Sunday, August 25, 2013

Microsoft CEO Steve Ballmer to Retire. What Happens Next Won't Be Pretty


Steve Ballmer
Photograph by Frederic J. Brown AFP via Getty Images
Steve Ballmer
It’s during the doldrums of August that companies often like to let out their most shocking news, and Microsoft (MSFT) did just that on Friday. The company disclosed that Chief Executive Officer Steve Ballmer will retire within the next year. A special committee that includes Microsoft co-founder Bill Gates will choose Ballmer’s replacement. Let the games begin!

Ranjay kumar
PGDM

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