Microsoft Director Stephen Luczo Steps Down

(RTTNews) - Microsoft Corp. (MSFT) Thursday said director Stephen Luczo has stepped down from board.

Luczo, who is the Chairman and Chief Executive Officer of Seagate Technology plc. (STX), had joined Microsoft's board in May 2012. He was a member of the search committee that selected new Microsoft CEO Satya Nadella as the successor for Steve Ballmer.

"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.

"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. Seagate and Microsoft have a long history of working together, and I look forward to continued collaboration and partnership under Satya's leadership," Luczo added.