Microsoft has announced today that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months. This will of course take place upon the completion of a process to choose his successor as CEO of the company. In the meantime, Ballmer will continue as CEO and lead Microsoft through the next steps of its transformation to a devices and services company.
Intel Corporation today announced that the company’s president and CEO, Paul Otellini, has decided to retire as an officer and director at the company’s annual stockholders’ meeting in May, starting an orderly leadership transition over the next six months. Otellini’s decision to retire will bring to a close a remarkable career of nearly 40 years of continuous service to the company and its stockholders.