Microsoft Goes Through Ballmer Withdrawal and 2 More Heavily Traded Stocks to Follow
Microsoft Corp. (NASDAQ:MSFT): Closing price $34.15
He won’t be gone from Microsoft for many months, but Chief Executive Steve Ballmer’s retirement announcement leaves the biggest software company on the planet in a succession crisis during the worst slump so far for the personal-computer industry that the firm helped create.
A Sunday statement said that a search committee will consider internal and external candidates to replace Ballmer, who will exit within the next 12 months. Knowledgeable sources opine that Satya Nadella, Tony Bates, Qi Lu, and Terry Myerson are among the leading choices of Microsoft’s executives.