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| Microsoft CEO |
Satya Nadella -- one of a small handful of alleged internal candidates for the Microsoft CEO job -- has been at the company for 21 years. Since 2011, he's been running Microsoft's lucrative server and tools businesses (His official title, as of the July 2013 reorg, is Executive Vice President of Cloud and Enterprise.)
For the last three years, Nadella, who is a member of Microsoft's senior leadership team, has reported directly to Ballmer.
While there are plenty of critics who've lambasted Ballmer for being slow to respond to changing industry dynamics -- of being a follower instead of a leader -- Nadella said he felt Ballmer struck a better balance than for what he's credited, in terms of cadence and priorities.
Ballmer "is perhaps one of the most grounded people I run across in this place around what our current realities are," Nadella told me during a sit-down interview in Building 34 in Redmond at the end of November, when I talked with him about outgoing Steve Ballmer's legacy.
Nadella recalled a performance review he had with Ballmer two or three years ago.
"I went to him and sort of said, 'Hey, you know, how am I doing?" The first thing he said is,'Dude, you're going to know it, I'm going to know it, so don't keep asking me. You know, we're all going to know what is happening because it's going to be in the air.'
"The second thing I asked him, 'Hey, what about all these past grades and how did they do? And how am I doing relative?'" Nadella said. "He said, 'Why does that matter? Look, this business is not about longevity of any idea. It's all about inventing new formulas. So the thing that I would want to really evaluate you on and I want you super focused on is not how I did or anyone else did with any opportunity we had, because that's not going to tell you anything about the future opportunity.'"
While Ballmer is extremely detail-focused, Nadella said there's never been a meeting win which Ballmer asked something like "have you optimized this CAL (client-access license) with this thing or what have you." Instead, it's "mostly all about what is the next play," Nadella said.
The notion is "there's nothing in this industry -- and definitely in this particular segment -- that's built to last," Nadella continued. "It's all about being able to reinvent yourself.
"And that, I think, is his lasting legacy," said Nadella of Ballmer. "As he would say, it's about batting averages. You're not going to take everything and be a hit. It's not like, oh, we have a great enterprise business. In fact, we have had many enterprise business births and deaths in his tenure."
In the enterprise specifically, Microsoft has evolved from a client-enterprise, to a client-server-enterprise, to a server-workload business. The current phase is cloud. But even that business-model and architectural shift has roots in the so-called Energizer project -- via which Microsoft's IT department provided customers directly with services starting back in 2005.
Nadella said Ballmer told him "all formulas have a timeline or a half-life. And if you don't sort of get focused on inventing the new formula at the right time, you're dead in this business."
At the same time, because everything about Ballmer's approach has been about the long-term, he hasn't been a leader who makes changes haphazardly.
Nadella cited device management as an example.
"There is a very important (management and security) construct called domain join we invented. You could say the IT folks may have misused it to screw up some of the experiences in some cases. But you don't throw the baby out with the bath water.
"You have to reimagine and build new constructs, which we have done with this workplace join," Nadella continued. But we also have to grandfather in other devices into this concept. That doesn't mean we somehow go away from speaking about the virtues. In fact, the fascinating thing that we're seeing now is customers are all realizing, in fact, even our competitors are realizing that this information assurance is probably what enterprises need. They can't willy-nilly let any device come into the enterprise, install any application with no data protection and no ability to test to the device state."
Nadella said Ballmer's often is the first to question new ideas. He cited Microsoft's Windows Intune device security and management service as an example. When Nadella first pitched Ballmer about the evolving bring-your-own-device (BYOD) dynamic and the need to repivot to become more of a cloud service for managing Windows and non-Windows, he got a lot of pushback from Ballmer about the branding, to the concept, to the business model. Why not just continue to rely on System Center, Ballmer wanted to know.
"You come up with an idea, he'll say, 'That's the dumbest thing.' Or, 'I don't buy that,'" Nadella said. "But with him, you've got to just keep going back. You keep going back."
This is a trait Ballmer shared with Chairman Bill Gates, Nadella said. (I can confirm it from an outsider perspective, having been on the receiving end of more than one "That's the stupidest question I ever heard" rants from Gates back when he was CEO.)
