You win some, you sure as daylight lose some. The only question here is who has won and who could end up on the losing side, as Microsoft continues its transformation plan with another change.
This time the board is going through another adjustment — the headcount is back to 10.
According to this story over at ZDNet, Seagate Chairman and CEO Stephen Luczo has made his decision to leave Microsoft in order to focus more on his responsibilities at the hard disk manufacturer.
But wait, there is more on the matter.
Luczo is said to be the board member that wanted to see Satya Nadella take charge as the new CEO, and he not just agreed to his appointment, but was part of the special committee that was formed to find a replacement for former CEO Steve Ballmer.
So a pretty influential member, as far as board members go.
Microsoft confirmed the news via a press release that quotes Luczo as saying:
“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.”
The technology titan has no plans to replace Luczo, according to the abovementioned source, however, the company is open to appointing someone new sometime in the near future.
Redmond recently made official the appointment of ValueAct Capital Mason Morfit in the company’s board and the audit committee. This move was on the cards ever since the investment firm purchased a stake of $2 billion in the software giant.
More changes inbound, or will this be all, gentlemen?