Microsoft chief Steve Ballmer to step down
Microsoft's chief executive Steve Ballmer is to retire within the next 12 months, once the company has found a suitable successor.
![](/media/mfbhybyq/steve-ballmer-microsoft.jpg?width=1002&height=564&bgcolor=White&v=1d9d7640b177b50)
"There is never a perfect time for this type of transition, but now is the right time," Ballmer said in a statement. "We need a ceo who will be here longer term for this new direction."
Ballmer is currently overseeing the transformation of Microsoft into a devices and services company.
A special committee has been set up to find his replacement, which includes Microsoft founder Bill Gates.