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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.
He can't even retire properly, should have done so years ago.
Chairs just won't fly around the same without him
A feeling of having made the same mistake before: Deja Foobar
...in response, Microsoft's stock jumps up 10%
I'm so happy I could throw a chair!
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This may be the best thing that's happened to Microsoft in a long time. Perhaps they will get their clarity back again. I can't help but wonder if there's a deeper story here though, like his abysmal performance causing a backlash to force him out 'gracefully'.
"Microsoft says CEO Steve Ballmer will retire within 12 months. No successor named. Stock surges."
Captcha: finally
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.
Get free satoshi (Bitcoin) and Dogecoins
Failure of Windows 8
Failure of Xbox One
Failure of Vista
Failure of the Kin
Failure of the Zune
Failure of Windows Phone 7
Failure of Windows Phone 8
Need I go on? You can only fuck up so many times before the board sends you packing. I'm amazed he lasted this long.
Is to just hire Sinofsky back and give him carte blanche to fire anyone and everyone who supported Ballmer as a job perk. With the chance to fire the woman who forced Metro on him as a job perk, they could probably get him more reasonable on the compensation package.
I only hope he is replaced with someone as ineffective as he was. The last thing the world needs is an evil monopolist running Microsoft who actually knows what he is doing.
Based on his overall personality, I strongly suspect that if Steve Ballmer hadn't just happened to be college buddies with BillG and Paul Allen, chances are pretty good he'd be selling used cars somewhere and enjoying the nearest football team. Instead, we're going to take him seriously for the rest of his natural life and possible beyond.
I am officially gone from
It's not that Microsoft is 'late to the party', it's simply that they make bad products.
Apple was late to the tablet party but ended up dominating it with pretty and functional products.
There was a perfect time for the transition:
Avoiding those disastrous products would have made Microsoft billions, and those decisions were made by you, Ballmer.
I do not fail; I succeed at finding out what does not work.
He was a borderline mental patient who did everything he could to try and ruin Apple but his staff and board and engineers reined him back into reality so they could release sort of good products. I wouldn't put Steve Jobs in charge of walking my dog because somehow he'd find a way to overheat it and embed a non-removeable battery in it.
I mean, his successor is the one that will get one, whoever he is just for not being Ballmer.
I think this "retirement" (which probably wasn't as voluntary as Ballmer and MS are pretending) spells doom for Metro, at least on the desktop. Virtually no one outside of MS actually likes it. The only reason why they haven't backed down on Metro on the desktop before now is that it is Ballmer's baby and he doesn't want to admit he screwed up. The next CEO will likely not have any such attachment, and will probably be much more willing to ditch Metro in response to market demands – or at least allow it to be an option that can be turned off completely, for a Win7-style experience.
Microsoft's foray into portable devices has been an abject failure. The smartest thing to do would be to focus on the business licenses that actually bring in the big bucks. That means stability, familiarity, and backwards compatibility – not flashy touch BS meant to appeal to non-technical home users.
The damage Mr. Ballmer has done to Microsoft in the past eight years is strategic and structural. His successor will have an enormous uphill battle to turn the company around.
Today, on the initial news, based on speculative market players making trades ... by next week the price of Microsoft will be fluctuating on some other random basis.
I've always found the stock market to be amusing -- because it makes huge swings on things which haven't happened yet, and by the time those things happen they've moved on to being excited/angry about something else entirely.
It's almost as if the stock market is more valuable at predicting the emotions of investors, than any actual financial factors. And in many cases, the actual financials don't seem important -- like when companies are worth more than they're going to earn for the next 20 years.
Lost at C:>. Found at C.
This is bad news, having Ballmer in charge of MS is a good thing as he was slowly mismanaging the company into the ground. A successor could be more competent.
"When information is power, privacy is freedom" - Jah-Wren Ryel
He's featured in Pirate of Silicon Valley: http://www.imdb.com/title/tt0168122/
He's actually one of the more agreeable characters (and voiced by John Di Maggio aka the voice of Bender)
Mod me down, my New Earth Global Warmingist friends!
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.
This is bad news, having Ballmer in charge of MS is a good thing as he was slowly mismanaging the company into the ground. A successor could be more competent.
Note that the same guys who put Ballmer in charge will be picking his successor. We might not have anything to worry about. ;-)
Well, the board have not been happy with him for years, but he was Bill's BFF so there was little the board could do. I gather Bill or his foundation still control a sizable investment portfolio in MSFT. Perhaps they'll grow some spines and fight for a better leader, not yet-another-BFF-of-Bill.
fast forward to mid-2014: Melinda chose him, she liked his hair and the color of his eyes.
