TechHive: Microsoft CEO Steve Ballmer to retire within 12 months

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thumbnail Microsoft CEO Steve Ballmer to retire within 12 months
Aug 23rd 2013, 14:50, by Brad Chacos

Call it the end of an era. Friday, Microsoft announced that Steve Ballmer will be retiring within the next 12 months, bringing his 13-year run as CEO of the company to an end.

"There is never a perfect time for this type of transition, but now is the right time," Ballmer said in a Microsoft press release. "We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. 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. We need a CEO who will be here longer term for this new direction."

Ballmer, of course, recently refocused Microsoft in order to drag the PC stalwart into the faster-moving mobile age, initiating drastic sea changes such as the device-spanning Windows 8 operating system, a push towards rapid-fire releases rather than 3-year development cycles, "One Microsoft, all the time," an increased focus on services and the cloud, and the launch of the Surface brand—Microsoft's first foray into competing with its manufacturing partners.

Any of those could be considered a major shakeup. All of those combined constitute a near-complete reimagining of Microsoft.

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