NEWS - Friday, August 23, 2013


Microsoft CEO Steve Ballmer to retire within 12 months

REDMOND, Wash. Aug.23, 2013 — Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most.

“There is never a perfect time for this type of transition, but now is the right time,” Ballmer said. “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 Board of Directors has appointed a special committee to direct the process. This committee is chaired by John Thompson, the board’s lead independent director, and includes Chairman of the Board Bill Gates, Chairman of the Audit Committee Chuck Noski and Chairman of the Compensation Committee Steve Luczo. The special committee is working with Heidrick & Struggles International Inc., a leading executive recruiting firm, and will consider both external and internal candidates.

“The board is committed to the effective transformation of Microsoft to a successful devices and services company,” Thompson said. “As this work continues, we are focused on selecting a new CEO to work with the company’s senior leadership team to chart the company’s course and execute on it in a highly competitive industry.”

“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,” said Gates. “We’re fortunate to have Steve in his role until the new CEO assumes these duties.”


Source: http://www.microsoft.com

Comments

Site Statistics

Registered Members: 44,543
Forum Posts: 725,778
Xbox One Titles: 1,215
Xbox 360 Titles: 1,085
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 585
Original Xbox Titles: 987
Staff Reviews: 1,689
Member Reviews: 10,339
News Articles: 14,361
Screenshots: 31,108
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News








See News Archives

Community Forum Activity

Xbox One S Jojeux Anniversaire
Post by oryanphine
1 Replies, 60 Views

Xbox One X Steelbook
Post by oryanphine
1 Replies, 83 Views

Xbox Playdates Canada April 2018 Schedule
Post by Kiesey
3 Replies, 271 Views

Xbox One X World of tanks
Post by oryanphine
2 Replies, 572 Views

Xbox Playdates Canada - March 2018 Schedule
Post by Kiesey
7 Replies, 722 Views

Any info on Biomutant release?
Post by DJ tx
4 Replies, 676 Views

Xbox Playdates Canada - February Playdates Schedule
Post by Kiesey
8 Replies, 910 Views

Xbox Prototype Communicator
Post by oryanphine
1 Replies, 1112 Views

Xbox One S Dragon Ball Fighterz
Post by oryanphine
0 Replies, 766 Views

Xbox One S Theme Hockey
Post by oryanphine
0 Replies, 626 Views

New Fable is coming!
Post by Shadow20002
2 Replies, 920 Views

RPG Recommendation?
Post by DJ tx
8 Replies, 1002 Views

Xbox Playdates Canada - January 2018 Schedule
Post by Kiesey
5 Replies, 1114 Views

Xbox 360 Summer Intern Celebration 2011
Post by oryanphine
1 Replies, 1297 Views

Xbox One X LA noire
Post by oryanphine
1 Replies, 1640 Views

© 2000-2018 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics