Microsoft says CEO Steve Ballmer will retire in 12 months, stock up | iNFOnews | Thompson-Okanagan's News Source
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Microsoft says CEO Steve Ballmer will retire in 12 months, stock up

FILE - Microsoft CEO Steve Ballmer speaks at a Microsoft event in San Francisco, Wednesday, June 26, 2013. Ballmer, who helped build Microsoft into a technology empire and then struggled to prevent it from crumbling under his own leadership, will retire within the next 12 months. The world’s biggest software company did not name a successor. Microsoft Corp.’s stock shot up 9 percent in premarket trading following the news. (AP Photo/Jeff Chiu, File)

NEW YORK, N.Y. - Microsoft says CEO Steve Ballmer will retire within the next 12 months. The world's biggest software company did not name a successor.

Microsoft Corp.'s stock is up sharply in premarket trading following the announcement.

News from © The Associated Press, 2013
The Associated Press

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