Win8 's father Steven Sinovsky's retirement agreement exposure

Source: Internet
Author: User

Abstract: Win8 's father Steven Sinovsky's retirement agreement is exposed. Microsoft has signed an agreement with Sinofsky that Sinofsky will receive Microsoft's shares as compensation, according to a document submitted to the Securities and Exchange Commission yesterday. Sinofsky

The "Father of Win8" Stephen Sinnowski's retirement agreement was exposed. Yesterday, Microsoft submitted to the Securities and Exchange Commission documents that Microsoft has signed an agreement with Sinofsky, Sinofsky will receive Microsoft's shares as compensation, Sinofsky promised not to denigrate Microsoft, within a certain period of time do not accept competitors to hire.

Sinofsky joined Microsoft as early as 1989, and in 2006 he took over Windows, reviving Windows Vista, which had a bad market response, and released a successful Windows7 in 2009. As the lead developer of the Microsoft WINDOWS8 System, Sinofsky is also known as the "Father of Win8". Given its outstanding contribution to the company, Sinofsky has been regarded by the industry as an important candidate for Microsoft's next CEO. But a few weeks after Win8 's release last November 13, Sinofsky unexpectedly resigned to teach at Harvard Business School.

Microsoft said the two sides have been negotiating a retirement agreement since Sinofsky left. According to the agreement signed by the two sides, Microsoft will give Sinofsky 418361 shares as compensation. According to Microsoft's latest closing price of USD 34/share, these shares are worth about 14.2 million dollars. Sinofsky promised Microsoft that it would not be allowed to dig corners from Microsoft, that Microsoft customers should not be encouraged to switch to rival products, and that it would not be allowed to accept job invitations to rival Microsoft's rivals until December 31, 2013;

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