Tag Archives: steve ballmer

Microsoft Board names Satya Nadella as CEO

Bill Gates steps up to new role as Technology Advisor; John Thompson assumes role as Chairman of Board of Directors.

REDMOND, Wash. Feb. 4, 2014 — Microsoft Corp. today announced that its Board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately. Nadella previously held the position of Executive Vice President of Microsoft’s Cloud and Enterprise group. (more…)

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Microsoft CEO Steve Ballmer to retire within 12 months

Board of directors initiates succession process; Ballmer remains CEO until successor is named.

REDMOND, Wash. Aug. 23, 2013 — Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most.

“There is never a perfect time for this type of transition, but now is the right time,” Ballmer said. “We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of our company’s transformation to a devices and services company. We need a CEO who will be here longer term for this new direction.” (more…)

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To Celebrate Kids Helping Kids Across the Globe, Microsoft Sponsors First U.S. We Day

As part of its YouthSpark initiative to create opportunities for youth, Microsoft welcomes 15,000 students to We Day at Seattle’s KeyArena.

SEATTLE — March 27, 2013 — At the age of 12, while looking for the morning comics in the newspaper, Craig Kielburger stumbled upon a news item about a 12-year-old boy killed in Pakistan for speaking out against child labor. Outraged by the story, he desperately wanted to do something to help. After a number of phone calls and attempts to contact nonprofit organizations, Kielburger realized it wasn’t so easy for kids to get involved with social activism. That’s when he got an idea.

That same year, the young Canadian founded his own nonprofit, Free The Children, to pave the way for kids to help other kids around the world. Twelve years later, in 2007, Kielburger took his organization to the next level, launching the We Act program in schools across Canada and creating a more widespread approach to helping youth make a difference. As part of the program, Free The Children hosts a celebration in each participating city called We Day. (more…)

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‘Most Verbose’: Meet Microsoft’s Original MVP

Twenty years ago, Calvin Hsia created a list of the “Most Verbose People” on a CompuServe forum that became Microsoft’s Most Valuable Professional program.

REDMOND, Wash. – It’s 1993, and you need technical support. Who you gonna call?

Most techies at the time would plug in their modems and dial up CompuServe. In the days before Twitter, Facebook and broadband, CompuServe’s forums were a gathering place for geeks to talk shop and get answers to burning questions. (more…)

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Steve Ballmer Talks Up Windows 8 and Windows Phone in Europe and Israel

Microsoft CEO Steve Ballmer was in Europe and Israel last week to showcase Microsoft’s wave of newly updated products, including Windows 8, Windows Phone 8, and Surface with Windows RT. He reinforced to customers, developers, students and others that the company is moving into a new era.

REDMOND, Wash. – Nov. 13, 2012 – World, meet Windows 8, Windows Phone 8, and Surface. Microsoft CEO Steve Ballmer last week took Microsoft’s wave of new products on the road, visiting Europe and Israel.

He said the launch of Windows 8 and Windows Phone 8, an upcoming new version Office, and updates to the company’s Xbox platform—all part of the biggest wave of updates in the company’s history—signify that Microsoft has entered a new era. (more…)

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Microsoft Employees Raise $1 Billion for Communities Around the World

Microsoft commemorates 30th Employee Giving Campaign with CEO Steve Ballmer and Chairman and Founder Bill Gates.

REDMOND, Wash. — Oct. 18, 2012 — Microsoft Corp. today commemorated its 30th Employee Giving Campaign and announced that U.S. employees raised $1 billion in cash since 1983 for approximately 31,000 nonprofits and community organizations around the world. CEO Steve Ballmer announced the milestone during a special town hall event at the Microsoft Redmond campus, which included Microsoft Chairman Bill Gates and Washington State Gov. Chris Gregoire.

“Today, I’m thrilled to announce that since our Employee Giving Campaign started in 1983, Microsoft employees have donated a total of $1 billion to more than 31,000 nonprofits around the world,” Ballmer said. “I’m incredibly proud of our employees, and this is truly a time to celebrate, not just because we’ve raised a record amount of funds, but also because together with our nonprofit partners, we have impacted and improved the lives of hundreds of millions of people.” (more…)

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Microsoft to Acquire Yammer

Microsoft extends cloud services with best-in-class enterprise social networking.

REDMOND, Wash., and SAN FRANCISCO — Microsoft Corp. and Yammer Inc. today announced that they have entered into a definitive agreement under which Microsoft will acquire Yammer, a leading provider of enterprise social networks, for $1.2 billion in cash. Yammer will join the Microsoft Office Division, led by division President Kurt DelBene, and the team will continue to report to current CEO David Sacks.

“The acquisition of Yammer underscores our commitment to deliver technology that businesses need and people love,” said Steve Ballmer, CEO, Microsoft. “Yammer adds a best-in-class enterprise social networking service to Microsoft’s growing portfolio of complementary cloud services.” (more…)

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Microsoft Reports Record Third-Quarter Revenue

Strong business demand drives double-digit operating income growth.

REDMOND, Wash. — Apr. 19, 2012 — Microsoft Corp. today announced quarterly revenue of $17.41 billion for the quarter ended Mar. 31, 2012, a 6% increase from the prior year period. Operating income was $6.37 billion, up 12% from the prior year period.

Net income and diluted earnings per share for the quarter were $5.11 billion and $0.60 per share, compared with $5.23 billion and $0.61 per share, respectively, in the prior year period. Prior year net income and diluted earnings per share included a $461 million or $0.05 per share tax benefit primarily related to a tax settlement with the U.S. Internal Revenue Service. (more…)

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