Confronted with murmurings about his lacklustre leadership of Microsoft, Steve Ballmer defiantly proclaimed he would stay until 2018. That was wishful thinking, says WSJ.com. Still, he got “one heckuva retirement gift”: shares jumped nearly 9% on news of his pending departure, pushing up his wealth by $1bn. His fate now is to endure an interminable debate about whether he was responsible for Microsoft’s “lost decade” (see below).
It’s said that if [...]
Want to read this article now?
Already a MoneyWeek subscriber? Please log in below.
Not a subscriber? Sign-up now for a 4 week FREE trial to get instant access.