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Microsoft CEO Steve Ballmer To Retire Within A Year

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08.23.13 | 5:20 am
In this Jan. 22, 2009 file photo, a man walks on the Microsoft headquarters campus in Redmond, Wash. Microsoft Corp. said on Monday, July 2, 2012, that it will take $6.2 billion charge for the declining value of onli... In this Jan. 22, 2009 file photo, a man walks on the Microsoft headquarters campus in Redmond, Wash. Microsoft Corp. said on Monday, July 2, 2012, that it will take $6.2 billion charge for the declining value of online ad division. MORE LESS

NEW YORK (AP) — 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.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Associated Press
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