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Reuters
Fri, June 5, 2026 astatine 10:45 AM CDT 1 min read
June 5 (Reuters) - Reid Hoffman, billionaire co-founder of networking website LinkedIn, has decided not to basal for re-election to Microsoft's committee of directors astatine its 2026 annual shareholder meeting, the bundle elephantine said successful a filing connected Friday.
Hoffman, who has served connected the committee since 2017, will enactment connected till the meeting. His determination was not a effect of any disagreement with executives connected immoderate substance relating to argumentation oregon operations, Microsoft said.
In 2016, he sold LinkedIn to Microsoft for $26.2 billion successful what was astatine the clip the tech giant's largest-ever deal. The societal networking level has grown to implicit 1.3 cardinal members since.
Hoffman co-founded Inflection AI alongside Mustafa Suleyman in 2022 successful an attempt to get ahead successful the rapidly increasing sector.
He besides led concern in Airbnb's Series A financing circular successful 2010 and backed autonomous driving institution Aurora through task capital steadfast Greylock Partners successful 2018.
(Reporting by Zaheer Kachwala successful Bengaluru; Editing by Sahal Muhammed)
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