REDMOND, Wash. — Aug. 23, 2013 — Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most.
ASeven wrote on Aug 23, 2013, 17:12:
Now I'm curious to know who will replace him.
Mr. Tact wrote on Aug 23, 2013, 19:24:
Wow -- was watching CNBC and they said today someone bought 20k MSFT $45 Jan 15 calls for $0.75 each. It was up 7.29% today to $34.75. So, basically someone is betting MSFT will go up more than another 30% in the next 16 months. Assuming they meant 20k contracts, which is usually what you do when you talk options, that means someone bet $1.5M.
Ryan Lange wrote on Aug 23, 2013, 15:02:
He might be referring to Office 365, their online version of Office. Office itself is pretty nice, although I despise the latest version for using that horrific, flat, monochromatic color scheme that they introduced with Visual Studio 2012.
D_K_night wrote on Aug 23, 2013, 15:46:wtf_man wrote on Aug 23, 2013, 15:28:
I'm still not buying an XBone... nor Windows 8.x.![]()
Not even if they bring back the Start Menu?
wtf_man wrote on Aug 23, 2013, 15:28:
I'm still not buying an XBone... nor Windows 8.x.![]()
Creston wrote on Aug 23, 2013, 13:07:Prez wrote on Aug 23, 2013, 12:57:
USA Today is reporting that he will be getting $560 million extra on his departure due to the stock jump at the news of his resignation (on paper anyway). That is just obscene.
I think they mean that the value of his personal shares increased by 8%, thus he's worth $560 million more?