Posted on Friday, surprised analysts and investors and sent stocks higher, reflecting the belief that the company will benefit from new leadership as it attempts to develop and pursue market smartphones. and tablets.
"Do not be the best time for this type of change. But now is the right time "Ballmer said in a statement.
Companies need a leader who can see through reorganization and a new strategy, he added. "My original idea was to have the time of my retirement occurs in the middle of the transformation of our company to the device and services company. We need a CEO who will be here in the long term for this new direction. ".
Ballmer, 57, who succeeded Bill Gates as CEO in 2000, will stay on until a successor was found. Gates, who is now the chairman of the committee that will be part of a small committee tasked with finding a successor. It will be chaired by John Thompson, Lead Independent Director of the Board and consider internal and external candidates.
"I will work closely with other members of the committee to identify a new CEO at the" Gates said. "We are fortunate to have Steve in his role until a new CEO will assume the duties these".
Equipment chief Julie Larson-Green was a candidate in the most obvious. However, many analysts claim that Microsoft plump for outsiders to shake things up.
Ballmer's travel tends to draw a line under Microsoft's origins and traditional tenure. He first met Gates in 1973 when they shared the Hall dormitory at Harvard University, he joined the company in 1980 to 30 employees of the company - after it had landed a contract to supply the system. IBM's operating and quickly rose to the position.
Under Ballmer successful product development companies, such as Windows XP and Xbox 360, it will be worth more than $ 78bn and employs over 100,000 people, it has a billion users and still be hugely profitable.
Over the past decade. The share price remained stable in contrast to the results of a meteor like Apple, Google and Amazon on the most valuable company in the world, Microsoft hemorrhaged more than half of their market value.
Critics accused Ballmer of a failure to anticipate the explosive growth in tablets and smartphones, and the reduction of the personal computer.
Some, though not all were appeased by a 22% jump in the stock price this year after the company started developing and selling computer tablet own style.
"Stocks are at a somewhat higher level now. So it is better to leave in the high notes than low "Vasudev Bhandarkar Caralta CEO of Silicon Valley-based corporation said.
"If you look at the revenue stream of the future does not hold good for the PC industry. Sales flat, revenue stream is under attack. Microsoft to integrate himself as well as it did in the Internet ".
Month Ballmer announced reforms sweeping focus more on hardware and the company nimbler, it seems to emulate Apple by dividing itself into functions, each dedicated to a single purpose, such as operating systems,. devices, apps and services.
Ballmer Steven Sinofsky shot to run Windows, and has been considered to be the heir to the crab.
This conclusion means that many CEOs will be in the near future, the company's sprawling campus in Redmond, Washington.
"That is why today's news is even more surprising after the success Ballmer such a big change for Microsoft. Unless his heirs or the like. One of Microsoft's vision he had to do another reorganization "TechCrunch noted.
Ballmer's personal wealth is estimated at $ 15.2bn, which is about 4% of Microsoft's stock. Born in Detroit, the son of the manager of Ford Motor Company, he studied applied mathematics and economics at Harvard, he worked for Proctor & Gamble, and after leaving school graduate Stanford business Microsoft to join.
Into emotionally difficult decision he wrote in a letter to employees.
"I take a step in the best interest of the company, I love this, it is on the outside of my family and close friends who matter to me most."
No comments:
Post a Comment