Microsoft CEO Steve Ballmer Retiring within 12 Months

Microsoft CEO Steve Ballmer Retiring within Next Year(Ping! Zine Web Tech Magazine) – After thirteen years of helming the world’s largest software company, CEO Steve Ballmer has decided to call it quits, officially announcing that he’d retire within the next year.

Ballmer, 57, first joined Microsoft back in 1980 as one of the company’s first employees.  He later replaced company founder Bill Gates in 2000.

“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,” he stated via a press release.

It’s unclear if Ballmer was forced out or voluntarily decided to retire. Whatever the case, the CEO departs Microsoft as the company struggles to push its latest OS, Windows 8.

Microsoft’s board of directors, meanwhile, has already moved forward with the selection process for Ballmer’s successor by setting up a special committee that includes Microsoft Chairman Bill Gates. “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,” commented Gates.

Ballmer’s departure is the most notable Microsoft leadership change since former Windows Division President Steve Sinofsky left last November.