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mahatmakanejeeves

(57,312 posts)
Tue Aug 19, 2014, 05:16 PM Aug 2014

Ballmer steps down as Microsoft director

He hasn't been the CEO for a while, just a member of the board - until now.

Ballmer steps down as Microsoft director

Originally published August 19, 2014 at 11:57 AM | Page modified August 19, 2014 at 12:50 PM

By Jay Greene
Seattle Times business reporter

Steve Ballmer has severed the last of his management ties to Microsoft, stepping down as a board director and ending one of the most lucrative but ultimately mixed leadership runs in corporate America.

Ballmer sent a letter to Microsoft CEO Satya Nadella on Tuesday saying he would leave the board “effective immediately.”
....

A Microsoft spokesman said that Ballmer was not asked to step down from the board.

Other than Gates, there may be no one more indelibly etched in Microsoft’s history than Ballmer, even more than the other co-founder, Paul Allen. Ballmer spent 34 years at the company and amassed a fortune that Forbes magazine pegged at $18 billion. Just last week, he spent $2 billion of that money to acquire the Los Angeles Clippers basketball franchise.
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