Steve Ballmer's replacement was under Microsoft's nose the entire time
After announcing his impending retirement in August of last year and giving Microsoft 12 months to find a replacement, Steve Ballmer can now exit stage left for last time now that it has a new leader. Microsoft's board has named Satya Nadella Chief Executive Officer (CEO), promoting from within to fill the position for only the third time since Microsoft was founded 39 years ago in 1975.
Odds on favorites are Alan Mulally from Ford and Stephen Elop previously from Nokia
Though the decision didn't come easy, Microsoft chief Steve Ballmer recognized it was time to step down and let someone else navigate the company through whatever roads are ahead of it. As such, Ballmer last August announced he would retire within 12 months, agreeing to hand over the reins as soon as Microsoft found a replacement. That search has been ongoing and it now appears Microsoft has dwindled down its list of candidates.
Min-Liang Tan likes to think he builds a Macbook for the Windows gaming community.
Razer CEO Min-Liang Tan has a history of being somewhat outspoken, and in a recent interview with The Verge he didn’t pull any punches when it came to the fumbles of his competitors. "We don't think the PC is dying. Rather, what's killing the PC industry isn't the PC itself, but PC makers.” Tan claims his company’s two year old lineup of Blade laptops is a shining example of the types of innovative products HP and Dell aren’t producing.
Zune is Dead, but Melinda Gates confirms the no Apple policy is still alive and well.
Back in June of 2011, Bill Gates conducted an interesting interview with the UK’s Daily Mail, and revealed a much more personal side of the ex-Microsoft CEO then we were used to. He opened up about his family life, an amusingly enough, he even admitted what he tells his kids when they ask Santa for an iPad. At the time Bill was adamant they were a Zune only family, but fast forward to New Year’s Eve 2012, and Zune is all but completely dead. So has this loosened up the no iDevice policy?
Usually, when you hear about CEO compensation, it's in relation to how mind-blowingly much executives make, or how a dismissed honcho left riding on a golden parachute. Not at Lenovo. The PC provider has been on a tear in recent months and is on the verge of supplanting HP as the number one computer manufacturer in the world. That top-notch performance made CEO Yang Yuanqing eligible for a big fat bonus check. Rather than keeping the cash for himself, he divvied up the $3 million performance-related bonus into 10,000-ish slices and distributed it to the everymen (and women) who make up the bulk of the company.
Mike Lazaridis, the Greek Canadian businessman who founded Research In Motion (RIM) and recently stepped down as the company's co-Chief Executive Officer, is putting his money where his mouth is. Lazaridis wholeheartedly believes big things are in store for RIM, and while it might be easy to dismiss his outwardly optimism as mere lip service, his investment of an additional $50 million in company shares speaks louder than words, though he had a few of those to spend as well.
Hey look everybody, Yahoo just appointed a new CEO! Don't worry if you missed it or are otherwise preoccupied to pay attention, there's a good chance you'll get another opportunity to see Yahoo anoint a new chief. With all due respect to Scott Thompson, the former PayPal executive who's now in Yahoo's hot seat, he's Yahoo's fourth CEO in less than five years. How's that for job security?
With the economy in the crapper, a lot of folks are buckling down, tightening their belts and saving money any way possible. Not HP. No, we’re not talking about the company’s $10.3 billion acquisition of Autonomy; we're talking about the cash HP’s shelled out in severance packages to ousted revolving-door CEOs the past few years. One website counted up the dollars and cents and came up with an astonishing figure: those golden parachutes cost HP around $80 million.
When HP named Leo Apotheker as the company’s new CEO a scant 11 months ago, hopes were high that the software-focused former SAP honcho would be able to overhaul the company and help rake in tons of dough. Well, they got it half right; since his appointment, Apotheker has sure shaken things up, but not in a good way; the company’s recent sweeping changes didn’t sit well with the public, and partially as a result, HP’s stock has dropped 47 percent on Leo’s watch. Now, his job may be on the line.
Yahoo CEO Carol Bartz has had a bumpy ride in the big chair these last few years, and the ride came to an abrupt end last evening. Bartz was fired by the Yahoo board in a phone conversation. She sent out a quick email before packing up and hitting the trail.