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Old Aug 23, 2013, 10:05 AM   #1
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Microsoft CEO Steve Ballmer to Retire 'Within 12 Months'




Microsoft has issued a press release stating that its CEO, Steve Ballmer, will retire "within the next 12 months", remaining in his position until a suitable successor is found. The precise reasons for Ballmer's departure were not given, though he was quoted as saying:
Quote:
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.
The stock market reacted positively to the news, with Microsoft's share price opening 8% higher than the previous day's closing.

(Image courtesy of Mashable)
Ballmer joined Microsoft in June 1980 and became the company's 35th employee, having been a business manager recruited by Bill Gates, the former chief executive and chairman of the company. Ballmer was named CEO in January 2000, and throughout his tenure was responsible for some key changes in Microsoft as a company, including the shift towards cloud computing, key business acquisitions such as that of Skype in May 2011 and the release of Microsoft's first consumer tablet device, the Surface, back in June 2012.

However, Ballmer's tenure has not been without criticism. Microsoft's share price has remained fairly stagnant under his leadership and the disappointing sales of the Surface*have further sprinkled salt into the wound. He was also criticized concerning his remarks about Apple*at a press conference back in 2009, where he described the company's products as, "$500 more to get a logo".

Microsoft's Board of Directors has appointed a special committee to direct the process of replacing Ballmer as CEO. The committee, which includes Bill Gates as one of its members, will be working with an executive recruiting firm, Heidrick & Struggles, to find a replacement. The press release also stated that Microsoft, "will consider both external and internal candidates", although no official job announcement has been made as of yet.

Article Link: Microsoft CEO Steve Ballmer to Retire 'Within 12 Months'
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Old Aug 23, 2013, 10:06 AM   #2
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Yes.
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Old Aug 23, 2013, 10:08 AM   #3
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Can't believe he hasn't been fired many times over, personally.
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Old Aug 23, 2013, 10:09 AM   #4
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Damn maybe microsoft will become a powerhouse again.
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Old Aug 23, 2013, 10:09 AM   #5
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Way overdue!
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Old Aug 23, 2013, 10:10 AM   #6
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But seriously, I think he gets a lot of bad wrap, despite having diversified Microsoft so that they're not reliant upon any one area. Even if the consumer side tanks they're still in a strong position. That said, he has not helped with his constant 'predictions' regarding pretty much every new piece of tech.
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Old Aug 23, 2013, 10:11 AM   #7
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I had the misfortune of working with him once a few years back, happy to see the back of him really.
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Old Aug 23, 2013, 10:12 AM   #8
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I can't believe in all his years managing Microsoft he didn't change the photos icon to the one on the right.

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Old Aug 23, 2013, 10:12 AM   #9
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Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers Developers
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I got four words for ya: I LOVE THIS COMPANY YEAH
Glad to see him go. He should apply at a circus. He would make a great clown.
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Old Aug 23, 2013, 10:13 AM   #10
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Steve would have never allowed that.

See what I did there?
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Old Aug 23, 2013, 10:14 AM   #11
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"Ballmer was named CEO in January 2000..."

Steve Jobs accomplished probably 500 times more in pretty much the same amount of time that Ballmer was CEO.

Ballmer blasting aside, this is Microsoft's chance to finally step in the right rhythm for once. It could be game changing if they hire the right person. But then again, Microsoft seems to always have some sort of cloud over their head...
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Old Aug 23, 2013, 10:16 AM   #12
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Best news I've heard all week!
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Old Aug 23, 2013, 10:22 AM   #13
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I actually feel a little empathy for the guy. Both him and Cook are humans that were sent to fill the shoes of Titans.

It is a tough row to hoe, but the pay is great.
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Old Aug 23, 2013, 10:22 AM   #14
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Steve Ballmer is Retiring?!?!?

Steve Ballmer is Retiring?!?!?

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Old Aug 23, 2013, 10:22 AM   #15
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Steve Ballmer's full 'farewell' letter to Microsoft staff http://www.phonearena.com/news/Steve...-staff_id46705
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Old Aug 23, 2013, 10:23 AM   #16
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Good riddance. Keep in touch on your kin motha f....
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Old Aug 23, 2013, 10:23 AM   #17
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I logged in just to upvote.
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Old Aug 23, 2013, 10:24 AM   #18
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Damn I hate that guy
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Old Aug 23, 2013, 10:24 AM   #19
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Quote:
Originally Posted by MattJessop View Post
Image

I think he gets a lot of bad wrap, despite having diversified Microsoft so that they're not reliant upon any one area.
He gets the bad rap for a reason.

About 50% of revenue still comes from Office and Windows. The revenue for Windows is decreasing as they flubbed Windows 8. The consumer revenue for Office also decreased 27% in just the last quarter... and Microsoft is projecting both Windows and Office revenues to keep going down.

Obviously, though, his biggest mistakes were in the mobile arena. Microsoft has all but lost in mobile, and Balmer's complacence cost them tremendously.
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Old Aug 23, 2013, 10:24 AM   #20
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Yup, Windows 8 and Surface moved mountains. Ciao!
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Old Aug 23, 2013, 10:25 AM   #21
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Quote:
Originally Posted by bb426 View Post
"Ballmer was named CEO in January 2000..."

Steve Jobs accomplished probably 500 times more in pretty much the same amount of time that Ballmer was CEO.

Ballmer blasting aside, this is Microsoft's chance to finally step in the right rhythm for once. It could be game changing if they hire the right person. But then again, Microsoft seems to always have some sort of cloud over their head...
Microsoft should spin off Xbox and focus on enterprise and cloud. Their structure now is a mixture of horizontal and vertical. I don't see how getting in to hardware with tablets (and possibly phones) makes sense. Microsoft is a software company. That is what they should be focused on.
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Old Aug 23, 2013, 10:25 AM   #22
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oh no!
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Old Aug 23, 2013, 10:26 AM   #23
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Quote:
Originally Posted by bb426 View Post
"Ballmer was named CEO in January 2000..."

Steve Jobs accomplished probably 500 times more in pretty much the same amount of time that Ballmer was CEO.

Ballmer blasting aside, this is Microsoft's chance to finally step in the right rhythm for once. It could be game changing if they hire the right person. But then again, Microsoft seems to always have some sort of cloud over their head...
Ballmer consistently made the profits increase and MS is a much broader company than Apple (Server, Azure etc.). Although Ballmer might look like a clown, Jobs didn't accomplished 500 times more. I don't get the random bashing.
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Old Aug 23, 2013, 10:27 AM   #24
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Originally Posted by LordMaximus View Post
Steve Ballmer is Retiring?!?!?

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That man is either a: carrying way too much stress or b: done WAY too much coke!

Likely both..
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Old Aug 23, 2013, 10:27 AM   #25
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To be fair, his comments were more inclusive than that. While he did blast the lack of a keyboard, he also blasted the unsubsidized price which did turn out to not be the best approach, and Apple rectified that with the iPhone 3G.
What I took away from that interview was that, he expected the iPhone to be a flop due to the lack of keyboard, and in his opinion, not designed with business in mind as well as the high price. As we saw, Apple did adjust the price within 6 months or so and it became a hit.

Ballmer, IMO, though it's not his style, should have taken a more conservative, humble approach to the new product and go for a wait and see approach in his commentary and talk about more about what Microsoft was doing and going to do.

I don't care a lot for companies bashing the other guy's stuff in order to make theirs look better. I prefer a company to tell me what their stuff does and why they think it's the best.
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