If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Ballmer tops Forbes' "5 CEOs that truly deserve being fired" list 

Forbes has named Microsoft CEO Steve Ballmer as the number one CEO "that truly deserves being fired." Ballmer beat out other CEOs such as Walmart's Mike Duke, the head of Sears and Cisco's John Chambers.

According to the magazine, Ballmer's "without a doubt the worst CEO of a large publicly traded American company today."

"Not only has he singlehandedly steered Microsoft out of some of the fastest growing and most lucrative tech markets (mobile music, handsets and tablets) but in the process he has sacrificed the growth and profits of not only his company but ecosystem companies such as Dell, Hewlett Packard and even Nokia," said the article.

"The reach of his bad leadership has extended far beyond Microsoft when it comes to destroying shareholder value – and jobs.

The article goes on to mention Microsoft's stock prices which only recently stepped off the rollar coaster ride the form's trading has been on since Ballmer took over in 2000. Still, shares in the company are in the low thirties, compared to $60 a share when Ballmer stepped in.

Forbes said the Microsoft Board should have replaced Ballmer years ago with "a CEO that understands the fast pace of technology shifts and would have kept Microsoft current with market trends."

Sign in and unlock a world of features

Get access to commenting, homepage personalisation, newsletters, and more!

Related topics
About the Author
Stephany Nunneley-Jackson avatar

Stephany Nunneley-Jackson

News Editor

Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

Comments