Ballmer sees his bonus cut, Hastings leaves Microsoft board

09.10.2012

Separately, Microsoft also said Tuesday that Netflix CEO Reed Hastings won't be seeking reelection as an outside board member at the company's annual general meeting.

The proxy statement did not give a reason for Hastings' departure. In a press release, Ballmer praised Hastings' tenure on the board.

Microsoft shareholders will vote on nine nominations for the company's board. They are Bill Gates, chairman; Steve Ballmer, CEO; Dina Dublon, former chief financial officer of JPMorgan Chase; Maria Klawe, president of Harvey Mudd College; Stephen Luczo, chairman, president and CEO of Seagate Technology; David F. Marquardt, general partner of August Capital; Charles Noski, former vice chairman of Bank of America; Dr. Helmut Panke, former chairman of the board of management at BMW; and John Thompson, CEO of Virtual Instruments.

The IDG News Service