Brief by Shorts91 Newsdesk / 10:54am on 07 Dec 2025,Sunday Business
Norway’s $2 trillion sovereign wealth fund—one of Microsoft’s biggest shareholders—voted against Satya Nadella’s reappointment as chair of the board and rejected his $96.5 million pay package at Microsoft’s Dec 5 AGM. The moves reflect the fund’s long-standing governance stance: it opposes the concentration of power when one person is both CEO and board chair, and criticizes what it considers excessive executive compensation. However, despite its opposition, Nadella’s compensation and leadership were still approved by the broader shareholder base. (PC: X)
