14 DAY TRIAL // The Redmond Company has revealed via a press release that Ann McLaughlin Korologos, chairman of the RAND Corp. board of trustees, will transition out of her current position by 2007. Microsoft stated that the decision was determined by her need to reprioritize the time factors associated with professional and personal commitments outside Microsoft. Korologos has joined The Microsoft board in January 2000 and has been with the Redmond Company for seven years.
"Ann has been an outstanding member of the Microsoft board," said Steve Ballmer, chief executive officer at Microsoft. "Her contributions and guidance have been invaluable, and we appreciate her seven years of service."
Korologos has publicly announced that she wouldn't participate for reelection at Microsoft's 2006 shareholder meeting. "I have thoroughly enjoyed my tenure on the board of this worldwide, highly respected company; however, new responsibilities and opportunities force me reluctantly not to seek re-election," Korologos said.
"Other members of the Microsoft board of directors are Bill Gates, chairman of Microsoft; Ballmer; James I. Cash Jr., Ph.D., former James E. Robison professor at the Harvard Business School; Dina Dublon, former chief financial officer of JPMorgan Chase; Raymond V. Gilmartin, former chairman, president and chief executive officer of Merck & Co. Inc.; David F. Marquardt, general partner at August Capital; Charles H. Noski, former vice chairman of AT&T Corp.; Dr. Helmut Panke, chairman of the board of management at BMW AG; and Jon Shirley, former president and chief operating officer of Microsoft," stated the company press release.