Microsoft: No Update on CEO Search

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There is one key question on the minds of Microsoft watchers: Who will be the company’s next chief executive?

Asa Mathat / AllThingsD.com

But, as it kicked off its first financial analyst meeting in two years, Microsoft had little to say beyond the fact that it continues the search process it outlined when it announced that Steve Ballmer planned to step down within the next 12 months.

“There will be no update on this today,” CFO Amy Hood said at the outset of the company’s financial analyst meeting. The event, taking place in Bellevue, Wash., is closed to reporters but is being Webcast.

Following Hood are COO Kevin Turner, followed by a panel of engineering leaders and then CEO Steve Ballmer. Finally, Hood is expected to detail changes to the company’s reporting segments. AllThingsD will have continuing coverage through the end of the meeting at 5 pm PT.

“While this business faces some headwinds with the PC business … we have a full transition that is under way,” Turner said, beginning his talk.

1:16 pm: Turner breaks down Microsoft’s business these days. 55 percent enterprise, 19 percent computer makers, 6 percent small and mid-size business and consumer and online 20 percent.

As for the company’s …read more

Source: Shared News

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