Microsoft CEO retiring in a year

By Casey Frye, CCNN Writer

Bill Gates, the founder and chairman of Microsoft, and Steve Ballmer, the CEO since 2000, have been best buddies for a long time. After 13 years of loyal service, Ballmer has now announced that he will retire one year from now. “This is an emotional and difficult thing for me to do,” Ballmer wrote in a letter to his employees. “I take this step in the best interests of the company I love; it is the thing outside of my family and closest friends that matters to me most.” No doubt, one of those close friends he’s talking about is Gates. Is Gates angry that Ballmer plans to retire? “I’ll work closely with the other members of the board to identify a great new CEO,” said Gates. “We’re fortunate to have Steve in his role until the new CEO assumes these duties.” Looks like there’s no hard feelings between them.

Right now, the company is moving away from making computer software and switching over to produce more gadgets and online services. Ballmer will stay CEO long enough to make the switch. My only question is, how will this affect Microsoft’s Xbox gaming system?

Featured image courtesy of Microsoft Sweden on Wikimedia.