“Chairman and co-founder Bill Gates isn’t the only one on his way out at Microsoft. Business division President and long-time Microsoft employee Jeff Raikes is retiring in September, being replaced by Stephen Elop, the now former chief operating officer of Juniper Networks. Raikes’ last hurrah as business division president will be next month’s launch of Windows Server 2008, SQL Server 2008, and Visual Studio 2008. He’s one of Microsoft’s longest serving employees, having joined the company in 1981 as a product manager. “I’ve had an incredible journey here at Microsoft,” Raikes said in a statement. “Given the success of our business and the depth of leadership we have in place, the time is right to leave the business in the capable hands of our new generation of leaders.” Raikes looked like a potential successor for Microsoft CEO Steve Ballmer, should he retire, having helped grow the Office brand in Microsoft’s early days and, more recently, turned Microsoft’s business division into a cash cow. Raikes has overseen a doubling of Microsoft business division’s annual revenue, including 21 consecutive quarters of double-digit growth in the company’s Server and Tools Business. Replacing Raikes, Elop brings formidable technology experience to Microsoft. In addition to serving as Juniper’s COO, Elop was president of Adobe’s worldwide field operations after a stint as Macromedia’s CEO. “
http://news.yahoo.com/s/cmp/20080111/tc_cmp/205602415
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This post was written by techhair on January 11, 2008
