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MS Balmer to retire within a year

Old 08-23-13, 08:48 AM
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MS Balmer to retire within a year

BALMER is retiring within a year and the stocks surge...lol. About time one of the worst CEO's decides to go. Maybe the new guy will turn things around


Microsoft says CEO Steve Ballmer will retire within 12 months. No successor named. Stock surges. PER CNN
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Old 08-23-13, 08:49 AM
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Re: MS Balmer to retire within a year

Like rats from a sinking ship...
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Old 08-23-13, 08:52 AM
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Re: MS Balmer to retire within a year

From an article I read today on this, "Ballmer inherited a Microsoft that had been driven into an antitrust quagmire by Mr. Gates, handicapping its ability to compete effectively or respond to new trends quickly."
That pretty much sums it up. Ballmer wasn't great, but he wasn't as terrible as people want him to be.
Also... who the hell is going to replace him at MS? There's no one that makes sense right now. It's going to be a tough year for whoever's making that call...

Also this thread should be in Tech, not VG, as it's about the entire company, not X1.
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Old 08-23-13, 08:53 AM
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Re: MS Balmer to retire within a year

No way Dan, it's all about the XBONE! MICROSOFT LOL!
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Old 08-23-13, 08:55 AM
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Re: MS Balmer to retire within a year

Originally Posted by Dan View Post
From an article I read today on this, "Ballmer inherited a Microsoft that had been driven into an antitrust quagmire by Mr. Gates, handicapping its ability to compete effectively or respond to new trends quickly."
That pretty much sums it up. Ballmer wasn't great, but he wasn't as terrible as people want him to be.
Also... who the hell is going to replace him at MS? There's no one that makes sense right now. It's going to be a tough year for whoever's making that call...

Also this thread should be in Tech, not VG, as it's about the entire company, not X1.

My bad Dan..maybe a mod can move it
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Old 08-23-13, 08:56 AM
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Re: MS Balmer to retire within a year

Originally Posted by chuckd21 View Post
No way Dan, it's all about the XBONE! MICRO$$$$$$OFT LOLZ! BBQ!
fixed for accuracy.


"Your Ballmer subscription will expire in 365 days. Please enter your product key to renew."
[OKAY] [NO, THANKS.]
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Old 08-23-13, 08:57 AM
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Re: MS Balmer to retire within a year

I think it's relevant in both forums...maybe should be folded into X1.
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Old 08-23-13, 08:59 AM
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Re: MS Balmer to retire within a year

MS could have let the nerd rage naturally flow into the Ben Affleck as Batman thing a little longer, but nooooooo. "Hey guys, look at us! You still hate us too remember! Come laugh at our latest thing!!"
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Old 08-23-13, 09:01 AM
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Re: MS Balmer to retire within a year

Originally Posted by chuckd21 View Post
MS could have let the nerd rage naturally flow into the Ben Affleck as Batman thing a little longer, but nooooooo. "Hey guys, look at us! You still hate us too remember! Come laugh at our latest thing!!"
Wait. What?

Ben Affleck is Batman???
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Old 08-23-13, 09:02 AM
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Re: MS Balmer to retire within a year

pfft. that news is SOOOO 4 hours ago.
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Old 08-23-13, 09:08 AM
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Re: MS Balmer to retire within a year

Kevin Smith's head is going to explode.

As for MS, I think they should bring Mattrick back just for my own personal amusement.
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Old 08-23-13, 09:09 AM
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Re: MS Balmer to retire within a year

I was going to suggest Sinofsky, just so we can watch the company burn to the ground within a month of Ballmer walking out the door.
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Old 08-23-13, 09:28 AM
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Re: MS Balmer to retire within a year

Actually, the head of the area where the Xbox is, was one of the early candidates to become the new CEO. Yeah, that lady.

If she can have a successful Xbox One launch, that may become true.
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Old 08-23-13, 10:09 AM
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Re: MS Balmer to retire within a year

Probably good news. They need somebody who can bring all assets under a single vision. They have a lot of pieces they can leverage together (phone, Xbox, software, tablet) but they all remain independt operators with little to no connection.
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Old 08-23-13, 10:39 AM
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Re: MS Balmer to retire within a year

I was wondering how this drew the attention of the usual suspects until I saw it was moved over from VG Talk. Ballmer has his issues, but he's also generally been successful at Microsoft and I don't think his leaving is symbolic of anything in particular. It will be interesting to see who takes over.
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Old 08-23-13, 01:00 PM
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Re: MS Balmer to retire within a year

Does this mean we can have our old Windows back and not have this metro shit forced on us?
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Old 08-23-13, 02:18 PM
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Re: MS Balmer to retire within a year

Originally Posted by fumanstan View Post
I was wondering how this drew the attention of the usual suspects until I saw it was moved over from VG Talk. Ballmer has his issues, but he's also generally been successful at Microsoft and I don't think his leaving is symbolic of anything in particular. It will be interesting to see who takes over.
Yeah, just check the stock the last 5 years.
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Old 08-23-13, 02:24 PM
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Re: MS Balmer to retire within a year

Originally Posted by Raul3 View Post
Yeah, just check the stock the last 5 years.
Sinking ship, bro!
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Old 08-23-13, 02:52 PM
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Re: MS Balmer to retire within a year

Originally Posted by Josh-da-man View Post
Does this mean we can have our old Windows back and not have this metro shit forced on us?
THIS!!!

