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.

Permalink for comment 570554
To read all comments associated with this story, please click here.
Comment by Kroc
by Kroc on Sat 24th Aug 2013 07:15 UTC
Kroc
Member since:
2005-11-10

A Billion wasted on Kin should have released the guillotine already. It's shocking how badly mixed up the company's strategy is. Failed product after failed product. Still no tangible cohesiveness. With all Balmer's blustering, I don't think anybody in Microsoft even knows _what_ Microsoft is or supposed to be any more.

Reply Score: 2