Blake Snow

writer-for-hire, content guy, bestselling author

As seen on CNN, NBC, ABC, Fox, Wired, Yahoo!, BusinessWeek, Wall Street Journal
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Tagged stagnation

When success turns stale: This is what old guard feels like

Microsoft

Microsoft

After failing to reverse the declining fortunes of the fourth largest company in the world, outgoing Microsoft boss Steve Ballmer teared up this week in his exit interview with WSJ.

“Maybe I’m an emblem of an old era, and I have to move on,” he said. “As much as I love what I’m doing, the best way for Microsoft to enter a new era is with a new leader.”

That must be an incredibly difficult thing to admit. I respect that. To ease his pain, Ballmer gets $18 billion in retirement. Pity him.