LinkedIn co-founder Reid Hoffman is leaving Microsoft's board after almost a decade

Key points

• Microsoft said Friday that LinkedIn co-founder Reid Hoffman is leaving the software company's board of directors after almost a decade.
• Hoffman, 58, informed the board of his decision not to run for reelection on Tuesday, Microsoft said in a filing.
• He will remain a director until Microsoft's annual meeting, which will be held at the end of the year.
• After starting LinkedIn in 2002 and turning it into the leading site for professionals to connect and for recruiters to find talent, Hoffman sold the company to Microsoft for $27 billion in 2016. He joined Microsoft's board early the next year.
• Hoffman was also among the donors to OpenAI when it launched in 2015 as a nonprofit.