"They (Gates and Ballmer) yell at you, they'll scream at you, they'll sort of say you're crazy and you're destroying this place," Nadella said. "And all the melodrama aside, you come back at it with the data, with the -- with your own conviction, because a lot of that stuff is all to test whether you know what you're talking about."
The result: Ballmer may change his position. Sometimes in very big ways.
"I keep my score on that. And whenever he does, and he'll sort of say, 'Yeah, you were right.' And he'll move on," Nadella said.
Via: ZDNet
CEO - Microsoft - News
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CEO Marissa Mayer |
Yahoo confirmed the outage at the time but details were sketchy about what caused it or how many people were affected. Mayer’s post Friday sheds a little bit more light on the fiasco.
”Unfortunately, the outage was much more complex than it seemed at first, which is why it's taking us several days to resolve the compounding issues,” she wrote.
Yahoo’s Mail engineering team was alerted Monday night to a hardware outage in one of the company’s storage systems serving 1 percent of Yahoo’s users, she said. With around 100 million daily users, that implies about a million users may have been affected at the start of the week.
The Mail team immediately started working with storage engineers to restore access and move to back-up systems, expecting a full recovery by Tuesday afternoon, Mayer wrote Friday.
”However, the problem was a particularly rare one, and the resolution for the affected accounts was nuanced since different users were impacted in different ways,” she wrote.
For instance, some people saw an outdated “scheduled maintenance” page while trying to log in to their accounts, which was an incorrect message.
Stable by Friday
As of the post Friday afternoon, Mail had been restored to almost everyone, Mayer said, and the backlog of messages had been delivered. The company will continue to roll out IMAP access and restore people’s inboxes, including returning messages in folders and starring messages, she said.
”We’re going to be working hard on improvements to prevent issues like this in the future,” she said.
The problems are unfortunate, given how important Mail is to Yahoo. As one of its most prominent products, improving the service has been a focus to attract new users to the company.
Via : PCWorld
CEO - News - Yahoo
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| Qualcomm Chief Operating Officer Steve Mollenkopf speaks at the LG G2 smart presentation in New York August 7, 2013. |
Mollenkopf had been in line to eventually succeed CEO Paul Jacobs, the 51-year-old son of a Qualcomm co-founder, but that plan was sped up in order to keep the senior executive from leaving, Jacobs told Reuters in an interview.
"Our executives are very talented and very sought after," Jacobs said, when asked by Reuters whether the promotion was related to an offer from Microsoft.
On Thursday, Bloomberg News reported that Microsoft has been considering Mollenkopf as a candidate for CEO.
"He would have been an awesome (Microsoft) CEO," said FBR analyst Chris Rolland. "But Qualcomm didn't want to lose him, and it makes sense to me."
"If I were the son of a founder of a $130 billion company, I would want to make sure I have the top guy behind me - and Steve is definitely that guy," Rolland said.
Removing Mollenkopf from the shortlist of CEO candidates at Microsoft could complicate matters for its board. The company was down to a "handful" of candidates with no clear leader, sources familiar with the matter told Reuters this week.
Mollenkopf, 44, will take the reins in March, as Qualcomm faces a shift in smartphone growth away from the United States toward China, where it faces an antitrust investigation and where consumers often spend less on their phones.
Via : Reuters
CREDIT: REUTERS/BRENDAN MCDERMID
CEO - Microsoft - News - Windows
Microsoft is considering Qualcomm
chief operating officer Steve Mollenkopf as a candidate for its new
chief executive officer, Bloomberg News reported on Thursday, as it
reaches the final stages of a four-month search process.
The world's biggest software company is down to a "handful" of candidates with no clear leader, including a hitherto unconsidered technology executive, sources familiar with the matter told Reuters this week.
In the past few months, most attention has focused on Ford Motor Co CEO Alan Mulally, a friend of Steve Ballmer, Microsoft's current CEO who announced his plans to retire earlier this year. Mulally is credited with rescuing the beleaguered auto giant, but sources said an external tech executive is in the running, plus one or two internal executives.
