Linked by Thom Holwerda on Fri 23rd Aug 2013 13:12 UTC
Microsoft

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.”

This was long overdue. Microsoft needs fresh blood at the top - not a salesman, but a visionary.

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RE[2]: best news ever
by Bill Shooter of Bul on Fri 23rd Aug 2013 21:27 UTC in reply to "RE: best news ever"
Bill Shooter of Bul
Member since:
2006-07-14

I'd like to see the figures for the revenue streams before and after he took off. He's getting killed online because of two factors: revenue growth and consumer facing products. Investors are upset that revenues haven't grown at the same rate they did in the Gates era and they were over taken by their rival Apple in new markets. Consumers don't like him because he hasn't really given them good products other than the xbox under his tenure.

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