Ballmer retiring within 12 months, Microsoft +8.1% premarket

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Steve Ballmer will retire as Microsoft's (MSFT) CEO within 12 months.

Ballmer, a frequent target of criticism from Microsoft shareholders, particularly over his company's online and mobile shortcomings, had suggested in the past he would retire in the 2017-2018 timeframe.