Optionality
mixed-constrained — hired CEO but also board chairman (since 2021), giving him more procedural latitude than a pure hired-CEO-no-board-seat case; still no founder-class supervoting stock, so ultimately serves at the board's pleasure.
Sourced figures 2
- kestrel board.yaml microsoft axis optionality: mixed — legally free discretionary treasury, but a rising majority self-earmarked to the AI buildout
- Wikipedia — Satya Nadella became Chairman June 16, 2021, succeeding John W. Thompson
the working
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