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  • Microsoft Boss Steve Ballmer Announces Retirement


    Chief Executive Officer Steve Ballmer has announced plans to retire from Redmond, Washington-based Microsoft.

    After more than a decade at the helm of one of the world's largest and most respected companies, Ballmer says the time to step down has finally come. He is expected to leave within the next twelve months, although an exact date hasn't been announced.

    Unfortunately for Microsoft, there's is no obvious #2 to step into the role being voided by Mr. Ballmer. Unlike Apple, for example, where Tim Cook was the clear successor to Steve Jobs, Microsoft must now begin the process of finding and grooming a replacement.

    The fact that there isn't a clear second-in-command ready to pacify investors with his or her ascension to the big chair is likely why Ballmer's retirement will be drawn out over a twelve-month period.

    According to AdAge, Microsoft's lead independent director, John Thompson, will lead the search for his successor. Thompson will head a search committee that will reportedly include no shortage of heavyweights, including Microsoft co-founder Bill Gates.

    "There is never a perfect time for this type of transition, but now is the right time," Ballmer announced to Microsoft employees in a written note. "My original thoughts on timing would have had my retirement happen in the middle of our transformation to a devices and services company focused on empowering customers in the activities they value most. We need a CEO who will be here longer term for this new direction."

    Shares of Microsoft actually rose on Wall Street after the Ballmer news was announced today.

    Source: AdAge
    This article was originally published in forum thread: Microsoft Boss Steve Ballmer Announces Retirement started by Michael Essany View original post
    Comments 17 Comments
    1. csglinux's Avatar
      csglinux -
      I'm not surprised to see Microsoft's stock price rise on this announcement. This guy is a clown, not a CEO. This is a definite positive for Microsoft.
    1. ttiger's Avatar
      ttiger -
      Not too early!
    1. turdsmoka's Avatar
      turdsmoka -
      Microsoft Surface.
    1. Zokunei's Avatar
      Zokunei -
      Quote Originally Posted by ttiger View Post
      Not too early!
      He's certainly done enough damage already.
    1. cmwade77's Avatar
      cmwade77 -
      Is it too little, too late? Really, I think Microsoft is on a downward spiral at the moment, the only question is will this allow them to pull back up out of it and salvage the company?
    1. tridley68's Avatar
      tridley68 -
      Quote Originally Posted by Zokunei View Post
      He's certainly done enough damage already.
      Microsoft Office 2013 suks the big one nothing but problems and their tech support has no clue when you contact them my whole office is F@#$%^ right now we should have stayed on office 2010!
    1. bigboyz's Avatar
      bigboyz -
      Salvage..downward spiral? Last I checked they still are a very profitable company. They have made billions of dollars and can afford to make a few mistakes here and there. Most companies would have already closed there doors with some of the mess ups that MS has produced (Windows phone, Surface) But because of their early successes they are still here and relevant. I am not a huge MS fan at all but lets give credit where it is due. They need some "young blood" in there that is in touch with the technological pulse of NOW. MS has been a day late and a dollar short for sometime now. Apple has taken full advantage and i'm sure they will continue to do so.
    1. Jahooba's Avatar
      Jahooba -
      R.I.P. Ballmer. A fine rest, indeed, considering the mountain of money he's made.
    1. thazsar's Avatar
      thazsar -
      They'll prolly offer the job to Tim Cook!
    1. steve-z17's Avatar
      steve-z17 -
      Great decision, best one he's made since becoming CEO!
    1. Perceptum's Avatar
      Perceptum -
      Quote Originally Posted by tridley68 View Post
      Microsoft Office 2013 suks the big one nothing but problems and their tech support has no clue when you contact them my whole office is F@#$%^ right now we should have stayed on office 2010!
      Office 2013 runs great. I haven't had any problems.

      Quote Originally Posted by steve-z17 View Post
      Great decision, best one he's made since becoming CEO!
      I guess you never use Exchange, SQL, or Windows Servers. Their corporate software is industry standard. Even Apple uses Azure for their iCloud products.
    1. buggsy2's Avatar
      buggsy2 -
      MS is profitable but they're like USA car companies which survived only by huge fleet sales to government and car rental companies. Office, for instance, has had only cosmetic changes for at least 10 years...the same problems and bugs remain for years.

      MS's desktop products stagnated under Ballmer and most of their initiatives were failures, with a few remarkable exceptions. Whoever was responsible for Xbox or Kinect should be a strong candidate for Top Dog, but given it's MS, they'll screw that up too.

      Quote Originally Posted by tridley68 View Post
      we should have stayed on office 2010!
      Or Office 2003, whichever was just before the pointless Ribbon.
    1. Silvio6's Avatar
      Silvio6 -
      Tim Cook will step in and both companies will merge.
    1. *T*'s Avatar
      *T* -
      Quote Originally Posted by buggsy2 View Post
      Or Office 2003, whichever was just before the pointless Ribbon.
      Office 2003 still had the paperclip guy, that's a no-go.

      Anyone that thinks Gates is getting back in the game has lost their marbles. Seriously? The guy is richer than swiss chocolate and Microsoft is a sinking ship anyway.
    1. yohomie's Avatar
      yohomie -
      Anyone remember this one from the good ole' Ballmer?

      Ballmer Laughs at iPhone - YouTube
    1. exNavy's Avatar
      exNavy -
      Quote Originally Posted by Silvio6 View Post
      Tim Cook will step in and both companies will merge.
      Micropple

      AppleSoft
    1. spectrum's Avatar
      spectrum -
      No companies are the same after guys like Bill Gates or Steve Jobs steps down. In the case of MS putting guys like this in charge only emphasizes that.