Time to move over, Ballmer. Greenlight Capital President David Einhorn has reportedly called for Microsoft’s CEO, Steve Ballmer, to step down. Einhorn spoke on the subject Wednesday at the Ira Sohn Investment Conference in New York City. Einhorn showed support for Microsoft in general, recommending the company’s stock as a “buy” because the company trades at what he called a remarkable discount. When it came to Ballmer, though, Einhorn insisted the company’s chief has filled the CEO position for 10 years and it’s time for the board to give someone else a chance.
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Investment Firm Pres. Calls on Microsoft to Boot Ballmer
Posted by: Rob Spiegel May 26, 2011 12:05 PMTime to move over, Ballmer. Greenlight Capital President David Einhorn has reportedly called for Microsoft’s CEO, Steve Ballmer, to step down. Einhorn spoke on the subject Wednesday at the Ira Sohn Investment Conference in New York City. Einhorn showed support for Microsoft in general, recommending the company’s stock as a “buy” because the company trades at what he called a remarkable discount. When it came to Ballmer, though, Einhorn insisted the company’s chief has filled the CEO position for 10 years and it’s time for the board to give someone else a chance.