Microsoft Corp. (MSFT) said that its shareholders overwhelmingly approved supported the company's executive compensation practices in Microsoft's first vote on executive compensation, also known as "say on pay" at the annual shareholder meeting.
The company's shareholders elected nine directors to serve until the next annual meeting of shareholders. The shareholders also ratified the selection of Deloitte & Touche LLP as the company's independent auditor. However, two shareholder proposals related to healthcare reform and charitable contributions were turned down.
Speaking at Microsoft's annual shareholder meeting, Chief Executive Officer, Steve Ballmer, highlighted the strength of the company's execution over the past year, announced record sales figures for Windows 7, and detailed the company's plans to continue to deliver shareholder value in the long term.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.