On Thursday, Shares of Microsoft Corporation (NASDAQ:MSFT), gained 1.63% to $46.72.
In an email to employees Wednesday, Microsoft Corporation, declared changes to its Senior Leadership Team to drive engineering alignment against the company’s core ambitions: reinvent productivity and business processes, build the intelligent cloud platform, and create more personal computing.
“We are aligning our engineering efforts and capabilities to deliver on our strategy and, in particular, our three core ambitions,” said Satya Nadella, CEO of Microsoft. “This change will enable us to deliver better products and services that our customers love at a more rapid pace.”
Changes to the Senior Leadership Team comprise the following:
Executive Vice President Terry Myerson will lead a newly formed team, Windows and Devices Group (WDG), focused on enabling more personal computing experiences powered by the Windows ecosystem. This new team combines the engineering efforts of the current Operating Systems Group and Microsoft Devices Group.
Executive Vice President Scott Guthrie will continue to lead the Cloud and Enterprise (C+E) team focused on building the intelligent cloud platform that powers any application on any device. The C+E team will also focus on building high-value infrastructure and business services that are key to managing business processes, especially in the areas of data and analytics, security and administration, and development tools. As a part of this declaration, the company will move the Dynamics development teams to the C+E team, enabling the company to accelerate ERP and CRM work and bring it into the mainstream C+E engineering and innovation efforts.
Executive Vice President Qi Lu will continue to lead the Applications and Services Group (ASG) focused on reinventing productivity services for digital work that span all devices and appeal to the people who use technology at work and in their personal lives.
As a result of the organizational moves, Stephen Elop, Kirill Tatarinov and Eric Rudder will leave Microsoft after a designated transition period. Unrelated to the engineering restructuring changes, Chief Insights Officer Mark Penn has decided to pursue another venture outside Microsoft and will be leaving the company in September.
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
Shares of Comcast Corporation (NASDAQ:CMCSA), inclined 1.44% to $60.48, during its last trading session, hitting its highest level.
On June 12, Comcast Corporation, declared the Florida 2015 recipients of its annual Leaders and Achievers® Scholarship Program awards. Recipients in the Tallahassee area were honored in a special ceremony at the Florida Department of Education with the state education commissioner.
“Congratulations to those students whose hard work in their studies and contributions to their communities merited recognition through the Comcast Leaders and Achievers Scholarship Award,” said Florida Education Commissioner Pam Stewart. “These are the future leaders, innovators and caretakers of our state. I wish each recipient success as they continue their education and pursue their dreams.”
This year, Comcast is awarding 172 scholarships worth $184,000 to high school seniors around Florida. Among the recipients are several students from the Tallahassee area who met with local Comcast leaders and Commissioner Stewart recently to be recognized for their accomplishments.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
Finally, Kinross Gold Corporation (NYSE:KGC), ended its last trade with -1.65% loss, and closed at $2.39.
Kinross Gold Corporation, has been ranked the top mining company on the list of Top 50 Most Socially Responsible Companies in Canada developed by Maclean’s magazine in partnership with Sustainalytics, an independent sustainability investment research firm.
The ranking, which appears in the June 15th edition of Maclean’s, comes after Kinross was recognized earlier this month as one of Canada’s Best 50 Corporate Citizens for the sixth successive year by Corporate Knights, a media and research firm that promotes social responsibility in the private sector.
Kinross strives to conduct all its operations in a manner that is safe for employees and local communities, protective of the environment and beneficial to the host countries and communities where it operates. Kinross’ key corporate responsibility accomplishments and commitments comprise:
- A ‘safety first’ approach that has resulted in one of the top safety records in the industry.
- A commitment to generating sustained economic benefits in the communities and countries where Kinross operates with:
- 98% of the company’s workforce from the host countries where Kinross operates
- 78% of total expenditures at Kinross’ operations spent in host countries in 2013
- 74% of all goods and services procured in host countries in 2013
- The implementation of Site Responsibility Plans at each site, which provide a framework for engaging stakeholders and developing strategies that support Kinross’ commitments to its host communities. In 2014:
- 90,500 stakeholders were engaged in active dialogue regarding company activities
- Kinross contributed to 687 local community programs, initiatives and events affecting an estimated 805,000 people
- Kinross is also a signatory to the United Nations Global Compact and one of the original signatory companies to the International Cyanide Administration Code.
Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores.
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