Monday, October 26, 2009

Steve Ballmer, Microsoft career

Steve Ballmer was born March 24, 1956, to a Swiss-American father and a Jewish-American mother whose family came from the Eastern European city of Pinsk (today in Belarus). He grew up in Farmington Hills, Michigan. In 1973, he graduated from Detroit Country Day School, a high school, and now sits on its board of directors. In 1977, he graduated magna cum laude from Harvard University with a B.A. in mathematics and economics. While in college, Ballmer managed the football team, worked on The Harvard Crimson newspaper as well as the Harvard Advocate, and lived down the hall from fellow sophomore Bill Gates. He then worked for two years as an assistant product manager at Procter & Gamble, where he shared an office with Jeffrey R. Immelt, who would later become CEO of General Electric.In 1980, he dropped out from the Stanford University Graduate School of Business to join Microsoft.


Ballmer joined Microsoft on June 11, 1980 and became Microsoft's 24th employee, the first business manager hired by Gates.[citation needed] He was initially offered a salary of $50,000 as well as a percentage of ownership of the company. When Microsoft was incorporated in 1981, Ballmer owned 8 percent of the company. He has headed several divisions within Microsoft including "Operating Systems Development", "Operations", and "Sales and Support." In January 2000, he was officially named chief executive officer. As CEO Ballmer handled company finances, however Gates still retained control of the "technological vision." In 2003, Ballmer sold 8.3% of his shareholdings, leaving him with a 4% stake in the company.The same year, Ballmer replaced Microsoft's employee stock options program.

In 2009, and for the first time ever, he made the opening keynote at CES, since Bill Gates left Microsoft.
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