Microsoft announced today that Stephen J. Luczo, chairman and CEO of Seagate Technology PLC, has stepped down from the company’s board of directors. “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. “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.” “Steve has been an excellent board member, and I particularly appreciate all of his hard work as a member of the CEO search committee,” said John W. Thompson, chairman of the Microsoft board. “Steve also played an important role in helping to craft a compensation plan that tightly links CEO pay to shareholder returns, as chair of the compensation committee.” “Steve brought thoughtful industry insights and...

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