Ballmer steps down from Microsoft's board

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Six months after stepping down as CEO, Steve Ballmer has resigned from Microsoft's (MSFT -0.1%) board.

Ballmer: "In the six months since leaving, I have become very busy. I see a combination of the Clippers, civic contribution, teaching and study taking a lot of time ... I hold more Microsoft shares than anyone other than index funds and love the mix of profits, investments and dividends returned in our stock. I expect to continue holding that position for the foreseeable future."

The announcement comes a day after Ballmer made a headline-grabbing debut as the owner of the Los Angeles Clippers, replete with the on-stage theatrics Microsoft employees know all too well.

Microsoft shares are up 42% since Ballmer announced a year ago he would be resigning as CEO.