NPR logo

Microsoft CEO Steve Ballmer To Retire Within A Year

  • Download
  • <iframe src="https://www.npr.org/player/embed/214798927/214799472" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Microsoft CEO Steve Ballmer To Retire Within A Year

Business

Microsoft CEO Steve Ballmer To Retire Within A Year

Microsoft CEO Steve Ballmer To Retire Within A Year

  • Download
  • <iframe src="https://www.npr.org/player/embed/214798927/214799472" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The company said Friday that Ballmer will stay on until his successor is found. He has been with the company for more than 30 years, and became CEO in 2000.

RENEE MONTAGNE, HOST:

NPR's business news starts with an update from Microsoft.

(SOUNDBITE OF MUSIC)

MONTAGNE: Microsoft has announced its CEO Steve Ballmer will retire within the next 12 months. A statement released this morning says he'll stay on until his successor is found. Ballmer has been with the company for more than 30 years and he became CEO in 2000. Microsoft, which, of course, is famous for its Windows operating system for personal computers has had trouble adapting as more consumers shift to mobile devices and its stock jumped sharply on the news of Ballmer's impending retirement.

Copyright © 2013 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.

We no longer support commenting on NPR.org stories, but you can find us every day on Facebook, Twitter, email, and many other platforms. Learn more or contact us.