Finally there is positive news for MSFT. After years of sputtering along they finally have the chance to turn their business around, Steve Ballmer is finally retiring!!
Ballmer made his intentions know on August 23, 2013. A search committee headed by Microsoft board member John Thompson is working on finding a successor.
Ballmer is going to remain CEO until his successor is appointed, a company spokesperson confirmed.
“There is never a perfect time for this type of transition, but now is the right time,” Ballmer is quoted as saying in a press release. “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.”
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