Microsoft declined comment on its CEO search, and Qualcomm declined comment on Mollenkopf's potential candidacy.
People familiar with the process expect Microsoft to select a new CEO before the end of the year, although the committee formed to find Ballmer's successor gave itself 12 months to do its work when it was formed in August.
The world's biggest software company is down to a "handful" of candidates with no clear leader, including a hitherto unconsidered technology executive, sources familiar with the matter told Reuters this week.
In the past few months, most attention has focused on Ford Motor Co CEO Alan Mulally, a friend of Steve Ballmer, Microsoft's current CEO who announced his plans to retire earlier this year. Mulally is credited with rescuing the beleaguered auto giant, but sources said an external tech executive is in the running, plus one or two internal executives.
Microsoft declined comment on its CEO search, and Qualcomm declined comment on Mollenkopf's potential candidacy.
People familiar with the process expect Microsoft to select a new CEO before the end of the year, although the committee formed to find Ballmer's successor gave itself 12 months to do its work when it was formed in August.
CEO - Microsoft - News - Windows
India-born senior Microsoft executive Satya Nadella is among the top two likely candidates whose name is being considered for becoming the next CEO of the world’s biggest software company, replacing longtime chief executive Steve Ballmer.
Nadella is Executive Vice President for Cloud and Enterprise at Microsoft and was a member of the technology staff at Sun Microsystems before joining Microsoft. A native of Hyderabad, Nadella earned a bachelor’s degree in electrical engineering from Mangalore University, a master’s degree in computer science from the University of Wisconsin and a master’s degree in business administration from the University of Chicago.
A report in Wall Street Journal’s ‘All Things D’ blog said that Ford CEO Alan Mulally and Nadella are in the lead positions to take over as CEO of Microsoft. Mulally remains in the “pole position for the job, with the idea that he will be more a ‘caretaker’ type CEO, whose deep experience and inspirational charisma will get the company on the right path, while also training up a number of internal candidates to eventually takeover from him.
“The top pick among the possible heirs inside for that princeling role: Enterprise chief Satya Nadella,” it reported.
Source : Firstpost
Nadella is Executive Vice President for Cloud and Enterprise at Microsoft and was a member of the technology staff at Sun Microsystems before joining Microsoft. A native of Hyderabad, Nadella earned a bachelor’s degree in electrical engineering from Mangalore University, a master’s degree in computer science from the University of Wisconsin and a master’s degree in business administration from the University of Chicago.
A report in Wall Street Journal’s ‘All Things D’ blog said that Ford CEO Alan Mulally and Nadella are in the lead positions to take over as CEO of Microsoft. Mulally remains in the “pole position for the job, with the idea that he will be more a ‘caretaker’ type CEO, whose deep experience and inspirational charisma will get the company on the right path, while also training up a number of internal candidates to eventually takeover from him.
“The top pick among the possible heirs inside for that princeling role: Enterprise chief Satya Nadella,” it reported.
Source : Firstpost
CEO - Microsoft - Windows
Microsoft appears to be narrowing its CEO search even further. The software maker previously reportedly shortlisted Ford CEO Alan Mulally, former Nokia CEO Stephen Elop, Microsoft cloud boss Satya Nadella, and former Skype president Tony Bates. Bloomberg News now reports that Microsoft’s board is focusing on Mulally and Nadella. Bates and Elop are said to remain potential candidates, but they’re both "less likely" to be offered the position.
While Mulally appears to be the favorite to succeed Microsoft CEO Steve Ballmer, recent speculation suggests that the 68-year-old could be more of a "caretaker" CEO to guide Microsoft in the right direction before an internal candidate is ready to take over. Ford continues to dismiss the Mulally rumors. "There is no change from what we announced last November," said a Ford spokesperson in a statement issued to Bloomberg News. "Alan remains completely focused on executing our One Ford plan. We do not engage in speculation."
Elop reportedly open to killing Bing and selling Xbox
Elop had been considered a strong favorite, with recent speculation suggesting he would consider a strategy shift at Microsoft if he secured the CEO position. Elop’s potential strategy is said to involve maximizing sales of Office instead of using it to push Windows PC and tablet sales — pushing Office on rival iOS and Android platforms. Bloomberg News also previously reported that Elop would be willing to shut down or sell some major Microsoft businesses. Elop would reportedly considering killing off the company’s Bing search engine, while contemplating selling the Xbox business. Both suggestions seem unlikely considering how closely Microsoft is integrating Xbox and Bing into its various products.
Via: Yahoo News
CEO - Microsoft - News
Wal-Mart Stores named the head of its international division, Doug McMillon, to replace Chief Executive Mike Duke, who will retire on January 31 after five years at the helm of the world's largest retailer.
McMillon, a 47-year-old Wal-Mart veteran, will take charge after the holiday shopping season at a time when the company is facing intense competition from dollar stores and other discounters, such as Target Corp .
"McMillon was responsible for the growth area for Wal-Mart - international sales - and that's why he got the nod," said Walter Loeb, president of retail consultancy Loeb Associates.
Wal-Mart, whose shares rose 0.5 percent in early trading, has missed Wall Street estimates for U.S. comparable sales for three quarters in a row.
McMillon, currently CEO of Wal-Mart's second-largest operating unit, will start in his new role on February 1, the company said in a statement on Monday.
Originally from Jonesboro, Arkansas, McMillon joined Wal-Mart in 1984 as a summer employee in a distribution center. After studying for an MBA degree, he rejoined the company in a Tulsa, Oklahoma store in 1990.
He was promoted to his current role as head of Walmart International in January 2009. Prior to that, he was president and CEO of the company's retail warehouse chain, Sam's Club.
"McMillon has done just about every job there is (at Wal-Mart)," said Joe Feldman, analyst with Telsey Advisory Group.
"He's a good fit culturally and, as a young 47-year-old, there's an opportunity to be there for a long time," he said.
Duke, 63, will continue as chairman of the executive committee of the board and stay on as an adviser to McMillon for a year.
During his five-year tenure as chief executive, Wal-Mart's share price has risen by just over half, underperforming a more-than doubling of the S&P 500.
Duke's salary for the fiscal year ended January 31, was $1.3 million, while his total remuneration was $20.7 million, according to a regulatory filing in April. McMillon's total compensation for the period was $9.6 million.
Wal-Mart did not give details of his future salary as CEO.
Wal-Mart shares were up 0.49 percent at $80.20 in early trading on the New York Stock Exchange.
Source : Reuters
CEO - News
Acer's been on a quest to reinvent itself pretty much since the sunset of the netbook era — which both fuelled the Taiwanese company's rapid growth and left it floundering when consumers moved on to other devices. Most recently, CEO and chairman J.T. Wang announced his resignation, expressing regret at having failed to turn the company's fortunes around. Only a couple of weeks after that news comes word of even more momentous change for Acer: founder Stan Shih is taking over the chairman and president roles with immediate effect.
Jim Wong, who had been occupying the president's seat up to this point, was slated to take over from Wang as CEO from the start of next year — but now Acer is completely scrapping the CEO position and concentrating decision making power in Shih's hands. Acer's press release states that Wang and Wong will be retained as "advisors to ensure a smooth transition." The former CEO duties will be handed off to either the chairman or president, which Acer expects will "boost the company's decision making efficiency." That will undeniably be true in the initial stages when Shih will fill both roles, though he's only going to be interim president — the role will be filled permanently as soon as a suitable candidate is identified. Fellow Acer co-founder George Huang is also joining the management team.
REARRANGING THE BOARDROOM CHAIRS
In the wake of the November 5th restructuring, Huang and Shih had been charged with heading up a committee to recommend a future direction for Acer, proposing changes in its "vision, strategy, and execution plans." Evidently, their conclusion has been that the only way to steady the ship is to take a more hands-on approach to managing the company. Stan Shih, who'll be working without recourse to a salary, describes today's changes as essential: "due to the situation that now faces Acer and my personal social responsibilities, I must stand up and take the reign."
Via: The Verge
Acer - CEO - News
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