Thread: Elop is the 7th biggest Microsoft shareholder!
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naabi is offline naabi
2011-02-13 , 01:36
Posts: 219 | Thanked: 94 times | Joined on Nov 2009 @ Helsinki, Finland
#50
Originally Posted by gerbick View Post
If you approach a person for the CEO position, knowing that he has some 600k+ share in a company that you've basically avoided in one fashion or another for almost 15 years shows me that they didn't do their research.
If you recruit a top manager from MS it's obvious that he has loads of shares, not even a question whether he has those. Common policy is to sell those when leaving to new position.

Originally Posted by gerbick View Post
Or... the board knew, this was their intent all along, thus it wasn't a problem once they found out he's one of the top ten single entity (a person) shareholder of Microsoft.
I've been trying to say many times in this thread that he managed to sell 60% of his shares, but right after he joined Nokia, he was registered as MS insider. He had to stop selling. This is what Nokia has told today. Now that big strategic changes have been published, he can continue selling. It could have been handled better, but making some conspiracy theories (not blaming you here) is just plain stupid.
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