Microsoft to Add Marriott CEO Arne Sorenson and Former U.S. Commerce Secretary Penny Pritzker
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Microsoft to Add Marriott CEO Arne Sorenson and Former U.S. Commerce Secretary Penny Pritzker

Microsoft to Add Marriott CEO Arne Sorenson and Former U.S. Commerce Secretary Penny Pritzker

On Monday, Microsoft released its annual proxy statement announcing two nominations for members to its board of directors. These nominees are Penny Pritzker and Arne Sorenson. Both of them are accomplished leaders and would be bring significant global experience onto the board if elected. They will be presented for election at the company’s annual shareholders meeting that is scheduled to be held on Nov. 29, 2017.

“Penny and Arne are both strong leaders with impressive accomplishments and contributions that span business and public service,” said John Thompson, independent Microsoft board chairman. “They will serve as valuable additions to the board.”

Pritzker is the founder and chairman of PSP Capital and its affiliate, Pritzker Realty Group. From June 2013 to January 2017, she served as U.S. Secretary of Commerce. She is an entrepreneur, civic leader and philanthropist and has nearly 30 years of experience as a business executive across numerous industries, building dozens of successful companies. She and her husband, Dr. Bryan Traubert, co-founded the Pritzker Traubert Foundation, a private philanthropic foundation that works to foster increased economic opportunity for Chicago’s families.

Sorenson has served as president and CEO of Marriott International since 2012 and was elected to Marriott’s board of directors in 2011. In addition, he is the chairman of Marriott’s Global Diversity and Inclusion Council and co-founded Marriott’s Global Sustainability Council in 2007. In Sorenson’s career at Marriott International, he has also served as chief operating officer, executive vice president, and chief financial officer and president of continental European lodging. Sorenson serves on the board of Brand USA.

Microsoft’s current board members include: John Thompson, Microsoft independent chairman; William Gates, Microsoft founder and technology advisor; Reid Hoffman, partner at Greylock Partners; Hugh Johnston, vice chairman and chief financial officer of PepsiCo; Teri List-Stoll, executive vice president and chief financial officer of Gap Inc.; Satya Nadella, CEO of Microsoft; Charles Noski, former vice chairman of Bank of America Corp.; Dr. Helmut Panke, former chairman of the board of management at BMW AG; Sandra Peterson, group worldwide chair for Johnson & Johnson; Charles Scharf, CEO of The Bank of New York Mellon Corp.; John Stanton, chairman of Trilogy Equity Partners; and Padmasree Warrior, CEO and chief development officer of NIO USA Inc.

Megha Shah
Megha Shah
A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!

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