Former Microsoft CEO Steve Ballmer Leaves Board
Seattle: Microsoft on Tuesday said that its former chief executive Steve Ballmer will leave the software company's board with immediate effect.
Mr Ballmer, who retired when Satya Nadella took over as CEO in February, recently bought the Los Angeles Clippers basketball team for $2 billion, and plans to devote much of his energy to that project.
Mr Ballmer said, in a letter to CEO Nadella made public by Microsoft, that he intends to hold his large Microsoft stock position for the "foreseeable future".
Copyright @ Thomson Reuters 2014
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