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Microsoft CEO Steve Ballmer to retire in next 12 months

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Developers! Developers! Developers! Live it up, folks. Get as much Ballmer as you can because the Microsoft CEO is stepping down and retiring in the next 12 months. The company fired out a press release today detailing the news that while Steve Ballmer will continue on as CEO and lead Microsoft through the next steps of the transition to a devices and services company, a successor will be selected as a replacement. The board of directors has appointed a committee to direct the process and is working closely with executive recruiting firm Heidrick & Struggles International. Both external and internal candidates will be considered. As well as firing out an internal email to colleagues, here's what Ballmer had to say on the news: "There is never a perfect time for this type of transition, but now is the right time. We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retireme