Leader of Microsoftâs Office Business Is Retiring
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Jeff Raikes, a 26-year veteran of Microsoft, plans to retire later this year and the company announced that it was reaching outside its ranks for his successor.
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Stephen Richards will retire from his positions as chief operating officer and chief financial officer.
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Office Depot Inc., the world&#39;s No. 2 office-supplies retailer, removed its chairman and chief executive, Bruce Nelson, after sales declined at its older stores in 14 of the past 16 quarters.
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Software maker plans to move leaders in its Windows, Windows Live, and Windows Mobile units. Executives leaving the company include two prominent outside hires.
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Office software exec will retire in September Jeff Raikes, head of Microsoft's Office software business is stepping down after 26 years with the company.â¦
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Microsoft confirmed on Tuesday that a long-standing and influential member of the Windows OS team has left, one of several recent and imminent executive departures that together represent a changing of the guard at the company.Rob Short, former corporate vice president of the Windows Core Technology group, left the company last month, according to a spokeswoman from Microsoft&#39;s public relations firm.Short had helped develop the Windows OS at Microsoft since joining the company in 1988. He was on the original Windows NT development team, which did some of the early work to optimize Windows for the PC architecture. Most recently, Short and his team were responsible for the design, development and testing of the core components of Windows.News of Short&#39;s departure follows the announcement last week that&#160;Jeff Raikes, head of Microsoft&#39;s Business Division, will leave the company in September. Raikes is one of the company&#39;s top executives, overseeing Office and all of Microsoft&#39;s business products. Microsoft has appointed Stephen Elop, a former executive at Juniper Networks, Macromedia and Adobe, to succeed him.At the same time Microsoft unveiled Raikes&#39; departure, it also said that&#160;Bruce Jaffe, corporate vice president of corporate development, will leave at the end of next month. Charles Fitzgerald, Microsoft&#8217;s general manager of platform strategy, also plans to leave the company in the next month or so, Microsoft has confirmed.When Microsoft Chairman and founder Bill Gates leaves his day-to-day activities at Microsoft midyear, he will leave behind an executive staff that looks vastly different from how it did a few years ago -- which may not be such a bad thing, considering the 33-year-old company aims to generate more revenue from newer business models and technologies.&quot;It is interesting that the company so far seems to have had some successful outside hires [when it&#39;s] had a reputation in the past of chewing them up and spitting them out,&quot; said Rob Helm, an analyst with Directions on Microsoft.However, he noted that the departing Raikes was instrumental in transitioning Office beyond a mere set of desktop applications to become a bona fide business collaboration suite. So it hasn&#39;t necessarily been the Microsoft long-timers that have prevented the company from evolving beyond its core businesses, Helm said.&quot;If Microsoft is moving too slowly in the Web-based world it&#39;s not necessarily because the old guard is holding it back,&quot; he said. &quot;It may be more a matter of the sheer size of the company and the inherent difficulty of turning a ship that big.&quot;Apart from CEO Steve Ballmer and Robbie Bach, president of Microsoft&#39;s entertainment and devices division, many of the company&#39;s other top executives have joined the company in the past three years. They include the man widely seen as Gates&#39; successor, Chief Architect Ray Ozzie, who joined Microsoft in 2005. Kevin Turner, Microsoft&#39;s chief operating officer, and Steve Berkowitz, senior vice president of Microsoft&#39;s Online Services Group, also joined the company that year. And Raikes&#39; replacement, Elop, won&#39;t start at Microsoft until the end of the month.
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In a surprise move, the leader of Microsoft Business Solutions (MBS) Doug Burgum said Tuesday he plans to leave Microsoft Corp. at the end of June 2007.
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Chad Gifford, one of Boston's most visible business leaders, said yesterday he would retire as chairman of Bank of America Corp. , just one year after selling the region's largest bank to executives in North Carolina.
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Just before his farewell CES keynote speech, Microsoft's chairman reflects on Redmond's rivals and the changing face of Windows. Photos: Gates' last call at CES?
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(InfoWorld) - In a surprise move, the leader of Microsoft Business Solutions (MBS) Doug Burgum said Tuesday he plans to leave Microsoft Corp. at the end of June 2007. Satya Nadella replaces Burgum as senior vice president of MBS effective immediately, though Burgum will remain on in his current role for the next nine months to ensure Nadella's transition is a smooth one. Nadella is currently the head of research and development for MBS and its Dynamics suite of business applications. In November 2005, Burgum and Jeff Raikes, president of the Microsoft Business Division, announced they were looking for a successor for Burgum, who joined the company when Microsoft acquired Great Plains Software Inc. in April 2001 and has been instrumental in reshaping the company's ERP (enterprise resource planning) and CRM (customer relationship management) applications business. However, at the time Burgum said his intention would be to remain at the company as chairman of MBS. On a conference call Tuesday, Burgum said he decided last Friday after talking with Raikes to leave the company instead, in part because he makes his home in Fargo, North Dakota, and has no plans to move to Microsoft's headquarters in Redmond, Washington. "I have personal constraints relative to geography," Burgum said. "I always felt this was a job that needs to be done full time in Redmond and not by someone who is commuting." Burgum said he has given "little or no thought" to what he will do once he leaves Microsoft, and that for now his focus is on "driving the MBS business moving forward." While Microsoft originally said the search for Burgum's successor would be an external one, Raikes said the company ultimately choose Nadella after reviewing external candidates because he is "the best person for the job." Nadella has been with Microsoft since 1992, and he joined the MBS unit in 2001. Prior to his current position, he led the global development team for Microsoft's Dynamics, which is located in Copenhagen, Denmark; Hyderabad, India; Fargo; and Redmond. Before joining MBS, Nadella held several marketing, product development and general management roles, which include launching and leading the Microsoft bCentral small business online service and acting as general manager for the Commerce Platforms Group. In the latter position, Nadella led the development efforts for Microsoft Commerce Server and Microsoft BizTalk Server. In fiscal 2006, which ended June 30, MBS revenue grew 17 percent, and achieved profitability ahead of analyst expectations, Raikes said Tuesday. He attributed the business' strength to Burgum's influence. "The MBS business is in great shape because of the role Doug played in getting us there," Raikes said. Both Raikes and Nadella said they are bullish about sustaining MBS profitability and achieving more growth in fiscal 2007.
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The chief executive of Microsoft Corp's  Greater China business, Chen Yongzheng, has resigned, the world's largest software maker said on Wednesday.
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The Microsoft executive who had led the effort to close the gap on Google is leaving the company.
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Doug Burgum, Microsoft Business Solutions group senior vice president, is stepping aside, turning over his duties to corporate vice president Satya Nadella.
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Office-supply retailer OfficeMax  Inc. OMX.N said on Wednesday the president of its retail  division has resigned, but said his departure was unrelated to  a probe into improper billing.
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Charles E. Williams, the controversial chief of the State Department's embassy-building program, announced his retirement yesterday, effective at the end of the month.
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TechWeb - Bryan Lee, who came to Microsoft to run business development for the Xbox, is retiring to pursue personal interests.
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ST. LOUIS -- May Department Stores Co. said Tuesday that the president of its newly acquired Marshall Field&#39;s chain of department stores will retire at the end of this year.