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Software giant Microsoft said chief marketing officer Chris Capossela is leaving the company after 32 years, nearly 10 of which were spent in the top marketing job. Photo: Chris J. Ratcliffe/Bloomberg NewsMicrosoft has swapped out its long-serving chief marketing officer as it commits to branding itself as an AI company. The software giant on Thursday said chief marketing officer Chris Capossela is leaving the company after 32 years, nearly 10 of which were spent in the top marketing job.
Persons: Chris Capossela, Chris J, Ratcliffe Organizations: Microsoft, Bloomberg
One exec explained a reason for the change is "wanting to invest in the AI wave." A Microsoft executive said a reason behind the company's decision to halt raises and cut bonuses and stock awards this year is "wanting to invest in the AI wave," an internal message viewed by Insider read. "The most important lever for almost all our employees' compensation upside is the stock price," Capossela wrote in the message. Some Microsoft employees have been vocal about the blow to morale from pay changes and recent layoffs, saying in internal messages directed at executives and viewed by Insider. That might be true if we were a private company perhaps like a private law firm, but for publicly traded companies like Microsoft, investors become a critical stakeholder.
Persons: Satya Nadella, Chris Capossela, Capossela, I've, Ashley Stewart Organizations: Microsoft, OpenAI, Activision, Companies
The Cupertino-based tech giant is taking its usual 30% cut from users signing up to ChatGPT Plus through the app, according to a note from Bernstein analysts. A spokesperson for Gates told the WSJ that Epstein had "tried unsuccessfully to leverage a past relationship" to threaten the tech billionaire. Microsoft's marketing chief told staffers to bump the stock prices for raises. The tech giant has already managed to outpace the market with shares up 33% so far this year. The tech giant just launched two new Pixel phones.
Microsoft's chief marketing officer told employees to bump the stock price for raises, Fortune reported. Earlier this month, Microsoft told salaried employees they wouldn't receive raises. The company's stock price is up 33% so far this year, far outpacing the broader stock market. Microsoft employees aren't getting raises this year. "The most important lever for almost all our employees' compensation upside is the stock price," CMO Chris Capossela wrote to employees in an internal conversation, reported by Fortune.
All of us have had to — or will — deal with a frustrating work situation at some point in our careers, whether it's a loud deskmate, an unproductive meeting or a project that went off the rails. There's a better approach to handling difficult conversations at work, Chris Capossela, Microsoft's chief marketing officer, argues — and it starts with clear, confident communication. Capossela has spent his 31-year career at Microsoft mastering the art of communication, even serving as a speechwriter for then-CEO Bill Gates between 1997 and 1999. Before Capossela initiates or participates in a difficult work conversation, he starts with an email. I'd love to meet with you and hear your thoughts on what those steps might look like.
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