Thursday, 26 May 2011

Microsoft CEO must go demands influential investor

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An outspoken and influential hedge fund manager made waves at an investor conference yesterday by calling for Microsoft CEO Steve Ballmer to step down. Suggesting Ballmer’s “continued presence is the biggest overhang on Microsoft’s stock,” Greenlight Capital chief David Einhorn insisted it was time to “give someone else a chance” at the helm. The investor – whose fund currently holds approximately 9m Microsoft shares, or around 0.11-percent

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