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Steve Ballmer Biography

Steve Ballmer
extracted from Wikipedia, the Free Encyclopedia, distributed under the GNU Free Documentation License

Steve Ballmer
Born March 24, 1956 (1956-03-24) (age 53)
Detroit, Michigan
Residence United States
Alma mater Harvard University
Occupation CEO, Microsoft
Salary $1,350,8341
Net worth ▼ $11 billion USD (2009)
Spouse(s) Connie Snyder
Children 3
Website
Staff Bio at microsoft.com

Steven Anthony Ballmer (born Detroit, Michigan March 24, 1956) is an American businessman who has been the chief executive officer of Microsoft Corporation since January 2000.2

Contents

Family

Steve Ballmer was born in Detroit as the son of Fritz Hans Ballmer, an immigrant from Switzerland,3 who had worked in Belgium as a manager at Ford Motor Co in the 1960s.2 In 1990 Steve Ballmer married Connie Snyder, who was on Microsoft's PR team at the Waggener Group in the '80s. They have three children. Steve Ballmer's maternal grandparents lived in Pinsk, Belarus.4

Career

Wiki letter w.svg This section requires expansion.

Pre-Microsoft & life history

Steve Ballmer was born on March 24, 1956, to a Swiss-American father and a Jewish-American mother whose family came from the Eastern European city of Pinsk (today in Belarus). He grew up in Farmington Hills, Michigan. In 1973, he graduated from Detroit Country Day School, a private college preparatory school in Beverly Hills, Michigan, and now sits on its board of directors. In 1977, he graduated magna cum laude from Harvard University 5 with a B.A. in mathematics and economics. While in college, Ballmer managed the football team, worked on The Harvard Crimson newspaper as well as the Harvard Advocate, and lived down the hall from fellow sophomore Bill Gates. He then worked for two years as an assistant product manager at Procter & Gamble, where he shared an office with Jeffrey R. Immelt, who would later become CEO of General Electric.6 In 1980, he dropped out from the Stanford University Graduate School of Business to join Microsoft.7

Microsoft career

Ballmer joined Microsoft on June 11, 19808 and became Microsoft's 24th employee, the first business manager hired by Gates.citation needed He was initially offered a salary of $50,000 as well as a percentage of ownership of the company. When Microsoft was incorporated in 1981, Ballmer owned 8 percent of the company. He has headed several divisions within Microsoft including "Operating Systems Development", "Operations", and "Sales and Support." In January 2000, he was officially named chief executive officer.2 As CEO Ballmer handled company finances, however Gates still retained control of the "technological vision." In 2003, Ballmer sold 8.3% of his shareholdings, leaving him with a 4% stake in the company.9 The same year, Ballmer replaced Microsoft's employee stock options program.

In 2009, and for the first time ever, he made the opening keynote at CES, since Bill Gates left Microsoft.

Compensation

While CEO of Microsoft in 2007, Steven A. Ballmer earned a total compensation of $1,279,821, which included a base salary of $620,000, and a cash bonus of $650,000.10 In 2008, he earned a total compensation of $1,350,834, which included a base salary of $640,833, a cash bonus of $700,000, no stock or options, and other compensation of $10,001.11

Viral videos

Ballmer is known for his eccentric and over-the-top behavior. Footage featuring Ballmer's flamboyant stage appearances at Microsoft events have been widely circulated on the Internet, becoming viral videos. The most famous of these is commonly titled "Steve Ballmer going crazy."12 This video features Ballmer after being introduced at a Microsoft employee convention. Ballmer is also featured in a mock ad for Microsoft Windows 1.0, enthusiastically promoting the operating system's features 13. Another video, captured at a developers' conference, features a sweat soaked Ballmer repeatedly screaming the word "developers".14 A video of Ballmer [non-violently] signing a Mac laptop has recently surfaced.15

On competition

Bill Gates

The Wall Street Journal has reported that there was tension surrounding the 2000 transition of authority from Bill Gates to Ballmer. Things became so bitter that, on one occasion, Gates stormed out of a meeting in a huff after a shouting match in which Ballmer jumped to the defense of several colleagues, according to an individual present at the time. After the exchange, Ballmer seemed "remorseful," the person said.

Once Gates leaves, "I'm not going to need him for anything. That's the principle," Ballmer said. "Use him, yes, need him, no."16

Free and open source software

He has referred to the free Linux operating system as a "[…] cancer that attaches itself in an intellectual property sense to everything it touches."17 Ballmer used the notion of "viral" licensing terms to express his concern over the fact that the GNU General Public License (GPL) license employed by such software requires that all derivative software be under the GPL or a compatible license.

Lucovsky/Google

In 2005, Mark Lucovsky alleged in a sworn statement to a Washington state court that Ballmer became highly enraged upon hearing that Lucovsky was about to leave Microsoft for Google, picked up his chair, and threw it across his office. Referring to Google CEO Eric Schmidt (who previously worked for competitors Sun and Novell), Ballmer allegedly said, "I'm going to fucking kill Google," then resumed trying to persuade Lucovsky to stay at Microsoft. Ballmer has described the incident as a "gross exaggeration of what actually took place."

