Microsoft CEO Steve Ballmer to retire 'within 12 months'
Microsoft's board of directors has appointed a special committee, including chairman of the board Bill Gates, to direct the succession process.
"There is never a perfect time for this type of transition, but now is the right time," Ballmer said in a statement.
"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."
Steve Ballmer became Microsoft's 30th employee when he joined the firm in 1980.
In an internal e-mail sent to Microsoft employees, Ballmer said he felt that the company needed "a CEO who will be here longer term" in order to overlook its "transformation to a devices and services company".
Bill Gates said in a statement: "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. We're fortunate to have Steve in his role until the new CEO assumes these duties."
Posted:
Related Forum: PC General Forum
Source: http://www.computerandvideogames.com/426312/microsoft-ceo-steve-ballmer-to-retire-within-12-months/
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Comments
MortarPosted:
It is a shame as Ballmer was really good at what he did. Hopefully the successor will live up to the expectations, and hopefully do even better than Ballmer did.
MentalistPosted:
KatsumiImpossibility who will be the next ceo for microsoft?
It has not been decided on yet.
"Microsoft's board of directors has appointed a special committee, including chairman of the board Bill Gates, to direct the succession process."
I hope its a great man with great ideas, which probably wont happenn...
KatsumiPosted:
I-DA-KING How many people knew that Steve Ballmer was the CEO?
Not many... i would bet on most people hearing of it for the first time when they saw this news article.
KatsumiPosted:
BLUELIGHTING I'm guessing hes a millionaire from Microsoft software and programs like Skype!
Apparently his annual salary is around $1.35 Million so it's pretty safe to say he is a multi-millionaire
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