Microsoft Adds Seagate’s CEO Stephen J. Luczo For Its Board, Expanding To 11 Members

Posted on May 4 2012 - 5:32am by Editorial Staff

Microsoft has announced that Stephen J. Luczo, chairman, president and CEO of Seagate Technology PLC, has been appointed to the company’s board of directors, bringing the board’s size to 11 members. Luczo, 55, has been a director of Seagate since 2000, and has served as president and CEO of Seagate since January 2009. Prior to joining Seagate, Luczo was senior managing director of the global technology group of Bear, Stearns & Co., Inc., an investment banking firm.

“Steve has deep technology and financial expertise, and we are delighted that he is joining Microsoft’s board of directors,” said Bill Gates, Microsoft chairman.

“As the leader of a global company with more than 50,000 employees, with deep insights into storage, hardware, data management, and finance, Steve will bring a wealth of experience to our board,” said Steve Ballmer, Microsoft chief executive officer.

In addition to Luczo, Microsoft’s board of directors consists of Bill Gates, Microsoft chairman; Steve Ballmer, Microsoft CEO; Dina Dublon, former chief financial officer of JPMorgan Chase; Raymond V. Gilmartin, former chairman, president and CEO of Merck & Co. Inc.; Reed Hastings, founder, chairman and CEO of Netflix Inc.; Dr. Maria M. Klawe, president, Harvey Mudd College; David F. Marquardt, general partner at August Capital; Charles H. Noski, vice chairman of Bank of America Corp.; Dr. Helmut G. W. Panke, former chairman of the board of management at BMW AG; and John W. Thompson, CEO of Virtual Instruments.

Microsoft also announced the following changes to board committees: John Thompson has joined the Compensation committee, replacing Reed Hastings. Stephen Luczo has joined the Audit committee.

Photo Credit: Robert Scoble via photopin cc

About the Author
Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.