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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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

RE: Comment by Kroc
by res0r9lm on Sat 24th Aug 2013 19:14 in reply to "Comment by Kroc"
res0r9lm Member since:
2013-08-13

Window should have focused more on improving their own products then trying to sabotage others. I don't know what is the deal is with attention about windows 8 have a backdoor its not like its something new for windows

Reply Parent Score: 1

RE: Comment by Kroc
by Nelson on Sat 24th Aug 2013 20:41 in reply to "Comment by Kroc"
Nelson Member since:
2005-11-29

Microsoft did not lose a billion dollars on Kin.

Microsoft also had many successes under Ballmer. Microsoft has 16 billion dollar businesses. That amount of cash flow has been very healthy for Microsoft.

Threading the needle that was transitioning Office to a subscription model is by itself a tremendous feat.

Reply Parent Score: 3