Steve Ballmer steps down as board member at Microsoft-Read letter here

Steve Ballmer, previously the CEO of Microsoft, recently stepped down from the Microsoft board. Find the full letter detailing his decision below:

Dear Satya,

In reflecting on my retirement, your appointment as CEO, and my ongoing ownership of Microsoft stock, I’ve reached some key conclusions I wish to share. This is a timely discussion as the company prepares the proxy statement for the next shareholders’ meeting.

Despite its challenges, Microsoft has huge opportunities ahead due to our unique mix of software, cloud, and hardware skills. Our talent pool is formidable and our financial position allows us to invest in long-term opportunities while maintaining superior shorter-term performance. I’m looking forward to the company’s bold future.

In today’s mobile-first, cloud-first world, our approach must evolve. The journey will involve pivoting to derive income from enterprise subscriptions, hardware gross margins, and advertising revenues. This bold transition must be supported by both the management team and board to ensure the best performance from Microsoft.

Since my departure, I have filled my time with several engagements including the Clippers, civic contribution, teaching, and studies. I have full confidence in the mobile-first, cloud-first approach and look forward to the innovative platforms, productivity enhancements, device developments, and service creations we will drive. I plan to retain my substantial stock holdings for the foreseeable future.

Given these new commitments, it wouldn’t be practical for me to continue serving on the board. I have faith that Microsoft will continue to rise to great heights and I’ll continue to offer ideas and feedback as a proud shareholder.

All the very best,

Steve

In response, Satya Nadella thanked Steve for his support. He emphasized Microsoft’s solid foundation under Steve’s leadership and expressed confidence in Microsoft thriving in the mobile-first, cloud-first world. He declared his support for Steve’s decision and conveyed his wishes for success in his future undertakings. Satya also looked forward to partnering with Steve as a shareholder.

source: Microsoft

Light edits were made in 2025 to improve clarity and relevance.