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Ballmer To Retire

Today Microsoft announced that CEO Steve Ballmer will be retiring within the next 12 months. He said, "There is never a perfect time for this type of transition, but now is the right time. ... 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." Ballmer, 57, has been Microsoft's CEO since taking over the role from Bill Gates in January, 2000. The company's board of directors has formed a committee to find a replacement for Ballmer, and he will continue his duties until a new CEO is found. Questions about Ballmer's fitness to remain CEO have been circulating for the past several years, particularly after the company struggled to get a foothold in the mobile market. It will be interesting to see how this affects Microsoft's stock price. Upon retirement, Ballmer will be able to cash out hundreds of millions of dollars worth of Microsoft stock.

24 of 633 comments (clear)

  1. In the next 12 months... by ackthpt · · Score: 5, Funny

    He can't even retire properly, should have done so years ago.

    Chairs just won't fly around the same without him

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    A feeling of having made the same mistake before: Deja Foobar
    1. Re:In the next 12 months... by Stuarticus · · Score: 5, Funny

      I hear that Dell are organising a 21 chair salute.

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    2. Re:In the next 12 months... by NeoTron · · Score: 5, Funny

      The next guy will throw developers at chairs.

    3. Re:In the next 12 months... by OakDragon · · Score: 5, Funny

      He needs 12 months because his retirement is behind schedule. And of course, just days after his retirement, he will have to download all the new retirement patches and Retirement Service Pack 2.0.

    4. Re:In the next 12 months... by KernelMuncher · · Score: 4, Funny

      Better yet a giant statue of Ballmer with chairs all around it that people can pick up and fling at it

    5. Re:In the next 12 months... by Nyder · · Score: 4, Funny

      He can't even retire properly, should have done so years ago.

      Chairs just won't fly around the same without him

      Hope they tell him not to let the chair hit him on the way out.

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    6. Re:In the next 12 months... by ackthpt · · Score: 4, Funny

      Up more than 6% at the moment.

      Drop from 10% up, typical profit taking. Probably Bill unloading a chunk.. more money to combat malaria and such

      "Steve, could you do that again next week, the announcing your impending retirement?"

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      A feeling of having made the same mistake before: Deja Foobar
    7. Re:In the next 12 months... by Blue+Stone · · Score: 3, Funny

      From throwing chairs to rocking them.

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      Corporation, n. An ingenious device for obtaining individual profit without individual responsibility. - Ambrose Bierce
  2. Good news for stockholders by neurovish · · Score: 5, Funny

    ...in response, Microsoft's stock jumps up 10%

    1. Re:Good news for stockholders by Nidi62 · · Score: 4, Funny

      But it looks like chair manufacturers' stocks have dropped 20%

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      The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
    2. Re:Good news for stockholders by AndyAndyAndyAndy · · Score: 4, Funny

      Nasdaq had switched to Windows earlier in the day...

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      It's always confirmation bias!
    3. Re:Good news for stockholders by olsmeister · · Score: 5, Funny

      Which mean Ballmer made about a billion dollars. Joke's on us.

  3. Ballmer leaving. by nlinecomputers · · Score: 4, Funny

    I'm so happy I could throw a chair!

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    1. Re:Ballmer leaving. by kthreadd · · Score: 4, Funny

      Is that you Steven Sinofsky?

  4. CNN breaking news headline by Anonymous Coward · · Score: 5, Funny

    "Microsoft says CEO Steve Ballmer will retire within 12 months. No successor named. Stock surges."

    Captcha: finally

  5. Still funny as hell by ArcadeMan · · Score: 4, Funny

    There is never a perfect time for this type of transition, but now is the right time.

    I love how he can state something as truth at the beginning of a sentence and then make a fool of himself by the end of it.

  6. Nobel Prize as CEO by gmuslera · · Score: 5, Funny

    I mean, his successor is the one that will get one, whoever he is just for not being Ballmer.

  7. 12 months left on his Windows Phone contract ... by perpenso · · Score: 4, Funny

    He needs 12 months because his retirement is behind schedule. And of course, just days after his retirement, he will have to download all the new retirement patches and Retirement Service Pack 2.0.

    No. He has 12 months left on his Windows Phone contract. Days after retirement he will get an iPhone 5S.

  8. Re:12 months left on his Windows Phone contract .. by datavirtue · · Score: 2, Funny

    Days after retirement he will get an iPhone 5S

    I pity the fool.

    I've had a iPhone 5 (company phone) for a few weeks now. Not at all impressed. I eagerly await my Windows 8x Nokia 928 today (personal phone).

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    I object to power without constructive purpose. --Spock
  9. Re:Disagree by Alsee · · Score: 5, Funny

    Even half a Jobs would turn Microsoft around from the stagnating business it has become.

    In this economy, good luck finding even a part-time-Jobs.

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  10. Re:Disagree by Alsee · · Score: 4, Funny

    I'd be willing to quit his job for half that.

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    - - You can't take something off the Internet! That's like trying to take pee out of a swimming pool.
  11. Re:Disagree by tehlinux · · Score: 5, Funny

    Dude, the zune was awesome and I'd say the same thing about my surfce rt.

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  12. Re:Disagree by slack_justyb · · Score: 2, Funny

    Wow woke up on the wrong side of bed today eh? Do you usually dig four threads deep to poke at people? Is it a hobby of yours? Yeah, the URL shorten was a mistake, realized it right after I hit the submit that I had copy/pasted the wrong snip. Shall I break out the Cat o' nines for you?

    If I were meeting you in real life, I'd most likely not even bother. You seem to be a dick over the smallest things. You must be an engineer!

  13. Re:Disagree by Shark · · Score: 5, Funny

    Who knows? He might even get ousted after a huge sex scandal that shades what you listed. Think about it.

    Why would you bring something like that up? Now I pictured him humping a secretary grunting "Developper Developper Developper!" and my brain bluescreened.

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