Tuesday, May 15, 2012

Microsoft s infamous Steve Ballmer named worst CEO by Forbes


Forbes (via BGR) has ranked Microsoft’s infamous Steve Ballmer as the worst CEO of any publicly traded company “without a doubt”. I’m sure you all know Ballmer, the tall, sweaty man who loves to yell things like “c’mon!” and the classic “developers, developers, developers”. Ballmer was put into the role of Microsoft CEO during 2000 and is ranked as the 19th richest man in the world. However, like Forbes mentions, this man could be blamed for a lot of Microsoft’s issues like being slow to act in emerging markets, most namely smartphones.

“Although he’s #19 on Forbes list of billionaires, Mr. Ballmer should not be allowed to take such incredible risks with investor money and employee jobs.  Best he be retired to enjoy his fortune rather than deprive investors and employees of building theirs.”
At the time of the iPhone’s launch in 2007, Ballmer and other Microsoft execs didn’t feel threatened by it. Now look at who’s on top. Ballmer’s glory also came around the time of  Windows Vista — which was plagued by issues — and let OS X Leopard push Macs where they are today.

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