Page 1 of 2 1 ... LastLast
Results 1 to 25 of 55

Hybrid View

  1. #1
    Elite Sage
    Mael Duin's Avatar
    Join Date
    Sep 2005
    Age
    29
    Posts
    10,743
    Rep Power
    110
    Points
    14,485 (0 Banked)
    Achievements IT'S OVER 9000!

    Steve Ballmer to retire within 12 months

    http://www.microsoft.com/en-us/news/...ncementPR.aspx

    REDMOND, Wash. — Aug. 23, 2013 — 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.”

    The Board of Directors has appointed a special committee to direct the process. This committee is chaired by John Thompson, the board’s lead independent director, and includes Chairman of the Board Bill Gates, Chairman of the Audit Committee Chuck Noski and Chairman of the Compensation Committee Steve Luczo. The special committee is working with Heidrick & Struggles International Inc., a leading executive recruiting firm, and will consider both external and internal candidates.

    “The board is committed to the effective transformation of Microsoft to a successful devices and services company,” Thompson said. “As this work continues, we are focused on selecting a new CEO to work with the company’s senior leadership team to chart the company’s course and execute on it in a highly competitive industry.”

    “As a member of the succession planning committee, I’ll work closely with the other members of the board to identify a great new CEO,” said Gates. “We’re fortunate to have Steve in his role until the new CEO assumes these duties.”

    Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
    Man who chase after bus get exhausted, man who run in front of bus get tired
    Man who masturbates in class has firm grip of subject at hand
    Woman who sink in man's arms soon have arms in man's sink

  2. #2
    Veteran
    Cyn's Avatar
    Join Date
    Feb 2008
    Age
    24
    Posts
    4,276
    Rep Power
    72
    Points
    11,593 (0 Banked)
    Items Battlefield 3ArsenalDark Souls
    His tenure has been as close to a disaster as it's possible for such a cash machine like MS to endure.

  3. #3
    Forum Sage
    MATRIX 2's Avatar
    Join Date
    Jul 2005
    Location
    D.C.
    Posts
    7,981
    Rep Power
    112
    Points
    42,781 (0 Banked)
    Quote Originally Posted by Cyn View Post
    His tenure has been as close to a disaster as it's possible for such a cash machine like MS to endure.
    Sure:

    http://www.engadget.com/2013/05/16/b...ichest-person/

  4. #4
    Forum Overseer
    Omar's Avatar
    Join Date
    May 2005
    Location
    Addison, TX.
    Age
    32
    Posts
    30,146
    Rep Power
    190
    Points
    102,261 (0 Banked)
    Achievements IT'S OVER 9000!
    Quote Originally Posted by MATRIX 2 View Post
    goes to show you that you don't have to be a genius to be a rich ass mofo in America. it truly is the land of opportunity.

    this is where he started from

  5. #5
    Forum Sage
    MATRIX 2's Avatar
    Join Date
    Jul 2005
    Location
    D.C.
    Posts
    7,981
    Rep Power
    112
    Points
    42,781 (0 Banked)
    Quote Originally Posted by Sufi View Post
    goes to show you that you don't have to be a genius to be a rich ass mofo in America. it truly is the land of opportunity.

    this is where he started from
    You read the part about how MSFT stock hit a 5 year high, that doesn't just happen by itself.

  6. #6
    Ultimate Veteran
    Lefein's Avatar
    Join Date
    Jun 2005
    Age
    33
    Posts
    22,962
    Rep Power
    193
    Points
    106,264 (0 Banked)
    Achievements IT'S OVER 9000!
    Quote Originally Posted by MATRIX 2 View Post
    You read the part about how MSFT stock hit a 5 year high, that doesn't just happen by itself.
    http://www.eteknix.com/microsoft-inv...xbox-division/

    :/

  7. #7
    Ultimate Veteran
    Lefein's Avatar
    Join Date
    Jun 2005
    Age
    33
    Posts
    22,962
    Rep Power
    193
    Points
    106,264 (0 Banked)
    Achievements IT'S OVER 9000!
    I dunno.. I'm going to miss his antics. He seemed happier when Bill was running the show, though.

  8. #8
    Veteran
    MonkeyClaw's Avatar
    Join Date
    Oct 2006
    Location
    Fort Worth, TX
    PSN ID
    Tha_MonkeyClaw
    Age
    39
    Posts
    4,808
    Rep Power
    94
    Points
    146,772 (0 Banked)
    Items Protect yourself
    It's about time! He has been running Microsoft into the ground ever since he took over...hopefully they will find a suitable replacement this time!

