Ex-Microsoft chief executive Steve Ballmer has announced that he is retiring from the board with immediate effect.
Ballmer said that since he quit the top job he had become “too busy” and it would therefore be “impractical to continue” working with the firm.
Ballmer’s decision to leave the software giant comes after his latest purchase of the Los Angeles Clippers basketball team. From his statement, it is evident that the Clippers team, teaching, studying and civic contribution take most of his time.
“My departure would be immediate because of a hectic autumn, which includes teaching a new class as well as the beginning of the NBA basketball season,” Ballmer said.
Ballmer pledged on Tuesday to hold onto the Microsoft shares for the near future — as he has more shares than any other individual within the firm.
Ballmer resigned from his chief executive position in February.