Ballmer said his new commitments, like owning the Clippers, make it "impractical" to continue serving on board
Former Microsoft CEO Steve Ballmer said Tuesday he has stepped down from the company’s board. Ballmer’s announcement came in a public letter addressed to the company’s current CEO, Satya Nadella.
Ballmer, who retired from the company’s helm in February but kept a seat on the board, cited the time commitments of his existing responsibilities—like owning the Los Angeles Clippers—as his primary reason for departure, which is effective immediately.
“In the six months since leaving, I have become very busy. I see a combination of the Clippers, civic contribution, teaching and study taking a lot of time,” Ballmer wrote. “Given my confidence and the multitude of new commitments I am taking on now, I think it would be impractical for me to continue to serve on the board, and it is best for me to move off.”
Ballmer said he will remain Microsoft’s biggest individual shareholder, and encouraged his workplace of 34 years to move boldly “to monetization through enterprise subscriptions, hardware gross margins, and advertising revenues” while also continuing to manage Microsoft’s software business.
“I promise to support and encourage boldness by management in my role as a shareholder in any way I can,” Ballmer added.
“As you embark on your new journey, I am sure that you will bring the same boldness, passion and impact to your new endeavors that you brought to Microsoft, and we wish you incredible success. I also look forward to partnering with you as a shareholder,” Nadella wrote. “On behalf of all of Microsoft and the Board of Directors, thank you.”