Microsoft CEO Ballmer to retire within 12 months

Microsoft CEO Steve Ballmer arrives for the launch of Windows 8 operating system in New York in this file photoNEW YORK (Reuters) – Microsoft Corp Chief Executive Steve Ballmer unexpectedly announced his retirement on Friday, ending a controversial 13-year reign at the head of the world's largest software company and sending the company's shares up 7.1 percent. Ballmer, 57, took over from co-founder Bill Gates in January 2000, but his leadership was questioned throughout his tenure by Wall Street and Silicon Valley, as Microsoft's stock price floundered and the PC-centric pioneer was overtaken by Apple Inc and Google Inc in the shift toward mobile computing. …



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Posted by on Aug 23 2013. Filed under TECHNOLOGY. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.

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