CEO Steve Ballmer Announces Retirement From Microsoft

Discussion in 'Android Tablet News' started by dgstorm, Aug 23, 2013.

  1. dgstorm

    dgstorm Editor in Chief Staff Member

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    Even though this isn't exactly news related to this site, it is one of the biggest tech related stories of the day. This is especially true considering that Microsoft is one of the primary competitors in the mobile world.

    Microsoft's CEO Steve Ballmer rocked the tech world by dropping a bomb-shell on the media this morning. He announced his retirement from Microsoft. It will be effective within the next 12 months after they have found a replacement for him.

    Ballmer said, “There is never a perfect time for this type of transition, but now is the right time. 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 has been with Microsoft since Bill Gates hired him as a business manager in 1980. He became the CEO of Microsoft in 2000 when Bill Gates announced his retirement. Despite a string of recent financial misfires from Microsoft with slow Windows 8 adoption and the monstrous Surface RT failure, Ballmer was instrumental in spearheading Microsoft's entry into the gaming console business in 2001 with the first Xbox. He is also well know for his passion and enthusiasm and ability to inspire energy in his teams.

    Despite his departure, this will now be a time of opportunity for Microsoft. It will be exciting to see the person they find to replace him. Share your perspective on Steve Ballmer leaving Microsoft. Will it be a good thing, a bad thing or something in between?
     
    Last edited: Aug 23, 2013
  2. dgstorm

    dgstorm Editor in Chief Staff Member

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    As an addendum to the story, here's the full letter from Ballmer to Microsoft,

     
  3. edap

    edap Senior Member

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    Microsoft shares ended the day down on Friday following news in the morning of the CEO's retirement.
    In recent years, Ballmer has been the target of critics over a variety of issues, including their dissatisfaction with the company's stock performance, Google's dominance in search advertising, the perception that Microsoft reacted late to cloud computing and its weak position in the tablet and smartphone OS markets.
    Some critics maintain that attempting to build a single OS for desktops, laptops and tablets was a strategic mistake because Microsoft has ended up instead with a product that isn't good enough for any of those devices. Apple's strategy, by contrast, has been to have Mac OS for its desktops and laptops, and iOS for the iPad, iPhone and iPod.
     
  4. loonamark

    loonamark Member

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    Great news after the Microsoft Surface flop
     
  5. edap

    edap Senior Member

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    According to tabtimes.com, it looks increasingly likely that Stephen Elop will replace Steve Ballmer as CEO of Microsoft, following the latter’s acquisition of Nokia’s phone business.



    Elop left Nokia to re-join Microsoft as Executive VP of Devices and Services following Microsoft’s deal to buy the handset business for $7.2 billion.
    The former Nokia chief executive remains the bookies’ favorite to replace Steve Ballmer, who retires in 12 months.


     

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