Microsoft CEO Steve Ballmer to retire 'within 12 months'

4.7
Microsoft has announced that long-serving CEO Steve Ballmer has decided to retire within the next 12 months, upon the appointment of a successor.

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."

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Related Forum: PC General Forum

Source: http://www.computerandvideogames.com/426312/microsoft-ceo-steve-ballmer-to-retire-within-12-months/

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"Microsoft CEO Steve Ballmer to retire 'within 12 months'" :: Login/Create an Account :: 72 comments

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BLUELIGHTINGPosted:

I'm guessing hes a millionaire from Microsoft software and programs like Skype!

WageringPosted:

im1048jack Assassin's Creed 4: You Become More Powerful with Ship Upgrading

When playing Assassins Creed 4: Black Flag, you will become more powerful with your ship upgrading. The ship is just like an extension of your character. At gamescom, the game content manager Carsten Myhill talked about all things nautical.

According to Myhill, when players first start the game, they will notice that the entire map is open to them: no need to sail the seas and dock in all ports for it to unlock.


gameguyz


Whoa buddy, what are you? A bot?

RabiesPosted:

Raci Haha wow somebody else is
About to become a multi millionaire


lol, yeah thats basically right.

KatsumiPosted:

TeamArianaGrande
generalhunter about time its like putting mr bean as ceo


You say that but yet his Net Worth is worth 15 Billion.


You may call him an idiot but he sure has more money then any of us are likely to make in our lifetime

IlIuminatiPosted:

im1048jack Assassin's Creed 4: You Become More Powerful with Ship Upgrading

When playing Assassins Creed 4: Black Flag, you will become more powerful with your ship upgrading. The ship is just like an extension of your character. At gamescom, the game content manager Carsten Myhill talked about all things nautical.

According to Myhill, when players first start the game, they will notice that the entire map is open to them: no need to sail the seas and dock in all ports for it to unlock.


gameguyz


What does this have to do with anything?
Also Steve will be missed by many

im1048jackPosted:

Assassin's Creed 4: You Become More Powerful with Ship Upgrading

When playing Assassins Creed 4: Black Flag, you will become more powerful with your ship upgrading. The ship is just like an extension of your character. At gamescom, the game content manager Carsten Myhill talked about all things nautical.

According to Myhill, when players first start the game, they will notice that the entire map is open to them: no need to sail the seas and dock in all ports for it to unlock.


gameguyz

RaciPosted:

Haha wow somebody else is
About to become a multi millionaire

BrosPosted:

-Retro retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement..

http://www.youtube.com/watch?v=8zEQhhaJsU4


LOL good post mate, made me laugh

~Bros

CinwaldPosted:

I was hoping I would be the first person who made a "Developers x3" joke but I guess that was very naive of me.

FibrilPosted:

-Retro retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement, retirement..

http://www.youtube.com/watch?v=8zEQhhaJsU4


Haha, gave me a good laugh. Out with the old, in with the new :)


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