SynopsisReid Hoffman, the cofounder of LinkedIn, will step down from Microsoft's board of directors. He will not stand for re-election at the 2026 annual shareholder meeting. Hoffman has been a board member since 2017. His departure is not due to any disagreements. He sold LinkedIn to Microsoft in 2016 for $26.2 billion. The platform now has over 1.3 billion members.Reid Hoffman, billionaire co-founder of networking website LinkedIn, has decided not to stand for re-election to Microsoft's board of directors at its 2026 annual shareholder meeting, the software giant said in a filing on Friday.Hoffman, who has served on the board since 2017, will stay on till the meeting. His decision was not a result of any disagreement with executives on any matter relating to policy or operations, Microsoft said.In 2016, he sold LinkedIn to Microsoft for $26.2 billion in what was at the time the tech giant's largest-ever deal. The social networking platform has grown to over 1.3 billion members since.Hoffman co-founded Inflection AI alongside Mustafa Suleyman in 2022 in an attempt to get ahead in the rapidly growing sector.He also led investment in Airbnb's Series A financing round in 2010 and backed autonomous driving company Aurora through venture capital firm Greylock Partners in 2018. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now
LinkedIn cofounder Reid Hoffman to step down from Microsoft's board - The Economic Times
Reid Hoffman, the cofounder of LinkedIn, will step down from Microsoft's board of directors. He will not stand for re-election at the 2026 annual shareholder meeting. Hoffman has been a board member since 2017. His departure is not due to any disagreements. He sold LinkedIn to Microsoft in 2016 for $26.2 billion. The platform now has over 1.3 billion members.
220 words~1 min read
