The company is run by a Board of Directors consisting of ten people, made up of mostly company outsiders (as is customary for
publicly traded companies). Current members of the
board of directors are:
Steve Ballmer,
James Cash, Jr.,
Dina Dublon,
Bill Gates,
Raymond Gilmartin,
Reed Hastings,
David Marquardt,
Charles Noski,
Helmut Panke, and
Jon Shirley.
[72] The ten board members are elected every year at the annual
shareholders' meeting, and those who do not get a majority of votes must submit a
resignation to the board, which will subsequently choose whether or not to accept the resignation. There are five committees within the board which oversee more specific matters. These committees include the Audit Committee, which handles accounting issues with the company including auditing and reporting; the Compensation Committee, which approves compensation for the CEO and other employees of the company; the Finance Committee, which handles
financial matters such as proposing mergers and acquisitions; the Governance and Nominating Committee, which handles various corporate matters including nomination of the board; and the Antitrust Compliance Committee, which attempts to prevent company practices from violating
antitrust laws.
[73][74]There are several other aspects to the corporate structure of Microsoft. For worldwide matters there is the Executive Team, made up of sixteen company officers across the globe, which is charged with various duties including making sure employees understand Microsoft's culture of business. The sixteen officers of the Executive Team include the Chairman and
Chief Software Architect, the CEO, the
General Counsel and Secretary, the
CFO, senior and group vice presidents from the business units, the CEO of the Europe, the Middle East and Africa regions; and the heads of Worldwide Sales, Marketing and Services;
Human Resources; and Corporate Marketing. In addition to the Executive Team there is also the Corporate Staff Council, which handles all major staff functions of the company, including approving corporate policies. The Corporate Staff Council is made up of employees from the Law and Corporate Affairs, Finance, Human Resources, Corporate Marketing, and Advanced Strategy and Policy groups at Microsoft. Other
Executive Officers include the Presidents and Vice Presidents of the various product divisions, leaders of the marketing section, and the
CTO, among others