    -=[ PSN ID: Tha_MonkeyClaw ]=-

  9. #9
    Elite Sage
    Cuguy's Avatar
    Join Date
    Mar 2007
    PSN ID
    cuguy
    Age
    40
    Posts
    11,744
    Rep Power
    133
    Points
    3,394,444 (212,741 Banked)
    Items Joker (limited ICON)
    Achievements IT'S OVER 9000!

    MS's Ballmer is retiring

    Guessing it was a recommended retirement since MS is shaking up most of its higher ups.

    http://money.cnn.com/2013/08/23/technology/enterprise/microsoft-ballmer-retire/index.html?hpt=hp_t2



    Microsoft CEO Steve Ballmer announced Friday that he will retire within the next 12 months.

    Shares of Microsoft (MSFT, Fortune 500) soared 9% in premarket trading on the news.
    "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."



    Microsoft unveiled its latest reorganization a month ago, hoping to better align the company's organizational structure with its new corporate strategy. Ballmer said the transition to a "devices and services" company, focusing on making hardware, online services and apps that work together seamlessly across multiple screens and gadgets.
    Ballmer said he originally had planned to retire in the middle of the company's latest transition plan, but he felt the company needed a longer-term CEO who would be able to see Microsoft through its restructuring.
    Bill Gates, Microsoft's founder and chairman, will be involved in the hiring process.
    "I'll work closely with the other members of the board to identify a great new CEO," said Gates. "We're fortunate to have Steve in his role until the new CEO assumes these duties."
    Investors have been critical of Ballmer for failing to anticipate the mobile computing revolution. Microsoft trails Apple (AAPL, Fortune 500) and Google (GOOG, Fortune 500)in the world of mobile software and devices. And despite a search partnership withYahoo (YHOO, Fortune 500), Microsoft still has been unable to generate profits from its online division under Ballmer
    Last edited by F34R; 08-23-2013 at 15:22. Reason: merged

  10. #10
    Forum Overseer
    Omar's Avatar
    Join Date
    May 2005
    Location
    Addison, TX.
    Age
    32
    Posts
    30,146
    Rep Power
    190
    Points
    102,261 (0 Banked)
    Achievements IT'S OVER 9000!
    There has to be a God now!

  11. #11
    Forum Sage
    Agriel's Avatar
    Join Date
    Mar 2007
    PSN ID
    Agriel
    Age
    35
    Posts
    9,377
    Rep Power
    95
    Points
    13,987 (0 Banked)
    Items PS3 Slim LogoRaidenNoctisFinal Fantasy XI OnlineFinal Fantasy Versus XIIINaughty Dog
    Achievements IT'S OVER 9000!
    About damn time


  12. #12
    Supreme Veteran
    keefy's Avatar
    Join Date
    Nov 2007
    Location
    The Sock Gap
    Posts
    17,541
    Rep Power
    126
    Points
    58,150 (0 Banked)
    Items Gran Turismo 5Michelle MarshDoomid SoftwareCommodore 64Metal Gear Solid
    Achievements IT'S OVER 9000!

  13. #13
    Master Guru
    Silvy's Avatar
    Join Date
    Sep 2010
    Location
    North Carolina
    Age
    21
    Posts
    7,099
    Rep Power
    78
    Points
    27,328 (31,233 Banked)
    Items Protect yourselfUser name style

    Remember that i'm going to die is the best way I know to avoid trap of thinking you have something to lose, you're already naked, there's no reason not to follow your heart.

  14. #14
    Dedicated Member
    Demi_God's Avatar
    Join Date
    Jul 2013
    Location
    Icy hot of the north
    PSN ID
    Kamikaze_Krunch
    Posts
    1,426
    Rep Power
    16
    Points
    7,913 (0 Banked)
    Items User name style
    They are most likely forcing him to retire lol. Steve Ballmer sure knows how to piss people off and it wasn't getting any better.

  15. #15
    Stockholm Syndrome
    Sylar's Avatar
    Join Date
    Aug 2008
    Location
    UK
    PSN ID
    Spikey456
    Age
    24
    Posts
    8,778
    Rep Power
    96
    Points
    138,613 (0 Banked)
    Items LuluFangLightningOlivia WildeLucy PinderMichelle MarshVita360 SlimPS3 Fat
    Yo gates I'll be your CEO and get $#@! done

  16. #16
    Forum Sage
    Sub-stance1's Avatar
    Join Date
    May 2008
    Posts
    9,766
    Rep Power
    76
    Points
    58,367 (0 Banked)
    Items BarcelonaPS3 Slim360 Slim
    Achievements IT'S OVER 9000!
    I heard about this months ago.

