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.

Reid Hoffman was one of OpenAI's first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.

June 5 : 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…