Microsoft to name new CEO in early 2014

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Pictured: John Thompson, Microsoft. Source: Microsoft

18 December 2013

Microsoft won’t select and announce a new CEO this year, the director who leads the search said.

“I expect we’ll complete our work in the early part of 2014,” said John Thompson (pictured), the head of the four-man committee conducting the search, in a post to the company’s blog Tuesday.

The committee includes Thompson, until 2009 the CEO of Symantec; Chuck Noski, formerly of Bank of America; Seagate CEO Steve Luczo; and co-founder and chairman Bill Gates. Current CEO Steve Ballmer is also involved in the search.

Thompson also touted the breadth of the CEO search, saying the board had “cast a wide net across a number of different industries and skill sets,” then ticked off several statistics. “We identified over 100 possible candidates, talked with several dozen, and then focused our energy intensely on a group of about 20 individuals.”

The pool has shrunk since then, Thompson said, but he did not name a number. More than a month ago, Reuters reported that Microsoft had culled the list to a minimum of eight.

Microsoft was expected by many to move quickly to name a new CEO after the abrupt announcement in August by Ballmer that he would retire. Ballmer has denied that he was ousted, but comments Thompson made to the Wall Street Journal earlier this year showed that pressure had been exerted on Ballmer to either step up his game or get out of the way.

Thompson’s status update was unusual for Microsoft, which has been close-lipped about the CEO search. Last month, for instance, Gates talked about the process in the most general terms, but refused to discuss a timeline.

Jumping ship may be a tough decision for some execs: In late September, Microsoft revealed it had handed out millions in stock grants to eight men and women to ensure “continuity of key leaders during the transition to a new chief executive officer.” At the time, the grants were worth between $1.6 million and $19.9 million each, with COO Kevin Turner scoring the top award.

However, several of the widely-cited internal prospects, including Nadella and Tony Bates, the CEO of Skype before it was acquired by Microsoft and now the head of the business development and evangelism group, were not among the eight.

Analysts and pundits who bet that Microsoft would act this year, not next, based their opinions in part on Ballmer’s mistakes – being unable to successfully move Microsoft from the desktop to mobile was at the top of their lists – and a need for quick decisions to get the company executing the strategy Ballmer and the board have laid out to transition to a devices and services company.

This article originally appeared on ComputerWorld

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