August 19, 2014 / 6:21 PM / 3 years ago

Former Microsoft CEO Steve Ballmer leaves board

SEATTLE, Aug 19 (Reuters) - Former Microsoft Corp Chief Executive Steve Ballmer will leave the software company’s board with immediate effect, Microsoft said on Tuesday.

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.

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.” (Reporting by Bill Rigby; Editing by Diane Craft)

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