Microsoft Corp. in an announcement today stated that CEO Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor.
In a prepared statement Ballmer said that “There is never a perfect time for this type of transition, but now is the right time,”
Bill Gates said that “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,” he added that “We’re fortunate to have Steve in his role until the new CEO assumes these duties.”
Photo credit: Some rights reserved by ehavir
No Responses to “Microsoft CEO Steve Ballmer to retire within 12 months”