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Microsoft CEO Steve Ballmer To Retire In Next 12 Months

Discussion in 'BlackHat Lounge' started by bertbaby, Aug 23, 2013.

  1. bertbaby

    bertbaby Elite Member

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    Steve Ballmer has been CEO of Microsoft since taking over from Bill Gates in January 2000, but his long tenure is drawing to a close.The tech giant said Friday that Ballmer has decided to retire within the next year, and the board has begun a process to find his successor.

    Ballmer, who has drawn criticism from investors for allowing rivals like Apple and Google to outrun Microsoft in mobile devices, is currently trying to transform Microsoft to focus on devices and services rather than just software."There is never a perfect time for this type of transition, but now is the right time," Ballmer said in the company's release.


    Gates, who will sit on the board search committee tasked with finding Ballmer's replacement, said Microsoft is "fortunate to have Steve in his role until the new CEO assumes these duties."


    Shares of Microsoft shot 8% higher in pre-market trading.

    About time! The revenge of Windows 8!
     
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    Last edited: Aug 23, 2013
  2. lanbo

    lanbo Jr. VIP Jr. VIP Premium Member

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    Wow he did a pretty good job while he was at Microsoft..
     
  3. bertbaby

    bertbaby Elite Member

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    Yeah that's why share shot up 8% after the announcement! :p
     
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  4. BuildMoreLinks

    BuildMoreLinks Jr. VIP Jr. VIP Premium Member

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    glad he is retiring, he really destroyed microsoft's fortunes a lot.
     
  5. bertbaby

    bertbaby Elite Member

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    Agreed, all Steve Ballmer was good for was forcing a reorg every two years with no goal in mind. He can take some credit for the data centers and XBox but he is clearly no visionary.
     
  6. bertbaby

    bertbaby Elite Member

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    Oh here's one more bland quote from Uncle Stevie:

    "Going forward, our strategy will focus on creating a family of devices and services for individuals and businesses that empower people around the globe at home, at work, and on the go, for the activities they value most," Ballmer said at the time.

    Or in other words imitate Apple!

    In fitting tribute Microsoft ought to announce the name of the next CEO with the next set of Microsoft patches!

    [​IMG]
     
    Last edited: Aug 23, 2013
  7. bertbaby

    bertbaby Elite Member

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    Amazing I guess nobody give a @#% about Microsoft anymore, says a lot about how the mighty have fallen! Watch out Google!
     
  8. ShadeDream

    ShadeDream Elite Member

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    He who laughs last, laughs longest.
    Thanks for reminding me about my interview. Almost forgot!
     
  9. coloredhatnew

    coloredhatnew Registered Member

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    Ballmer was more concerned with the PR of Microsoft where Gates was highly technical. That means under Gates Microsoft was cranking out products (great?) which had their place.
     
  10. bertbaby

    bertbaby Elite Member

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    One of the knocks against Ballmer was his backing of the infamous stack ranking system for employees or rank and yank at Microsoft. Supposedly, this system promotes a lot of negative behavior including project sabotage and employee refusals to work with other high flyers in the company.

    Anybody at BHW have any familiarity with stack ranking?