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Steve Ballmer, CEO of Microsoft. (Photo credit: Wikipedia)

Steve Ballmer is departing as the CEO of Microsoft.

This announcement shouldn’t come as a great shock to anyone in the tech industry. Steve Ballmer is one of the original members of the Microsoft team headed by Bill Gates.  Bill Gates handed over the chief executive title to Ballmer in 2000. There were times afterward where Gates sought to retain his power within the company.

The company hasn’t seen real growth since the departure of Mr. Gates and investors are not bashful in expressing their satisfaction at the announcement of Mr. Ballmer leaving within 12 months. During the time of his tenure, several major business opportunities were lost, including Expedia which started from within the company and was allowed to go out on its own. Apple computer took over the lead in market valuation during his tenure.

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