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October 18, 2010, 5:19 PM EDT
By Dina Bass
(Adds career at company in third, fourth paragraphs.)
Oct. 18 (Bloomberg) -- Microsoft Corp. Chief Software Architect Ray Ozzie will step down, becoming the third senior executive to announce his resignation since May.
Ozzie, who joined the company in 2005, will be ?on board? for a while before departing, Chief Executive Officer Steve Ballmer said today in an e-mail on the company?s website. He doesn?t plan to replace Ozzie, saying he has enough strong technical leaders in each product group.
Ozzie took the lead in pushing Microsoft to move into Internet-based software. In a 2005 memo, he told executives the company needs to respond to the shift or ?our business as we know it is at risk.? When co-founder Bill Gates opted to leave his day-to-day role, Ozzie was one of two executives tapped to chart the future course of the world?s largest software maker.
In 2008, he unveiled Microsoft?s cloud software for storing and running customers? programs in Microsoft?s own data centers. More recently, he has been less visible and didn?t speak to analysts and investors at the company?s annual analyst meeting in July.
Microsoft fell 2.4 percent to $25.20 in late trading after the announcement of Ozzie?s departure. The shares rose 28 cents to $25.82 at 4 p.m. New York time in Nasdaq Stock Market trading.
--Editors: Lisa Wolfson, Stephen West
To contact the reporter on this story: Dina Bass in Seattle at dbass2@bloomberg.net
To contact the editor responsible for this story: Tom Giles at Tgiles5@bloomberg.net
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(Adds career at company in third, fourth paragraphs.)
Oct. 18 (Bloomberg) -- Microsoft Corp. Chief Software Architect Ray Ozzie will step down, becoming the third senior executive to announce his resignation since May.
Ozzie, who joined the company in 2005, will be ?on board? for a while before departing, Chief Executive Officer Steve Ballmer said today in an e-mail on the company?s website. He doesn?t plan to replace Ozzie, saying he has enough strong technical leaders in each product group.
Ozzie took the lead in pushing Microsoft to move into Internet-based software. In a 2005 memo, he told executives the company needs to respond to the shift or ?our business as we know it is at risk.? When co-founder Bill Gates opted to leave his day-to-day role, Ozzie was one of two executives tapped to chart the future course of the world?s largest software maker.
In 2008, he unveiled Microsoft?s cloud software for storing and running customers? programs in Microsoft?s own data centers. More recently, he has been less visible and didn?t speak to analysts and investors at the company?s annual analyst meeting in July.
Microsoft fell 2.4 percent to $25.20 in late trading after the announcement of Ozzie?s departure. The shares rose 28 cents to $25.82 at 4 p.m. New York time in Nasdaq Stock Market trading.
--Editors: Lisa Wolfson, Stephen West
To contact the reporter on this story: Dina Bass in Seattle at dbass2@bloomberg.net
To contact the editor responsible for this story: Tom Giles at Tgiles5@bloomberg.net
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