Tech Job Watch May 26 2011

Microsoft Board Member: Ballmer Still Has Board Support

By finswire team

A member of the Microsoft Corp. board of directors said that the software giant's chief executive, Steve Ballmer, still has the board's support, CNBC reported Thursday. The board member was not named in the report.

On Wednesday, Greenlight Capital hedge fund manager and Microsoft investor David Einhorn said it was time for Ballmer to step aside as CEO.

"His continued presence is the biggest overhang on Microsoft stock," Einhorn said at the Ira Sohn investment conference, according to a Wednesday report on the Wall Street Journal's Deal Journal blog.

The Microsoft board's next meeting is scheduled for mid-June.

Related: David Einhorn Loves Microsoft, Hates Steve Ballmer

This story originally appeared on Dow Jones Newswires.

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