310:. The company subsequently announced an agreement to share information and work with ValueAct, as well as to give ValueAct an option to join the board of directors. It was speculated that pressure from ValueAct led to Ballmer's decision to leave the company but both Ballmer and Microsoft have said otherwise. Morfit joined the Microsoft Board of Directors in early 2014 and served until late 2017 during which time the company thrived under new CEO Satya Nadella.
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ValueAct
Capital is a very active investor that identifies companies that appear to be out of favor or may be undergoing a significant transition. ValueAct makes a significant investment into the company and then works with the company to make changes with the goal of increasing long-term stock value
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ValueAct
Capital was initially formed in June 2000 to manage the capital of its founders, along with the capital of a limited number of outside investors. The firm was led by Jeff Ubben from its founding until 2020 when Mason Morfit became CEO. In 2024, Rob Hale was elevated to the role of Co-CEO
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is a San
Francisco-based investment company with a portfolio value calculated at about $ 9.269 billion on behalf of several institutional and individual investors. The company is a privately owned
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in
January 2022. On January 27, Salesforce announced that it is appointing three new directors to the board, one of whom is Mason Morfit, CEO and CIO of ValueAct Capital.
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in August 2022. ValueAct aims to encourage the company to more actively pursue the sale of "bundled" subscriptions to its various offerings.
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https://www.reuters.com/business/finance/valueact-names-hale-co-ceo-announces-partner-departures-strong-gains-letter-2023-08-04/
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Value Act
Capital LLC, ValueAct Capital Master Fund LP, ValueActCapital Partners LP
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In May 2013 ValueAct
Capital revealed that it had purchased $ 2 billion worth of
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381:"Mason Morfit takes charge at ValueAct — 13 years after being tipped"
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stock (less than 1%). Shortly thereafter the company announced that
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In August 2020, the company sold all of the stake capital of
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440:"ValueAct sells entire stake in Rolls-Royce"
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109:Learn how and when to remove this message
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16:San Francisco-based investment company
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41:Please help
36:verification
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288:Rolls-Royce
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264:Background
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