Seagate CEO, who helped pick Nadella, leaves Microsoft's board

Stephen Luczo's tenure on the board lasted less than two years, but he was involved in the historic search for Microsoft's new CEO

After a brief but influential stint, Stephen Luczo, chairman and CEO of Seagate Technology, is leaving Microsoft's board of directors.

Luczo, who joined the board less than two years ago in May 2012, was a member of its compensation committee and the search committee that picked Satya Nadella to replace Steve Ballmer as CEO of the company.

"It has been a pleasure serving on the Microsoft board, and helping to guide the company through such a historic period of change and reinvention," Luczo said in a statement Thursday.

The search for Ballmer's replacement was a highly publicized process that took almost six months, culminating with Nadella's appointment in February. Ballmer's decision to step down, announced in August, came as a surprise and set tongues wagging over what might have prompted it.

"With the CEO search completed and Satya off to a strong start, this felt like an appropriate time to make this change so I can turn my full attention to leading Seagate," Luczo said.

Board chairman John Thompson called Luczo an "excellent" board member who worked hard and made significant contributions in the CEO search and compensation committees, while Bill Gates, who now acts as a technology adviser to Microsoft, said he brought "thoughtful industry insights and perspective."

Last week, Microsoft appointed to its board Mason Morfit, the president of one of its biggest investors, ValueAct Capital, following an agreement between the companies in August.

That deal, signed about a week after Ballmer announced his intention to retire, gave Morfit the option to join the board in exchange for ValueAct's agreement not to wage a proxy battle against Microsoft.

Observers speculated at the time that Ballmer decided to retire to appease ValueAct and avoid a proxy fight, though Ballmer denied this. He said several times during the search for his replacement that he had become convinced Microsoft needed a new leader to get it where it needed to be more quickly.

With Luczo's resignation, Microsoft's board now has 10 members: Ballmer; Gates; Nadella; Morfit; Thompson, CEO of Virtual Instruments; Dina Dublon, former CFO of JPMorgan Chase; Maria M. Klawe, president of Harvey Mudd College; David F. Marquardt, general partner at August Capital; Charles H. Noski, former vice chairman of Bank of America; and Helmut Panke, former chairman of the board of management at BMW.

Juan Carlos Perez covers enterprise communication/collaboration suites, operating systems, browsers and general technology breaking news for The IDG News Service. Follow Juan on Twitter at @JuanCPerezIDG.

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags Seagate Technologybusiness issuespersonnelMicrosoftsoftwareInvestor relationsbusiness managementgovernance

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Juan Carlos Perez

IDG News Service
Show Comments

Essentials

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?