CEO Steve Ballmer Announces Retirement From Microsoft

Discussion in 'Android News' started by dgstorm, Aug 23, 2013.

  1. dgstorm

    dgstorm Editor in Chief
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    Even though this isn't exactly news related to this site, it is one of the biggest tech related stories of the day. This is especially true considering that Microsoft is one of the primary competitors in the mobile world.

    Microsoft's CEO Steve Ballmer rocked the tech world by dropping a bomb-shell on the media this morning. He announced his retirement from Microsoft. It will be effective within the next 12 months after they have found a replacement for him.

    Ballmer said, “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.”

    Steve Ballmer has been with Microsoft since Bill Gates hired him as a business manager in 1980. He became the CEO of Microsoft in 2000 when Bill Gates announced his retirement. Despite a string of recent financial misfires from Microsoft with slow Windows 8 adoption and the monstrous Surface RT failure, Ballmer was instrumental in spearheading Microsoft's entry into the gaming console business in 2001 with the first Xbox. He is also well know for his passion and enthusiasm and ability to inspire energy in his teams.

    Despite his departure, this will now be a time of opportunity for Microsoft. It will be exciting to see the person they find to replace him. Share your perspective on Steve Ballmer leaving Microsoft. Will it be a good thing, a bad thing or something in between?
     
    #1 dgstorm, Aug 23, 2013
    Last edited: Aug 23, 2013
  2. xeene

    xeene Gold Member

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    can blame him after the disaster that windows 8 was.
     
  3. jspradling7

    jspradling7 Active Member

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    They could get Steve Jobs... cheap. ;)

    (Was that completely uncalled for and in bad taste?)
     
  4. dgstorm

    dgstorm Editor in Chief
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    As an addendum to the story, here's the full letter from Ballmer to Microsoft,

     
  5. PereDroid

    PereDroid DF News Team Reporter

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    As an even better addendum:
    "And there was much rejoicing"...

    Microsoft's shares are up significantly in early trading on Friday following news of CEO Steve Ballmer's impending retirement.
    Microsoft's shares were up as much as 8 percent on Friday, landing at more than $35 per share before easing off a bit. As of this writing, Microsoft's shares are up more than 7 percent to $34.86.
     
  6. Hugh Jass

    Hugh Jass Senior Member

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    That's a kick in the nuts, eh? 30 years only to have a party thrown when you leave. =-P
     
  7. pc747

    pc747 Administrator
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    Yeah windows 8 as far as a cell phone os may not have penned out like they expected but you have to give the guy kudos for what he did in the gaming world. Xbox leaped pass Nintendo and in going toe to toe with Sony not bad for a company who is known for their os.
     
  8. Yellowhammer

    Yellowhammer Member

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    You can only blame Nintendo for their own irrelevance.
     
  9. add119

    add119 Senior Member

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    Good he kinda destroy microsoft. Bill gates should continue running it

    Cant wait for Moto X to be released!
     
  10. xeene

    xeene Gold Member

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    i feel like microsoft without gates is like apple without jobs. soon as their founders left, company went downhill.
     
  11. BOBD1950

    BOBD1950 Member

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    HE still "worked " there? :confused:


    I'm going to have to boot up my WIN8 PC more often.
     
  12. BOBD1950

    BOBD1950 Member

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    --------------------------------------------

    Agree..look what happened to Mork ..after Mindy split .

    AND not to mention Chrysler after OG LEE Iaccoca went into the Sunday Gravy business.