Ex-CEO Steve Ballmer Quits Microsoft Board
The move comes after Ballmer takes ownership of an NBA basketball team, the Los Angeles Clippers.Steve Ballmer won't be splitting his time between Microsoft's board of directors and his duties as the new owner of the NBA team, the Los Angeles Clippers. In an Aug. 19 letter to Microsoft CEO Satya Nadella, Ballmer announced that he was stepping down from the company's board. Citing his confidence in Microsoft's "mobile-first, cloud-first" corporate strategy and his new commitments, "I think it would be impractical for me to continue to serve on the board, and it is best for me to move off." As autumn approaches, Ballmer anticipates that time will be a scarce resource. "The fall will be hectic, between teaching a new class and the start of the NBA season, so my departure from the board is effective immediately." Ballmer made a $2 billion bid for the Clippers following a racially charged scandal involving former owner Donald Sterling and a subsequent decision by the NBA to strip him of the team's ownership. On Aug. 12, Ballmer took ownership of the Clippers.
"I am humbled and honored to be the new owner of the Los Angeles Clippers," said Ballmer in an Aug. 12 statement. "I will be hard-core in giving the team, our great coach, staff and players the support they need to do their best work on the court. And we will do whatever is necessary to provide our fans and their families with the best game-night experience in the NBA."