After some extended wrangling, Microsoft (MSFT) officially named Mason Morfit, president of activist investor ValueAct Capital, to its 11-member board of directors, following through on a “cooperation agreement” struck last August to avoid a potential proxy fight.

It’s no secret that Morfit already has urged Microsoft to redirect its strategy away from its core Windows products, the Surface tablet business and other possible hardware entries, and toward enterprise software and the cloud, which the investor views as far more sustainable operations going forward.

The question isn’t whether Morfit will influence Microsoft’s board—he’s already weighed in by gaining a seat—but just how much sway, if any, he’ll have on the other 10 Microsoft board members to back away from consumer and hardware products. And what will Morfit have to say about new Microsoft CEO Satya Nadella’s all-in pursuit of mobile?

San Francisco-based ValueAct, with $14 billion in assets under management, holds about 67 million Microsoft shares, equal to .8 percent of the company’s total outstanding issues, currently worth some $2.6 billion. As such, it is one of the vendor’s largest shareholders.

So far, everyone involved on both sides is making nice. John Thompson, Microsoft’s new chairman, said the board has “had the opportunity to work with Mason over the past six months, and we look forward to working with him more closely as a member of the board.”

And, Morfit, in noting Microsoft’s position as an “iconic global company with tremendous long-term potential,” also said he was looking forward to working with the board to “drive growth and value for all shareholders.”

Microsoft’s board consists of eight independent directors and three company executives. In addition to Morfit, the board includes new chief executive Satya Nadella; founder Bill Gates; former chief executive Steve Ballmer; Dina Dublon, former JPMorgan Chase CFO; Maria M. Klawe, Harvey Mudd College president; Stephen J. Luczo, Seagate chairman, president and CEO; David F. Marquardt, August Capital general partner; Charles H. Noski, Bank of America former vice chairman; Dr. Helmut Panke, BMW Bayerische Motoren Werke former chairman of the board of management; and, Thompson, Virtual Instruments CEO.

Microsoft also declared a quarterly dividend of 28 cents per share, payable on June 12 to shareholders of record on May 15. The ex-dividend date will be May 13.