  17. #17
    Ultimate Veteran
    Lefein's Avatar
    Join Date
    Jun 2005
    Age
    33
    Posts
    22,962
    Rep Power
    193
    Points
    106,264 (0 Banked)
    Achievements IT'S OVER 9000!
    There has been a lot of unrest about his tenure as CEO of MS.. One article, some analysts are speculating, was the the straw that broke the camels back.
    http://www.thestreet.com/story/12017...icon-here.html

  18. #18
    Forum Overseer
    Omar's Avatar
    Join Date
    May 2005
    Location
    Addison, TX.
    Age
    32
    Posts
    30,146
    Rep Power
    190
    Points
    102,261 (0 Banked)
    Achievements IT'S OVER 9000!
    and that 5 year high is because of steve ballmer how? this fool believed that desktops would still be relevant just a couple or so years ago. he's freaking delusional! i seriously think he is not mentally stable.

  19. #19
    Forum Sage
    MATRIX 2's Avatar
    Join Date
    Jul 2005
    Location
    D.C.
    Posts
    7,981
    Rep Power
    112
    Points
    42,781 (0 Banked)
    Quote Originally Posted by Sufi View Post
    and that 5 year high is because of steve ballmer how? this fool believed that desktops would still be relevant just a couple or so years ago. he's freaking delusional! i seriously think he is not mentally stable.
    Ok bro, it just happened by itself. And it takes absolutely no skill at all to do what ballmer does, even a caveman could do it.

  20. #20
    Forum Overseer
    Omar's Avatar
    Join Date
    May 2005
    Location
    Addison, TX.
    Age
    32
    Posts
    30,146
    Rep Power
    190
    Points
    102,261 (0 Banked)
    Achievements IT'S OVER 9000!
    Quote Originally Posted by MATRIX 2 View Post
    Ok bro, it just happened by itself. And it takes absolutely no skill at all to do what ballmer does, even a caveman could do it.
    ... yes


  21. #21
    Forum Sage
    MATRIX 2's Avatar
    Join Date
    Jul 2005
    Location
    D.C.
    Posts
    7,981
    Rep Power
    112
    Points
    42,781 (0 Banked)
    Quote Originally Posted by Sufi View Post
    ... yes


  22. #22
    Stockholm Syndrome
    Sylar's Avatar
    Join Date
    Aug 2008
    Location
    UK
    PSN ID
    Spikey456
    Age
    24
    Posts
    8,778
    Rep Power
    96
    Points
    138,613 (0 Banked)
    Items LuluFangLightningOlivia WildeLucy PinderMichelle MarshVita360 SlimPS3 Fat
    Got a feeling this thread would be better off closed

  23. #23
    Administrator and PSU Technical Manager
    Christopher's Avatar
    Join Date
    Jun 2007
    Location
    Warner Robins, GA
    Age
    43
    Posts
    8,240
    Rep Power
    108
    Points
    67,045 (1,010 Banked)
    Items Death Note LAtlusVitaPS3 FatMetal Gear Solid 4Naughty Dog360 SlimGuerrilla GamesApple
    Quote Originally Posted by MATRIX 2 View Post
    Ok bro, it just happened by itself. And it takes absolutely no skill at all to do what ballmer does, even a caveman could do it.
    I think Ballmer is proof that a caveman CAN'T do it.
    My avatar* is dedicated to server errors where ever they roam. May they never return.
    *censoring provided by Ghost

    Server Error Status Thread







  24. #24
    Forum Sage
    MATRIX 2's Avatar
    Join Date
    Jul 2005
    Location
    D.C.
    Posts
    7,981
    Rep Power
    112
    Points
    42,781 (0 Banked)
    Quote Originally Posted by LeisureSuitLarry View Post
    I think Ballmer is proof that a caveman CAN'T do it.
    Oh my god, you're so funny. Did you come up with that yourself?

  25. #25
    Administrator and PSU Technical Manager
    Christopher's Avatar
    Join Date
    Jun 2007
    Location
    Warner Robins, GA
    Age
    43
    Posts
    8,240
    Rep Power
    108
    Points
    67,045 (1,010 Banked)
    Items Death Note LAtlusVitaPS3 FatMetal Gear Solid 4Naughty Dog360 SlimGuerrilla GamesApple
    Quote Originally Posted by MATRIX 2 View Post
    Oh my god, you're so funny. Did you come up with that yourself?
    Geez...kidding around pal. Lighten up
    My avatar* is dedicated to server errors where ever they roam. May they never return.
    *censoring provided by Ghost

    Server Error Status Thread







Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
vBCredits II Deluxe v2.1.0 (Pro) - vBulletin Mods & Addons Copyright © 2010-2014 DragonByte Technologies Ltd.