Apple

Speaking at a conference in NYC, Microsoft CEO Steve Ballmer criticised Apple's pricing, saying; 'Now I think the tide has really turned back the other direction (against Apple),' Ballmer said. 'The economy is helpful. Paying an extra $500 for a computer in this environment — same piece of hardware — paying $500 more to get a logo on it? I think that's a more challenging proposition for the average person than it used to be.'18

Sports

Steve Ballmer taking a seat at the KeyArena to watch the Seattle SuperSonics

On March 6, 2008 Seattle's Mayor announced that a local ownership group involving Ballmer made a "game changing" commitment to invest $150 million in cash toward a $300 million renovation of Key Arena and are ready to purchase the Seattle SuperSonics in order to keep them in the City of Seattle. However, this failed, since the Sonics have now relocated to Oklahoma City.19 Ballmer would join fellow Microsoft billionaire Paul Allen (owner of the Portland Trail Blazers) as an NBA owner.

Media portrayals

Wealth

Ballmer is the second person after Roberto Goizueta to become a billionaire in U.S. dollars based on stock options received as an employee of a corporation in which he was neither a founder nor a relative of a founder. In Forbes 2008 World's Richest People ranking, Ballmer was ranked the 43rd richest person in the world, with an estimated wealth of $11 billion.20

Notes

  1. ^ http://www.companypay.com/executive/compensation/microsoft-corp.asp?yr=2008
  2. ^ a b c Microsoft.com (2008-03-01)"Steve Ballmer: Chief Executive Officer". Microsoft. March 1, 2005. http://www.microsoft.com/presspass/exec/steve/default.mspx. 
  3. ^ Knobel, Reto (12 October 2009). "Microsoft-Chef: Vorfahren waren Schweizer, «die in Höhlen wohnten»" (in German). Berner Zeitung. http://www.bernerzeitung.ch/basel/land/MicrosoftChef-Vorfahren-waren-Schweizer-die-in-Hoehlen-wohnten/story/20870798. Retrieved 2009-10-12. 
  4. ^ President of “Microsoft” visits his ancestors’ homeland – Pinsk
  5. ^ "Microsoft’s Ballmer Makes His Pitch". Harvard Business School Alumni Bulletin. http://www.alumni.hbs.edu/bulletin/2007/march/ib_ballmer.html. 
  6. ^ "First job: Assistant product manager for Duncan Hines' Moist & Easy cakes and brownies. His cubicle mate was Jeffrey Immelt, now CEO of General Electric."David Lieberman (2007-04-29). "CEO Forum: Microsoft's Ballmer having a 'great time'". USA Today. http://www.usatoday.com/money/companies/management/2007-04-29-ballmer-ceo-forum-usat_N.htm. 
  7. ^ "After two years, Ballmer headed for Stanford University's MBA program for a better grounding in business. When the fledgling Microsoft ran into problems in 1980, Gates persuaded his friend to drop out and give him a hand. "Jay Greene, Steve Hamm, Jim Kerstetter (2002-06-17). "Ballmer's Microsoft". BusinessWeek. http://www.businessweek.com/magazine/content/02_24/b3787001.htm. 
  8. ^ "Information for Students: Key Events In Microsoft History" (doc). Microsoft Visitor Center Student Information. http://www.microsoft.com/visitorcenter/student.mspx. Retrieved October 1, 2005. 
  9. ^ MSFT: Major Holders for MICROSOFT CP - Yahoo! Finance
  10. ^ 2007 CEO Compensation for Steven A. Ballmer, Equilar.com
  11. ^ 2008 CEO Compensation for Steven A. Ballmer, Equilar.com
  12. ^ ""Steve Ballmer going crazy"". http://www.youtube.com/watch?v=wvsboPUjrGc. 
  13. ^ [1]
  14. ^ Ballmer Becomes lone voice at Microsoft's helm The Economic Times 30 Jun 2008
  15. ^ [2] Mr. Ballmer, would you sign my mac?
  16. ^ Robert A. Guth (2008). "Gates-Ballmer Clash Shaped Microsoft's Coming Handover". Wall Street Journal. http://online.wsj.com/article/SB121261241035146237.html?mod=googlenews_wsj&apl=y&r=125394. Retrieved 2008-06-05. 
  17. ^ Microsoft CEO takes launch break with the Sun-Times, Chicago Sun-Times, June 1, 2001. Archived from the original on December 11, 2001. Retrieved December 18, 2009.
  18. ^ "Apple is no more than a $500 logo". March 20, 2009. http://www.slashgear.com/ballmer-critiques-apple-500-more-to-get-a-logo-2038377. Retrieved 2009-08-03. 
  19. ^ Mayor Nickels announces local effort to buy Sonics, renovate KeyArena
  20. ^ Forbes(2009-03-11)"The World's Billionaires" Forbes.com, Retrieved (2009-09-14)

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