Windows 8.2 with win7 start menu option coming Spring 2014!
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Old 08-23-13, 04:02 PM
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Re: MS Balmer to retire within a year

Random guesses about possible successors - http://www.theverge.com/2013/8/23/46...-microsoft-ceo

And Ballmer's biggest regret is Vista

http://www.theverge.com/2013/8/23/46...-windows-vista
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Old 08-23-13, 10:15 PM
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Re: MS Balmer to retire within a year

Since Steve Ballmer’s announcement this morning that he’s stepping down as CEO of Microsoft in the next 12 months, the company’s stock has popped more than 8%. Ballmer is Microsoft’s second-largest individual shareholder, with 333,252,990 shares, which means his $16 billion net worth just appreciated $625 million.
http://qz.com/118352/steve-ballmer-j...iring-himself/
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Old 02-04-14, 10:48 AM
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Re: MS Balmer to retire within a year

http://news.msn.com/us/microsoft-nam...a-its-next-ceo

Microsoft names Satya Nadella its next CEO

Spoiler:
Microsoft names Satya Nadella its next CEO
AP 1 hr ago | By Ryan Nakashima of Associated Press

REDMOND, Wash. — Microsoft has named Satya Nadella, an executive in charge of the company's small but growing business of delivering software and services over the Internet, as its new CEO. Company founder Bill Gates is leaving the chairman role for a new role as technology adviser.

The software company announced Tuesday that Nadella will replace Steve Ballmer, who said in August that he would leave the company within 12 months. Nadella will become only the third leader in the software giant's 38-year history, after Gates and Ballmer. Board member John Thompson will serve as Microsoft's new chairman.

Nadella, who is 46 and has worked at Microsoft for 22 years, has been an executive in some of the company's fastest-growing and most profitable businesses, including its Office and server and tools business.

For the past seven months, he was the executive vice president who led Microsoft's cloud computing offerings. That's a new area for Microsoft, which has traditionally focused on software installed on personal computers rather than on remote servers connected to the Internet. Nadella's group has been growing strongly, although it remains a small part of Microsoft's current business.

"Satya is a proven leader with hard-core engineering skills, business vision and the ability to bring people together," Gates said in a statement. "His vision for how technology will be used and experienced around the world is exactly what Microsoft needs as the company enters its next chapter of expanded product innovation and growth."

The company said that Gates, in his new role as founder and technology advisor, "will devote more time to the company, supporting Nadella in shaping technology and product direction."

Gates will also remain a member of Microsoft's board.

Analysts hope that Nadella can maintain the company's momentum in the rapidly expanding field of cloud computing while minimizing the negative impact from Microsoft's unprofitable forays into consumer hardware. Major rivals in cloud computing include Google Inc., Amazon.com Inc., Salesforce.com Inc. and IBM Corp.

Microsoft shares rose 32 cents to $36.80 in morning trading.

Nadella's appointment comes at a time of turmoil for Microsoft.

Founded in April 1975 by Gates and Paul Allen, the company has always made software that powered computers made by others — first with its MS-DOS system, then with Windows and its Office productivity suite starting in the late 1980s. Microsoft's coffers swelled as more individuals and businesses bought personal computers.

But Microsoft has been late adapting to developments in the technology industry. It allowed Google to dominate in online search and advertising, and it watched as iPhones, iPads and Android devices grew to siphon sales from the company's strengths in personal computers. Its attempt to manufacture its own devices has been littered with problems, from its quickly aborted Kin line of phones to its still-unprofitable line of Surface tablets.

Analysts see hope in some of the businesses Nadella had a key role in creating.

Microsoft's cloud computing offering, Azure, and its push to have consumers buy Office software as a $100-a-year Office 365 subscription are seen as the biggest drivers of Microsoft's growth in the next couple of years. Both businesses saw the number of customers more than double in the last three months of the year, compared with a year earlier.

Those businesses, along with other back-end offerings aimed at corporate customers, are the main reason why investment fund ValueAct Capital invested $1.6 billion in Microsoft shares last year.

Last April, the fund urged investors to ignore the declining PC market — which hurts Microsoft's Windows business — and to focus on the so-called "plumbing" that Microsoft provides to help companies analyze massive amounts of data and run applications essential to their businesses on Microsoft's servers or their own.

"Satya was really one of the people who helped build up the commercial muscle," said Kirk Materne, an analyst with Evercore Partners. "He has a great understanding of what's going on in the cloud and the importance of delivering more technology as a service."

Nadella is a technologist, fulfilling the requirement that Gates set out at the company's November shareholder meeting, where the Microsoft chairman said the company's new leader must have "a lot of comfort in leading a highly technical organization."

Born in Hyderabad, India in 1967, Nadella received a bachelor's degree in electrical engineering from Mangalore University, a master's degree in computer science from the University of Wisconsin, Milwaukee, and a master's of business administration from the University of Chicago.

He joined Microsoft in 1992 after being a member of the technology staff at Sun Microsystems.

One of his first tasks will be integrating Nokia's money-losing handset and services business. Microsoft agreed in September to buy that and various phone patent rights for $7.2 billion in one of Ballmer's last major acts as CEO. That deal is expected to be completed by the end of March.

Partly because of Nadella's insider status and the fact that both Gates and Ballmer will remain Microsoft's largest shareholders and for now, company directors, analysts aren't expecting a quick pivot in the strategy of making its own tablets and mobile devices.

Some hope, however, that he will make big changes that will help lift Microsoft stock, which has been stuck in the doldrums for more than a decade. Since Ballmer took office in Jan. 13, 2000, Microsoft shares are down a split-adjusted 32 percent, compared with a 20 percent gain in the S&P 500.

"We do not want to see a continuation of the existing direction for the business, so it will be important that Mr. Nadella be free to make changes," Nomura analyst Rick Sherlund wrote in a note Friday.

(Disclosure: Microsoft publishes MSN News.)

Last edited by davidh777; 02-04-14 at 04:05 PM.
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Old 02-04-14, 11:17 AM
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Re: MS Balmer to retire within a year

I remember rumors last year that win9 would be a cloud os, whatever that means. Too early to know what new guy will do.
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