Summary by Futu AI
The National Legal and Policy Center (NLPC), a shareholder in Microsoft Corporation, has submitted a letter to the company's Board of Directors calling for the resignation or removal of Reid Hoffman from the Board. The NLPC, which promotes ethics in public life and sponsors the Corporate Integrity Project, has expressed concerns over Hoffman's reported comments that appeared to condone political violence, as well as his ties to the late Jeffrey Epstein. The NLPC's letter, dated July 16, 2024, follows a previous request from October 2023. The NLPC urges fellow shareholders to oppose Hoffman's reappointment at the 2024 Annual Shareholders Meeting. The letter highlights Hoffman's controversial political activities and public persona, which the NLPC believes could damage Microsoft's reputation and alienate customers. The NLPC has previously sponsored proposals at Microsoft's annual meetings and continues to advocate for corporate integrity and ethical conduct.