A feeling of having made the same mistake before: Deja Foobar
And that is totally MS's fault. They still don't get it. If they did, they would remove all DRM from Windows. That includes the whole product key and activation nonsense they continue to harass all users with, legitimate and otherwise.
There was a day when MS was cool. They broke the early Office software monopolies, software such as Word Perfect. They reduced Apple and their MacIntosh to a small niche market. MacIntoshes were more user friendy, but MS-DOS on a PC was way, way cheaper. MS didn't rest on their laurels either, they rolled out Windows to challenge the Macs. Then in the 1990s, MS started to slip. MS's slowness gave IBM a chance to grab back the OS crown with OS/2. Lucky for MS, IBM blew it. MS also nearly got the Internet wrong. Remember that at first they pooh-poohed browsers. They came to their senses in time, barely. Windows 95 was very nearly too late. In the early 2000s, even the anti-trust conviction didn't much damage the MS brand. People still believed MS knew tech.
But now? MS has made many mistakes, but I could hardly believe it some years back when MS signed onto the RIAA and MPAA position on DRM. One might expect entertainment organizations to fail to understand that DRM is a bad idea, but a tech company? MS should have been savvier than that. Instead, they happily poodled to the RIAA! Let the entertainment industry do their thinking for them! They should have been educating the entertainment giants, not the other way around. It was a terrible show of incompetence and anti-customer positioning. Having backed themselves into a corner on DRM, they then turned to their customers and compounded the mistake, trying to sell us on the idea that DRM is good for us, talking down to us most insultingly. DRM helps stop us from being naughty pirates, and that's why it's good for us, right? Windows Genuine Advantage, ha ha! MS treated those moronic entertainment moguls like they really know stuff, and then treated their customers, many of whom are quite tech savvy, like a pack of adolescents who would try to sneak a few beers if they weren't carded all the time. They further magified the disaster by then insisting that Vista was doing very well. MS lost a great deal of credibilty.
It is only sheer size and inertia that has allowed MS to survive such bad blunders. I don't know how much more blundering MS can tolerate. Quite a bit, I suppose. Will they pick a decent CEO? There any reason to think they will pick a winner there?
Intellectual Property is a monopolistic, selfish, and defective concept. It is "tyranny over the mind of man"
As long as most printers and wireless cards and such are windows-only, as long as people send you docx files, as long as there are non-standard behaviors in MSIE that have to be tested for, as long as netflix uses silverlight... the windows monopoly still causes the linux user some annoyance in every day life.
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Perhaps they'll grow some spines and fight for a better leader, not yet-another-BFF-of-Bill.
Unfortunately for them, a significant number of senior leadership figures at Microsoft who might have been credible candidates have instead left the company in recent years. Conspiracy theories notwithstanding, that limits the talent pool from in-house.
It will be interesting to see whether they can attract someone good from outside. Big tech firms don't seem to have a great track record in that respect lately, though perhaps that perception is partly because we hear about the spectacular failures at places like HP but modest success stories go mostly unreported.
Either way, MS still has an effective monopoly on desktops, a significant presence in business server rooms, a substantial war chest, and a lot of smart people. Someone with a better vision for how to use those assets than "It's like Apple but for people who didn't buy Apple yet" might do well there.
I've suggested previously, even before the post-Snowden cloud/privacy concerns, that Microsoft could be in a very strong position if they swam across the current a little and promoted private clouds. It looks like a much more natural fit for their portfolio and expertise, it plays on competitors' weaknesses, and it plays to their strengths as an established provider on both client and server ends for business. It even gives them a potential way into the mobile market, via consumer-friendly devices with integral BYOD features for those who also want to use them for business but don't want to hand over the root password to corporate sysadmins. Any takers? :-)
If you disagree, post your argument. (-1, Overrated) isn't your personal censorship tool for views you don't like.
It's interesting seeing the Slashdot comments because they are actually less negative than those of the press.
From a May 12, 2013 article in Forbes: Microsoft's CEO, Steve Ballmer, "Should Have Already Been Fired." Quote from the article: "Without a doubt, Mr. Ballmer is the worst CEO of a large publicly traded American company today."
More about Steve Ballmer from that article: "The reach of his bad leadership has extended far beyond Microsoft when it comes to destroying shareholder value -- and jobs."
Scroll down in this article to see Businessweek's January 16, 2013 cover that called Steve Ballmer "Monkey Boy". The cover says "No More", but that doesn't take away from the fact that the magazine called him Monkey Boy -- on its cover. That's the greatest disrespect for a CEO I've ever seen.