We’re nearing the end of 2013 and many would have liked Microsoft to name a new CEO by now. It was in August that Steve Ballmer announced his plans to step down within the next 12 months. Microsoft’s board of directors is hard at work finding their next CEO and have released an update on their progress.
Joel Thompson, Microsoft board member and the member on the board leading the CEO search, released a statement on the Official Microsoft Blog. In it he details and shares the progress the search committee has made so far and their upcoming plans.
Microsoft started out identifying over 100 possible candidates. As you can expect, that list narrowed over the past few months. Out of those 100-something candidates, they talked to several dozen and then focused their energy and attention on about 20 candidates. As the group of 20 individuals narrowed, Microsoft’s research and investigation intensified into the candidates. Speaking on the process, Thompson says:
“Microsoft has had only two CEOs in its 38-year history. As a Board, we are determined and confident that the company’s third CEO will lead Microsoft to renewed and continued success. We’re looking forward to 2014 and the opportunities and decisions that lie ahead.”
Microsoft has no plans to announce a new CEO before the end of 2013, but expects to complete their work in early 2014.