- MicroStrategy (MSTR) CEO Michael Saylor removes director Sanju Bansal from his position on the board. Saylor holds 2.01M Class B shares, each carrying 10 votes, which give him the ability to remove directors without cause. (8-K)
- The move suggests bad blood among former partners, given the fact that Bansal co-founded MicroStrategy with Saylor and had previously served as COO until 2012.
MicroStrategy co-founder ousts former partner from board
Dec 2 2013, 08:57 ET