Steve Ballmer retires

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Top Microsoft Investors Want to Boot Bill Gates

Small group doesn't want him picking the next CEO

(Newser) - Three of Microsoft's top 20 investors are calling for the head of Mr. Microsoft himself. It's been a long time since Gates actively ran the company, but he's still chairman of the board, and is on the special committee that will select a new CEO. The board... More »

Ballmer Made $769M in Quitting

Because investors were so glad he was leaving

(Newser) - Cheer up, Steve Ballmer. Sure, you had to make the fairly humiliating announcement that you were stepping down as Microsoft CEO sooner than you'd wanted to. But on the bright side, you made a lot of money in the process. Investors were so excited to see the backside of... More »

Microsoft's Steve Ballmer to Retire; Stock Surges

Tech giant doesn't announce his successor

(Newser) - It's probably a bad sign when investors react to news of your CEO's departure by buying like crazy. Microsoft dropped a bombshell this morning by announcing that Steve Ballmer would retire within 12 months, the AP reports. The company gave no indication of who might succeed the longtime... More »

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