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Bryan M. Wolfe
| August 23, 2013
Ballmer Is Out At Microsoft
It’s the end of the road for Microsoft CEO Steve Ballmer. The executive has decided to retire as CEO within the next 12 months, according to a Microsoft press release. Ballmer notes:
There is never a perfect time for this type of transition, but now is the right time. We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. 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 replaced Microsoft founder Bill Gates as CEO in 2000. He will remain in his current post until a successor is named.