Reid Hoffman exits Microsoft board to lead Manas AI, shares slip to $419.89

Reid Hoffman is departing Microsoft’s board at the 2026 annual meeting to focus on his AI drug-discovery startup Manas. The LinkedIn co-founder, a director since 2017, notified the company on June 2 that he is returning to founder mode; no management disagreement was cited. The orderly exit follows prior shareholder opposition campaigns yet carries limited operational impact. MSFT shares traded at $419.89, down nearly 1.9 percent, while the company maintains a $3.17 trillion market capitalization and 17.87 percent revenue growth.