Categorized | Finance

Ballmer to Retire as Microsoft CEO

The chief exec and major shareholder of Microsoft, Steve Ballmer, has announced he will retire from the organization within the next 12 months, once a successor is found. “There is never a perfect time for this type of transition, but now is the right time,” Ballmer said in a release earlier this week. The stock closed up more than 7% on Friday following the news. I wonder what billionaire Ballmer’s retirement will look like? What would you do if you were him?

Source: About.com
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