Elop and Others Leaving Microsoft, Myerson Taking Bigger Role

jones_supa writes: Former Nokia CEO Stephen Elop and "Scroogled" mastermind Mark Penn are leaving Microsoft as part of a fresh company reorganization. "We are aligning our engineering efforts and capabilities to deliver on our strategy and, in particular, our three core ambitions," says CEO Satya Nadella in an e-mail to employees today. Alongside Elop and Penn, Microsoft executives Kirill Tatarinov and Eric Rudder will also leave as part of a transition period. Tatarinov used to head up Microsoft's business solutions group, and Ruder was responsible for the company's advanced strategy. The reorganization will see Windows chief Terry Myerson take on more responsibility. Myerson will take over a new team called Windows and Devices Group. He will be focused on Microsoft devices and the engineering of Windows.

Comments

Re:Elop just fulfilled his destiny.

[Ralph Wiggam]

Adding to my previous comment-

Here's Nokia's stock price over the last 20 years. Stephen Elop became CEO is late 2010, right when the stock price hit 10. Of course it got worse, but you can see that Nokia was on its way out before he showed up.

http://finance.yahoo.com/echarts?s=NOK+Interactive#{"range":"max","allowChartStacking":true}

Re:Elop just fulfilled his destiny.

[Uecker]

The networking unit had trouble at that time. The smartphone unit was highly profitable and growing faster than the competition in absolute sales (the quarterly reports are all available). And yes, i don't deny that Nokia had problems before in this area (despite profits and growing sales), but "on its way out" is far from the truth. The numbers simply do not support this. If your sales grow faster than from your competition while you are profitable you are clearly not "on the way out".