Here’s Why Microsoft’s CEO Search Is Urgent
Whoever he or she may be, Microsoft’s (NASDAQ:MSFT) next chief executive officer will have a weighty task: To guide the software maker’s efforts to fend off competition from rivals like Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG), which are better suited to mobile computing.
With each product launch, those competitors are pulling farther and farther ahead, putting urgency into the Microsoft’s search for a new leader. Ideally, the company’s board of directors would like the successor to current CEO Steve Ballmer in place by the end of the year, and it is in the midst of narrowing down its potential list of candidates.
Bloomberg spoke to sources familiar with the company’s decision process who said eBay (NASDAQ:EBAY) Chief Executive John Donahoe has declined to be considered, but that Ford’s (NYSE:F) Alan Mulally and former Microsoft executive and current Nokia (NYSE:NOK) CEO Stephen Elop, who will join Microsoft when its $7.2 billion acquisition of Nokia’s handset division is completed, are both in consideration.