Microsoft ballmer resign
If you consider all the missed market opportunities, the failed investments and products Microsoft has killed Zune, Kin, Windows CE, etc , Microsoft is basically the same company that Ballmer took over 12 years ago when former CEO and co-founder Bill Gates stepped aside.
Microsoft offers Windows and Office, and is primarily driven by the PC. Ballmer took over as CEO at Microsoft 12 years ago. If CEOs of public companies are ultimately measured on their equity returns to stockholders, how is this guy still employed?
With that much money in your war chest, one would think that Microsoft could simply capture new market opportunities by out-investing its competitors. During that time, Apple has been able to produce products that are not only leaps and bounds ahead of anything Microsoft has come up with, they also carry with them a cultural phenomenon that demands a premium value. He turns into this crazed psycho, something like a cross between a Planet of the Apes extra, a solo mosh pit dancer, and Gallagher.
Ballmer is infamous too for his temper, having reportedly had many obscenity laced screaming matches in his office with subordinates, even reportedly throwing a chair when Mark Lucovsky told him he was going to work for Google.
When compared to the competition, Ballmer looks like a circus show. Ballmer is just sweaty and disheveled and, well, a mess. When you consider more consumer driven, and seemingly faster moving competitors, like Facebook, Google, Apple, and Amazon, Microsoft has gotten, is getting, and continues to get killed.
Microsoft continues to make stupid investments. Contact your NET net representative, email us today at info netnetweb. Steven Zolman Jul. He was cut off by John Thompson, lead director.
We're in suspended animation, " Thompson said. That conversation set in motion Ballmer's decision to step down. He realized he couldn't move fast enough to make the board happy. Thompson says the board "didn't push Steve to step down, but we were pushing him damn hard to go faster.
Ballmer was trying to go faster. He enacted a reorganization of the company. He tried to make the company more collaborative, but his senior team was thrown off by the "New Steve," says the WSJ. By May, Ballmer started to doubt that he could change the company as quickly as the board wanted. So, he decided to retire with the hope that the next CEO would be able to come in and shake up the company and move more quickly.
Ballmer teared up as he explained his decision, saying, " Maybe I'm an emblem of an old era, and I have to move on The company will move to higher heights. I will be proud, and I will benefit through my share ownership. I promise to support and encourage boldness by management in my role as a shareholder in any way I can. First, thank you for all of your support during my transition this year and for the past 34 years.
It's been a great privilege to have worked with you and learned from you. Under your leadership, we created an incredible foundation that we continue to build on -- and Microsoft will thrive in the mobile-first, cloud-first world.
While your insights and leadership will be greatly missed as part of the board, I understand and support your decision. As you embark on your new journey, I am sure that you will bring the same boldness, passion and impact to your new endeavors that you brought to Microsoft, and we wish you incredible success.
I also look forward to partnering with you as a shareholder. Be respectful, keep it civil and stay on topic. We delete comments that violate our policy , which we encourage you to read. Discussion threads can be closed at any time at our discretion. CNET News staff. Steve Ballmer steps down as board member at Microsoft Aug. Related stories Ballmer steps down from board, cuts last official tie with Microsoft It's official: You can refer to Steve Ballmer as Mr.
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