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[HP] Influential Hedge Fund Manager Calls for Steve Ballmer to Step Down

post #1 of 19
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Huffpost Tech
Quote:
Originally Posted by Source
Influential hedge fund manager David Einhorn has called for Microsoft Corp Chief Executive Steve Ballmer to step down, saying the world's largest software company's leader is stuck in the past.

"His continued presence is the biggest overhang on Microsoft's stock," Einhorn said in reference to Ballmer.

The comments by outspoken Einhorn, who made his name warning about Lehman Brothers' financial health before the investment bank's collapse, are the most pointed yet from a high-profile investor against Microsoft's leadership.
I wish more people would step up and express what needs to be done. I can't stand Ballmer, I don't understand why they'd put someone like him in charge.
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post #2 of 19
Can you say no to a big, burly and sweaty man like Balmer?

post #3 of 19
I think Ballmer has a lot of passion for the company and is probably a decently savvy business man. He just shouldn't be in charge of their product portfolio or anything that goes in or out of it. They have actually executed very well with Windows 7 and WinPhone 7, but they are playing catch up so it isn't nearly as impressive.
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post #4 of 19
Developers, developers , developers , developers , developers , developers.
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post #5 of 19
Not like hes going to listen to him anyways. Maybe he thinks he can do better? lol
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post #6 of 19
Quote:
Originally Posted by dopamin3 View Post
developers, developers , developers , developers , developers , developers.
developers!!! Developers!!! Developers!!! Developers!!! Developers!!! Developers!!! Developers!!!
Edited by redfroth - 5/31/11 at 3:39pm
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post #7 of 19
If I was him I'd step down. Hell, he's already made such an impact on the company as a whole, and I'm sure he's rolling in cash. What's left for him to do? He needs to hand the reigns to a new person.
post #8 of 19
That article summed up what's wrong with American business in its first four words.

Quote:
Influential hedge fund manager
Financial analysts don't know or care what's best for a company; their only concern is what could be changed in the short term to inflate a company's stock price. Long-term planning, compensating employees, creating a positive work environment -- these ideas are anathema to the Wall Street profiteer, who wants management that caters to HIM.

Here's a better idea, Microsoft:
1) Tell David Einhorn to get bent.
2) Wait for Einhorn to throw a tantrum and drive MSFT's price down.
3) Start buying back the stock (including all of Einhorn's shares) at the lower price.
    
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post #9 of 19
I dont have anything against Ballmer but I dont think microsoft could use some stronger leadership.
    
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post #10 of 19
It's all thanks to Ballmer, that Microsoft is where it is. He is has one of the brightest business mind I've ever seen. His enthusiasm is welcomed.
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