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Steve Ballmer, chief executive officer of Microsoft Corp., confirmed in an interview that he and the board of directors consider Stephen Elop, a former chief executive officer of Nokia Corp. who is believed to be responsible for the company’s dramatic decline of market share. Last week bookmakers assumed that Mr. Elop has the highest chances to become the next CEO of Microsoft.

With the acquisition of mobile phone and smartphone business from Nokia, Stephen Elop will rejoin Microsoft by the end of the first quarter of 2014 as a vice president and will therefore become an internal candidate to come to be the next chief exec of the software giant. In many ways, his career will depend on how successfully he and his colleagues integrates what remains of Nokia’s team into Microsoft.

“Stephen will go from external [candidate] to internal. The board will continue [to look at] all appropriate candidates through that process,” said Mr. Ballmer in an interview with the Seattle Times.

Last week Ladbrokes, the largest betting company in the UK and the largest retail bookmaker in the world, has published its official odds in the race to run the world’s largest software development. The top three favourites are Stephen Elop (at 5/1), Stephen Turner (6/1) and Steve Sinofsky (8/1). All three are either current (like Stephen Turner, who is COO of Microsoft) or former employees of Microsoft.

Microsoft’s next chief executive needs to finalize ongoing transitions, e.g., focus on creating a family of devices, services and programs for individuals and businesses. Jon Peddie, the head of Jon Peddie Research, believes that Microsoft does not necessarily require a new visionary – like Bill Gates – on the role of chief executive officer, but rather needs a business executive who will recognize potentially profitable products and technologies at the early stages of development and will not hold the company back.

Stephen Elop most recently was the head of a hardware company, but he does have experience of working at the software giant. Theoretically, Mr. Elop could lead Microsoft to develop hardware products that will be competitive on the market, but will fiercely compete against existing customers of Microsoft. Several big caveats that Mr. Elop has is that his current team has not developed a single truly popular product during his tenure at Nokia, just like his Microsoft colleagues he missed the rise of media tablets (and will likely miss the emergence of wearable computing gadgets) and he also picked up the least competitive mobile operating system (Windows Phone) for Nokia.

Microsoft said its current chief executive Steve Ballmer will retire within the next twelve months. The company vows to find the replacement before Mr. Ballmer leaves.

Tags: Microsoft, Nokia, Business, Windows

Discussion

Comments currently: 7
Discussion started: 09/04/13 04:14:02 PM
Latest comment: 09/05/13 08:21:30 PM
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1. 
You can just imagine the under the table horse trading that's been going on for months.
Elop to Ballmer: "I'll sell you Nokia only if you appoint me CEO... and you have to come to work for a week with the word 'Dickhead' written on your bald head".
1 1 [Posted by: linuxlowdown  | Date: 09/04/13 04:14:02 PM]
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- collapse thread

 
oops 18+ comment but suits well.........
0 0 [Posted by: mudi1  | Date: 09/04/13 09:04:08 PM]
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Kids shouldn't be on this website, as much as I argue with them.
1 1 [Posted by: linuxlowdown  | Date: 09/05/13 08:21:30 PM]
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2. 
He ruined Nokia... and he is promoted! Wow!
1 0 [Posted by: Zingam  | Date: 09/04/13 06:58:38 PM]
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3. 
as a microsoft guy hats off to respected mr. elop he did even better than what anyone can expect.

just for reference-
google buy motorola(2011) 12.5 billion $.
Nokia buys NAVTEQ (2007) 8.1billion $
Microsoft buys Skype (2011) in 8.5billion $
whole nokia including handset division to navigation+siemens leading edge network only for 7.1 billion$(nokia's navigation and communication costs around 10.3 billion $)

surly mr. elop is the best candidate on earth for MS CEO. just bcoz of elop, MS bought 20+ billion $ company at 1/3rd of price.

and at last for nokia shareholders the best possible gift is - shoes yes they should beaten by shoes........and just shoot mr. elop by rubber bullets .
i told 2 years back that he is MS guy and in 2013 he will sell nokia at cost of not more than junk and see .........
1 0 [Posted by: mudi1  | Date: 09/04/13 09:16:02 PM]
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Navigation/data/Siemens did not go to MS as part of the deal. Just handset/hardware and a bunch of mobile patents. For example, the Here brand name will remain as part of nokia. MS will pay Nokia an additional amount to license that software.
0 0 [Posted by: KeyBoardG  | Date: 09/05/13 12:59:38 AM]
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4. 
shameful-

persons like elop are shame for humanity, why elop joined nokia why??
our company is like our nation,our family,our mother who give us financial protection,self-respect, meaningful life , a target to achieve .our company not gives a job only, it gives us entire life.

today just bcoz of elop nokia is like crying raped helpless woman and elop did it with own company, own family.

elop said nokia is not using android coz of samsung right.....just for one day just one day launch lumia 520 with jelly bean and see it will break all records if i am wrong change my name.

peoples like elop are worst creature of world there is no suitable abusive word for such person.

elop when u will die sure u will remember this moment how u ruined such a beautiful company,not only a company u ruined thousand of life, workers of nokia who lost their job just coz of your personal profit.

now i will never buy any nokia product in my life tribute to those workers,, this is really a heart-touching moment for me.

shame on u elop shame on u..

my frnd is in nokia and he is also going to resign
5 0 [Posted by: mudi1  | Date: 09/04/13 10:08:36 PM]
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