Microsoft has announced that ValueAct Capital president Mason Morfit has been added as a member of its board of directors, increasing the number of board members to 11.
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A new report claims ValueAct Capital Management has been in talks with Microsoft in order to secure a seat on Microsoft's board of directors, possibly to influence's the company's future direction.
The chief executive of ValueAct Capital has said the investment firm won't do any public campaigning to impact Microsoft's strategy after taking a $2 billion stake in the tech giant today.
