Former Microsoft chief executive Steve Ballmer has left the company’s board to spend more time on his newly acquired Los Angeles Clippers basketball team, but said he will keep his 4 percent stake in the software giant, Reuters news agency reported on Tuesday.
“I see a combination of the Clippers, civic contribution, teaching and study taking a lot of time,” Ballmer said in a letter to Microsoft CEO Satya Nadella.
“The fall will be hectic between teaching a new class and the start of the NBA seasonso my departure from the board is effective immediately,” he said.
Ballmer, 58, acquired the Clippers for US$2 billion, a record in the National Basketball Association.
His exit marks the end of a 34-year association with the company that led the personal computer revolution. Ballmer joined Bill Gates’ firm in 1980 when it was just a small startup in the Seattle suburbs, and succeeded him as CEO from 2000 until this February, the report said.
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