Microsoft CEO Ballmer to Retire

Microsoft chief executive officer Steve Ballmer announced Friday that he will retire in the next 12 months, once a successor has been found

The 57-year-old Ballmer has led the world’s biggest software company since 2000, when he succeeded Microsoft founder Bill Gates.

In a news release, Microsoft said “Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company.”

That transformation was announced less than two …

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