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  1. #1
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    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.
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  2. #2
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    His tenure has been as close to a disaster as it's possible for such a cash machine like MS to endure.

  3. #3
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    I dunno.. I'm going to miss his antics. He seemed happier when Bill was running the show, though.
    War is fought for silence. For, it is with silence, you will know that war has ended.

  4. #4
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    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 ]=-

  5. #5
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    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

  6. #6
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    There has to be a God now!

  7. #7
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    About damn time


  8. #8
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  10. #9
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    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.

  11. #10
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    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.

  12. #11
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    Yo gates I'll be your CEO and get $#@! done


  13. #12
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    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/

  14. #13
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    I heard about this months ago.

  15. #14
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    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

  16. #15
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    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
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  17. #16
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    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.

  18. #17
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    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/

    :/
    War is fought for silence. For, it is with silence, you will know that war has ended.

  19. #18
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    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.

  20. #19
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    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.

  21. #20
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    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


  22. #21
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    that video should be killed with fire!


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  24. #23
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    How much amphetamines was Ballmer on bck then?

    He must be on a massive comedown now, not surprising h is retiring.

  25. #24
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    Things change and things changes for the better... But what off MS now
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  26. #25
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    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.











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