http://www.nytimes.com/2013/08/24/te..._20130823&_r=0
Apparently the stock market thinks it is a good thing.
Thanks for all the fish, Ballmer!
Mr. Ballmer, 57, will stay on until a successor is chosen by a special committee of the board of directors that includes John W. Thompson, the board’s lead independent director, and Mr. Gates, chairman of the company. The committee will consider both internal and external candidates, the company said.
“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,” Mr. Ballmer said in the statement. “We need a C.E.O. who will be here longer term for this new direction.”
In early trading, Microsoft stock jumped more than 7 percent to $34.84 a share.
“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,” Mr. Ballmer said in the statement. “We need a C.E.O. who will be here longer term for this new direction.”
In early trading, Microsoft stock jumped more than 7 percent to $34.84 a share.
Thanks for all the fish, Ballmer!
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