Microsoft names India-born CEO Satya Nadella as company's Chairman
New York: Microsoft's India-born CEO Satya Nadella has been named the company's Chairman, an additional role in which he will lead the work to set the agenda for the board.
Microsoft Corp on Wednesday announced that the board's independent directors unanimously elected Nadella to the role of board chair, and unanimously elected John W Thompson as the lead independent director, a role he held previously from 2012 to 2014.
In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board's review, the company said in a statement.
Nadella, 53, succeeds Thompson, who as the lead independent director, will retain significant authority including providing input on behalf of the independent directors on board agendas, calling meetings of the independent directors, setting agendas for executive sessions, and leading performance evaluations of the CEO, the technology giant said.
In addition to these role changes, the board declared a quarterly dividend of USD 0.56 per share. The dividend is payable September 9, 2021, to shareholders of record on August 19, 2021.
Nadella had succeeded Steve Ballmer to become Microsoft's CEO in 2014.
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Ranchi: Temple guard bludgeoned to death during robbery attempt, 3 held
Ranchi (PTI): A 60-year-old security guard of a temple in Ranchi was bludgeoned to death with a stone during a robbery attempt, police said on Saturday.
The incident happened late on Thursday at the Jagannath Temple in the Dhurwa Smart City area, they said.
"Three persons were arrested on Friday for killing the security guard. They confessed to the crime and told police that the victim had identified them. Therefore, in fear of being caught, they killed him by attacking him with a stone on his head," SSP Rakesh Ranjan said.
"Thereafter, they took money from the donation box and fled the scene. Two of them have criminal antecedents," he added.
Ranjan said the investigators recovered Rs 3 lakh in cash that had been robbed, the stone with blood-stained marks, and the iron rod used to break open the lock of the donation box kept there.
An FIR in this regard was lodged at the Dhurwa police station, he said, adding that the accused were sent to judicial custody by a court.
