Microsoft Narrows CEO Shortlist to Five

by Christopher Freeburn | November 6, 2013 9:36 am

Microsoft Narrows CEO Shortlist to Five

microsoft sign 630 flickr 300x200 Microsoft Narrows CEO Shortlist to Five[1]The list of possible replacements for Microsoft’s (MSFT[2]) outgoing CEO Steve Ballmer is getting shorter[3].

Sources tell Reuters that the company is now looking at just five candidates from outside the company. In addition to the outsiders, Microsoft’s board is also considering three inside candidates, including the CEO of its Skype unit.

Here are the four of the candidates cited by Reuters:

While the list may be getting shorter, the process of choosing a new CEO is still expected to take months[5]. Some Microsoft shareholders have pressured the board to seek someone who can turnaround the company, which has struggled in the mobile device market.

Mulally is considered a strong candidate for the top spot at the software giant[6] and Ford recently hinted he might depart the automaker earlier than previously expected.

Some shareholders have demanded that Microsoft Chairman Bill Gates also leave the company[7].

Ballmer announced plans to retire back in August[8].

Microsoft shares climbed almost 2% in Wednesday pre-market trading.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/07/microsoft_sign_630_flickr.jpg
  2. MSFT: http://studio-5.financialcontent.com/investplace/quote?Symbol=MSFT
  3. is getting shorter: http://www.reuters.com/article/2013/11/06/us-microsoft-ceo-idUSBRE9A500A20131106
  4. F: http://studio-5.financialcontent.com/investplace/quote?Symbol=F
  5. is still expected to take months: http://investorplace.com/2013/10/microsoft-board-divided-ceo-direction-take/
  6. a strong candidate for the top spot at the software giant: http://investorplace.com/2013/09/why-ford-ceo-alan-mulally-is-a-good-choice-to-run-microsoft-despite-his-lack-of-high-tech-chops-aapl-msft-ba-bcs-f-msft-goog/#.Un
  7. also leave the company: http://investorplace.com/2013/10/top-microsoft-investors-to-gates-get-out/
  8. plans to retire back in August: http://investorplace.com/2013/08/3-steve-ballmer-microsoft-ceo-replacements/

Source URL: http://investorplace.com/2013/11/microsoft-narrows-ceo-shortlist-five/
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