By Erin McCarthy
Microsoft Corp. said Thursday that Stephen Luczo, chairman and
chief executive of Seagate Technology PLC, has stepped down from
the company's board of directors.
Mr. Luczo had been a member of the board since May 2012, and was
also a member of the search committee formed in August to choose
the successor to former chief executive Steve Ballmer, Microsoft
said in a statement.
Satya Nadella, the third chief executive officer in the
company's history, succeeded Mr. Ballmer on Feb. 4.
"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," Mr. Luczo said in a
statement.
Seagate, one of the best-known makers of disk drives, has seen
sales of personal computers that use its products contract lately.
In January, the company said its second-quarter profit fell 13% on
sliding revenue.
Write to Erin McCarthy at erin.mccarthy@wsj.com
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