Microsoft Board of Directors launched a search for a replacement for Steve Ballmer, looking both externally and internally from August 23rd last year. Since they’ve been focused on finding the best possible person to lead the company and in December revealed that the process is still going on. They identified over 100 possible candidates, talked with several dozen, and then focused their energy intensely on a group of about 20 individuals. According to various reports, the 20 individuals included Satya Nadella, Tony Bates, Kevin Turner, Stephen Elop, Alan Mullaly, Steve Mollenkopf, Hans Vestberg and others. While the search process might end in the coming weeks/months, everyone believed that Bill Gates and Steve Ballmer who are the largest shareholders of Microsoft might stay in the Microsoft’s board for years to come. According to latest report from Recode, despite owning about four percent of the company, people familiar with the situation revealed that Ballmer may step down as a director when the new CEO is named. When he announced his retirement, he...

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