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Steve Ballmer

Steve Ballmer

Steve Anthony Ballmer
Born March 24, 1956 (1956-03-24) (age 51)
Flag of the United States Detroit, Michigan
Occupation CEO, Microsoft
Net worth $15 billion USD (2007)
Website Staff Bio at microsoft.com

Steven Anthony Ballmer (born March 24, 1956) is an American businessman and has been the chief executive officer of Microsoft Corporation since January 2000.[1]

Ballmer is the second person after Roberto Goizueta to become a billionaire in U.S. dollars based on stock options received as an employee of a corporation in which he was neither a founder nor a relative of a founder. In Forbes 2008 World's Richest People ranking, Ballmer was ranked the 43rd richest person in the world, with an estimated wealth of $15 billion.

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[edit] Family

On October 2, 2006, Ballmer was awarded honorary citizenship of Lausen, Switzerland. His father, Frederick Ballmer, who emigrated to the US at the age of 23 as "Hans Friedrich Balmer", was a citizen of the same municipality.[2] His father worked as a manager at Ford Motor Co.

Ballmer married Connie Snyder, who worked in Microsoft's public relations agency, and has three children. His wife is the aunt of former major league baseball player Ben Petrick.

[edit] Pre-Microsoft

Steve Ballmer was born March 24, 1956 and grew up near Detroit, Michigan.

In 1973, he graduated from Detroit Country Day School, a high school, and now sits on its board of directors.[3]

In 1977, he graduated from Harvard University [4]with a bachelor’s degree 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, the current CEO of General Electric.[citation needed]

In 1980, he dropped out from the Stanford University Graduate School of Business.[citation needed]

[edit] Microsoft career

Steve Ballmer joined Microsoft on June 11, 1980, and later succeeded Bill Gates as CEO.[5]

Ballmer is currently the longest-serving employee of Microsoft after Gates[citation needed] and 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.[1] As CEO Ballmer handles company finances, however Gates still retains control of the "technological vision".

In 2003, Ballmer sold 8.3% of his shareholdings, leaving him with a 4% stake in the company.[citation needed] The same year, Ballmer replaced Microsoft's employee stock options program, which had been instrumental in making early employees millionaires.[6]

[edit] Public persona

[edit] Viral videos

Footage featuring Ballmer's flamboyant stage appearances at Microsoft events have been widely circulated on the Internet, becoming what are known as "viral videos". The most famous of these is commonly titled "Dance Monkeyboy", it features Ballmer dancing and hopping around while verbally screeching and screaming erratically on a stage for about 45 seconds after being introduced at a Microsoft employee convention. Another video, captured at a developers' conference, featured a visibly sweat-drenched Ballmer chanting and shouting the word "developers" fourteen times in front of a gathering of Microsoft associates. In March of 2008, Ballmer was once again captured on video, this time at the MIX Conference, when independent developer and blogger Rafael Rivera got on the question mic to ask Ballmer if he would show some love for web developers. In response, Ballmer stood up and shouted "web developers" three times for a cheering audience, followed by asking Rafael's fellow blogger Bryant Zadegan for fifty cents.

[edit] On competition

[edit] Linux

Ballmer is also known as a vocal critic of competing companies and their products. He has referred to the free Linux software system as a "[…] cancer that attaches itself in an intellectual property sense to everything it touches."[7] and earlier described it as having "[…] characteristics of communism that people love so very, very much about it."[8]

[edit] Lucovsky / Google

In 2005, Mark Lucovsky alleged in a sworn statement to a Washington state court that Ballmer became highly enraged upon hearing that Lucovsky was about to leave Microsoft for Google, picked up his chair and threw it across his office. Referring to Google CEO Eric Schmidt (who previously worked for competitors Sun and Novell), Ballmer allegedly said, "Fucking Eric Schmidt is a fucking pussy. I'm going to fucking bury that guy, I have done it before, and I will do it again. I'm going to fucking kill Google," then resumed trying to persuade Lucovsky to stay at Microsoft.[9][10] Ballmer has described this as a "gross exaggeration of what actually took place."

[edit] Sports

On March 6, 2008 Seattle's Mayor announced that a local ownership group involving Microsoft CEO Steve Balmer made a "game changing" commitment to invest $150 million in cash towards a $300 million renovation of Key Arena and are ready to purchase the Seattle Supersonics in order to keep them in the City of Seattle. [11] Balmer would join fellow Microsoft Billionare Paul Allen (owner of the Portland Trailblazers) as an NBA owner.

[edit] Media Portrayals

[edit] Notes

  1. ^ a b Steve Ballmer: Chief Executive Officer. Microsoft (March 1, 2005).
  2. ^ Galli, Hans. "Die Zukunft von PC und Internet", Der Bund, Der Bund, 2007-10-05. Retrieved on 2007-10-12. (German) 
  3. ^ Board of Trustees of Detroit County Day School. Retrieved on November 14, 2007.
  4. ^ "Microsoft’s Ballmer Makes His Pitch", Harvard Business School Alumni Bulletin. 
  5. ^ Information for Students: Key Events In Microsoft History (doc). Microsoft Visitor Center Student Information. Retrieved on 1 October 2005.
  6. ^ Fried, Ina. "Microsoft to award stock, nix options", CNet, 2003-07-08. Retrieved on 2006-12-03. 
  7. ^ Wilcox, Joe; Stephen Shankland. "Why Microsoft is wary of open source", CNet, June 18, 2001. Retrieved on 2007-01-26. 
  8. ^ Lea, Graham. "MS' Ballmer: Linux is communism", The Register, 31 July 2000. Retrieved on 2007-01-26. 
  9. ^ John Battelle (September 2, 2005). Ballmer Throws A Chair At "F*ing Google". John Battelle's Searchblog. Retrieved on 2008-01-06.
  10. ^ "Microsoft CEO: 'I'm going to f---ing kill Google'", Sydney Morning Herald, September 3, 2005. Retrieved on 2007-02-01. 
  11. ^ http://www.seattle.gov/news/detail.asp?ID=8243&dept=40
  12. ^ Maccoby, Michael. "Narcissistic Leaders: The Incredible Pros, the Inevitable Cons". Harvard Business Review (January-February 2000): pp. 76. “Bill Gates can think about the future from the stratosphere because Steve Ballmer, a tough obsessive president, keeps the show on the road.”

[edit] External links

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