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Circle announced the appointment of Kirk Koenigsbauer to its Board of Directors and will join the Board's Compensation Committee and Risk Committee. Kirk currently serves as President and Chief Operating Officer of Microsoft's Experiences and Devices division, focusing on Microsoft 365 and Copilot. With over 30 years of experience at Microsoft in global enterprise software and cloud services expansion, he led the transformation of Office 365 to the cloud and helped establish Microsoft's security business. Circle CEO Jeremy Allaire stated that Kirk's experience in building mission-critical software platforms, establishing global security businesses, and operations will help Circle strengthen risk management, governance, and global enterprise capabilities.