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                        Microsoft CEO Ballmer to Retire

   VOA News
   Microsoft CEO Steve Ballmer announced Friday that he will retire in the
   next 12 months, once a successor has been found.
   In a news release, Microsoft said, "Ballmer will continue as CEO and
   will lead Microsoft through the next steps of its transformation to a
   devices and services company."
   "There is never a perfect time for this type of transition, but now is
   the right time," Ballmer said in a statement. "We have embarked on a
   new strategy, with a new organization.
   "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," Ballmer said. "We need a CEO who will be here longer term for
   this new direction."
   Microsoft's board of directors has appointed a special committee to
   direct the process of finding a successor, saying they will consider
   internal and external candidates.
   The news of Ballmer's retirement sent Microsoft shares up 9 percent.
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   [1]http://www.voanews.com/content/microsoft-balmer/1735552.html

References

   1. http://www.voanews.com/content/microsoft-balmer/1735552.html