Ericsson Chief Hans Vestberg Wants to Stay Put as Microsoft Continues CEO Search

Paul Lilly

Microsoft still mum on who will replace Steve Ballmer

Steve Ballmer's farewell tour as CEO of Microsoft will come to an end once the Redmond software giant names a replacement, though who will take the reins is still a mystery. Ford chief Alan Mulally was a name that kept coming up, right up until he broke his silence and said he planned to finish out his contract with Ford, which expires at the end of 2014. Now it seems that Ericsson boss Hans Vestberg has also taken himself out of the running .

"I am committed to Ericcson," Vestberg said in an interview today, according to Bloomberg . "I plan to stay here if the board supports me as well as the employees and customers."

Some analysts viewed Vestberg as a leading candidate once Mulally withdrew from the race, but if he does stay with Ericcson, Microsoft will have to look elsewhere.

Recode' s Kara Swisher says she's heard from "sources close to Microsoft" that the selection of a new CEO could happen next week. If that's the case, one of the odds on favorite is Microsoft's own Satya Nadella, who leads the company's enterprise division.

Nadella has been with Microsoft since 1992, and prior to that, he worked for Sun Microsystems. He's certainly familiar with Microsoft's operations and boasts a strong resume, though neither of those traits make him a lock.

(Photo credit: Andia Ghafouri )

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