Microsoft CEO Steve Ballmer to Retire Within 12 Months

Stefan Mileschin · 25th August 2013, 08:01

Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most.

"There is never a perfect time for this type of transition, but now is the right time," Ballmer said. "We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of our company's transformation to a devices and services company. We need a CEO who will be here longer term for this new direction."

http://www.techpowerup.com/189504/mi...12-months.html

25th August 2013, 08:01	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,514	Microsoft CEO Steve Ballmer to Retire Within 12 Months Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most. "There is never a perfect time for this type of transition, but now is the right time," Ballmer said. "We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of our company's transformation to a devices and services company. We need a CEO who will be here longer term for this new direction." http://www.techpowerup.com/189504/mi...12-months.html

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Steve Ballmer: Microsoft built ‘a few’ too many Surface tablets	Stefan Mileschin	WebNews	0	29th July 2013 10:00
Microsoft Should End The Steve Ballmer Experiment	Stefan Mileschin	WebNews	0	23rd July 2013 07:55
Steve Ballmer calls Dropbox 'a fine little startup'	Stefan Mileschin	WebNews	0	31st January 2013 08:54
Microsoft's Steve Ballmer attacks Apple and Android	Stefan Mileschin	WebNews	0	16th November 2012 08:58
Steve Ballmer Delivers Microsoft's Final CES Keynote	Stefan Mileschin	WebNews	0	11th January 2012 09:00
Microsoft's Steve Ballmer says '400 million Windows 7 licenses sold'	jmke	WebNews	0	12th July 2011 16:15
Steve Ballmer says it's okay to skip Vista	jmke	WebNews	1	20th October 2008 08:34
Steve Ballmer email to Microsoft Employees	jmke	WebNews	0	25th July 2008 15:19
Microsoft CEO Steve Ballmer reflects on Windows Vista	jmke	WebNews	0	18th April 2008 19:28
Cebit Opening Speech by Steve Ballmer	jmke	WebNews	0	3rd March 2008 20:26