Microsoft proposes first non-U.S. director for board
InfoWorld | at | by Mike
Helmut Panke, chairman of the board of management of German auto manufacturer Bayerische Motoren Werke AG (BMW), and Charles H. Noski, former vice chairman of AT&T will be put forward for election to the board at the annual shareholders' meeting in November. The board also nominated the existing eight directors for re-election, Microsoft said in a statement.
The move is the latest in a series which seek to improve corporate governance at Microsoft, the company said. Bill Gates, Microsoft's chairman and chief software architect, said Panke would be the company's first director from outside the U.S., adding that his experience as chairman of one of Europe's most successful companies will be invaluable, according to the statement.