Microsoft board member Carlos Rodriguez to step down after annual meeting

Microsoft Corp. (NASDAQ:MSFT), the $3.85 trillion technology giant with a GREAT financial health score according to InvestingPro, announced that Carlos A. Rodriguez, a member of its Board of Directors, has informed the company that he will not stand for re-election at the 2025 annual shareholder meeting. According to a press release statement included in a recent SEC filing, Rodriguez will continue to serve as a director until the annual meeting.

The company stated that Rodriguez’s decision was made for personal reasons and not due to any disagreement with management or the board regarding company operations, policies, or practices. Rodriguez currently serves as Chair of the Compensation Committee and is a member of the Audit Committee.

Microsoft expressed its gratitude for Rodriguez’s contributions during his tenure on the board. The information is based on a statement included in a filing with the Securities and Exchange Commission.

In other recent news, OpenAI reported revenue of approximately $4.3 billion for the first half of 2025, marking a 16% increase over its total revenue for all of 2024, as disclosed to shareholders. Additionally, OpenAI has launched a preview of ChatGPT Pulse, a new feature offering personalized daily updates to Pro users, with plans to expand access in the future. Meanwhile, Microsoft has seen its stock price target raised to $625 from $582 by Morgan Stanley, which maintained an Overweight rating and highlighted Microsoft as its top pick in large-cap software.

Microsoft has also announced the unification of its AI marketplaces into a single platform called "Microsoft Marketplace," combining tools for software developers and AI applications. Furthermore, Microsoft is enhancing its Copilot AI assistant by integrating models from Anthropic, allowing business users to switch between OpenAI and Anthropic models for various functions. These developments reflect significant advancements and strategic moves by both OpenAI and Microsoft in the technology sector.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.