Microsoft’s CEO Retiring Within 12 Months


Microsoft has announced on Friday that its CEO Steve BALLMER is retiring within the next 12 months.

The name of his successor has not yet been revealed. The company has added that a special unit from the board of directors will be overseeing the procedure leading to the succession and that it will choose from both internal and external applicants. “BALLMER will continue as CEO and will lead Microsoft through the next steps of its transformation, “ has stated the American firm.

BALLMER’s successor will have the heavy role of lifting back Microsoft. The company has lost several market shares in terms of PCs and is struggling to make its way in the mobile world, which it entered late and it would appear that this has been a fatal error…

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