Elevate your local knowledge

Sign up for the iNFOnews newsletter today!

Select Region

Selecting your primary region ensures you get the stories that matter to you first.

Microsoft says CEO Steve Ballmer will retire in 12 months, stock up

CP24630058
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, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.

Related Articles