Friday, July 01, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Alliance Storage Technologies Releases New NETArchive NAS Storage Solution
Android N Will Be Called "Nougat"
B&O PLAY H5 In-ear Earphones Launch Globally
Samsung Starts Selling Unlocked Galaxy S7 Phones
Qualcomm Files Additional Complaints in China Against Meizu
Nero Offers Latest SecurDisc Technology For Effective Data Protection
OPPO and Vivo Set To Enjoy Significant Smartphone Production Growth This Year
Netflix To Offer Original Series In Asia
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Ballmer...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, August 20, 2014
Ballmer Steps Down From Microsoft Board


Former Microsoft CEO Steve Ballmer is stepping down from the company's board, closing a chapter on 34 years with the software giant.

Ballmer plans to devote more time to his ownership of the Los Angeles Clippers, civic contributions, study and teaching business at Stanford in the fall and USC next spring.

Microsoft published Ballmer's resignation letter on its website Tuesday along with a response from current CEO Satya Nadella thanking him and wishing him well.

Ballmer says he plans to hold on to his Microsoft stock and will continue to offer feedback on products and strategy. With 333.3 million shares worth $15 billion, Ballmer's 4 percent stake in the company makes him the largest individual shareholder.

"I bleed Microsoft - have for 34 years and I always will," Ballmer wrote. "I will be proud, and I will benefit through my share ownership. I promise to support and encourage boldness by management in my role as a shareholder in any way I can."

Ballmer stepped down as chief executive in February.

Nadella thanked Ballmer for his support during the transition period and used the opportunity to reiterate the company's new focus on mobile devices and cloud computing.

"Under your leadership, we created an incredible foundation that we continue to build on - and Microsoft will thrive in the mobile-first, cloud-first world," Nadella said.



Previous
Next
TCL and Roku Introduce Streaming TVs        All News        Samsung To Unveil New Smart TV Content at IFA 2014
Infineon To Buy International Rectifier for Approximately USD3 Billion     General Computing News      Microsoft Cloud Service Azure Experienced Global Outage

Get RSS feed Easy Print E-Mail this Message

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .