Thursday, April 18, 2013

CFO Out at Microsoft but Ballmer Still Remains!

Well its rats off the sinking ship time at MSFT.

Microsoft said on Thursday that Chief Financial Officer Peter Klein was leaving the company, as it struggles with sharply declining personal computer sales and a lukewarm reception for its new Windows 8 operating system. 

Klein, an 11-year Microsoft veteran with 3 1/2 years as CFO, is the latest in a line of top-level executives to leave the company, following Windows head Steven Sinofsky last November. Some have questioned whether Chief Executive Steve Ballmer is still the right leader for Microsoft, whose shares have remained essentially flat for the last decade.

There is nothing like a decade of being in a trading range. I think Ballmer has family members of the MSFT board of directors being held hostage in an undisclosed location or something. A decade of being late to nearly every party should have cost this guy his job when the Zune was a dismal failure.

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