a director with experience in the mobile sector it has struggled to crack.
The move to appoint Stanton, 58, who until last year was the chairman of wireless broadband company Clearwire Corp, comes six months into the leadership of new Microsoft CEO Satya Nadella, whose motto for the company is "mobile-first, cloud-first", veering away from its historical strength in PC software.
Investors have applauded Nadella's forward-looking stance, but still have concerns about the $7.2 billion purchase this year of Nokia's handset business, which thrust Microsoft directly into the phone market, but has yet to deliver results with only about 4 percent of smartphones globally running Windows software.
Two weeks ago, Nadella announced 18,000 job cuts at Microsoft, with most coming from the phone business it acquired from Nokia.
"John's insights into mobility around the globe and his expertise in working with organizations as CEO and as a board member will be invaluable as we transform Microsoft for growth and leadership in the mobile-first, cloud-first world," said Nadella in a statement.
In the 1980s, Stanton was a senior executive at McCaw Cellular, which led the way in the nascent wireless industry, later becoming part of AT&T. Between 1995 and 2003, he led VoiceStream Wireless, which was bought by Deutsche Telekom and later renamed T-Mobile USA. He went on to become a director and then chairman at Clearwire from 2008 to 2013.
Microsoft now has 11 board members, including former CEOs Steve Ballmer and Bill Gates. Gates stepped down as chairman earlier this year to be replaced by lead independent director John Thompson. In March, the company's board added Mason Morfit, a president of activist investor ValueAct Capital, which has been skeptical of Microsoft's forays into the hardware market.
(Reporting by Bill Rigby; editing by Gunna Dickson)
____________________________________
FIND OUT MORE ABOUT 'BEN Latest News'
'Like us on Facebook'
http://www.facebook.com/pages/BEN-Latest-News/443681719077160
'Follow us on Twitter'
www.twitter.com/benlatestnews
For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5
BEN Latest News™®
Thursday, 31 July 2014
Home »
» TECHNOLOGY Microsoft board adds mobile savvy with Stanton
TECHNOLOGY Microsoft board adds mobile savvy with Stanton
21:53
No comments
Related Posts:
Iranian envoy killed in Yemeni capitalIranian Foreign Ministry spokeswoman says diplomat killed after he resisted gunmen who were trying to kidnap him.An Iranian diplomat, who was seriously wounded in a drive-by shooting by unknown assailants outside his residenc… Read More
Iran executes 40 in two weeks: rights groupAmnesty International says figure is more than the total for last January, and many were for drug-related offences. Iran has executed 40 people since the beginning of 2014, according to Amnesty International, with at least 3… Read More
Mumbai mourners killed in stampedeAt least 18 die and 50 are injured as crowds gather to pay respects to Muslim spiritual leader, who died aged 102. A pre-dawn stampede killed 18 people as tens of thousands of people gathered to mourn the death of a Mus… Read More
Indian minister's wife had 'unnatural' deathCause of Sunanda Puskhar's death unknown after her body was found in New Delhi hotel room following Twitter row.An Indian junior minister's wife, who was found dead in a luxury hotel after exposing her husband's a… Read More
IAEA inspectors arrive in TehranAs part of a deal that will ease sanctions, Iran has allowed for the international inspection of its nuclear programme. Inspectors from the United Nations nuclear watchdog arrived in Tehran to oversee implementation of a lan… Read More
0 comments:
Post a Comment