LinkedIn cofounder Reid Hoffman to step down from Microsoft's board

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.