Steven Anthony Ballmer has been the CEO of Microsoft since January 2000. He graduated from Detroit Country Day School, Michigan. He later joined Harvard University, where he studied Math and Economics. During that time, he lived down the hall from Bill Gates, Microsoft’s founder and Chairman of the Board. Ballmer joined Microsoft on June 11, 1980 as the first business manager and the 30th employee. His first salary was $50,000 including 8% of the ownership. In 2009, Ballmer earned a total compensation of $1,276,627, which included a base salary of $665,833, a cash bonus of $600,000, no stock or options, and other compensation of $10,794.
The Board of Directors:
These are the following members of the Board of Directors:
Steve A. Ballmer: has been the CEO of Microsoft since January 2000. Dina Dublon: is the former CFO of JP Morgan Chase (1998-2004). She joined the Microsoft on March 22, 2005. She also serves in the board of Accenture Ltd., PepsiCo Ltd., Carnegie Mellon University, the Global fund for Woman, and Woman’s commission for Refugee Woman and Children. Bill Gates: founder and chairman of Microsoft.
Raymond V. Gilmartin: is the former Chairman, President, and CEO of Merck & Co. Inc. He joined the board on April 2001. He also serves in the board of General Mills, and the board of dean advisor’s, Harvard Business School. Reed Hastings: is the founder, chairman, and CEO of Netflix. Inc. He joined Microsoft on March 26, 2007. Maria M. Klawe: is the President of Mudd College. She joined Microsoft on March 2009. David F. Marquardt: joined Microsoft on June 30, 1981. He also serves as a member of the board of directors at Seagate. Charles H. Noski: is the executive Vice president and CFO of the Bank of America. He joined Microsoft on Nov 11, 2003. He also is a member of the board in UBS AG Switzerland, Singapore airlines Ltd., and the supervisory board of Bayer Ag.
Microsoft currently has $ 6.0 billion debt. This debt includes both short-term and long-term: As of June 30, 2009, $2.0 billion of the commercial paper was issued and outstanding with a weighted average interest rate, including issuance costs, of 0.20% and maturities of 22 to 119 days. The estimated fair value of this commercial paper approximates its carrying value.
The components of long-term debt as of June 30, 2009 were as follows: (In millions)
2.95% Notes due on June 1, 2014$2,000
4.20% Notes due on June 1, 20191,000
5.20% Notes due on June 1, 2039750
Unamortized debt discount(4)
Financial Market Considerations:
The stock volume is 21,016,904. The amount held by ETF is $7,153,685,861.99. The percentage of market stock cap is 2.4%. There are 40 financial analysts that follow the firm.
Microsoft global corporation citizenship initiative is a commitment to being a responsible corporate citizen and industry partner, working with business, communities, and governments to help advance social and economic well-being and to enable people around the world to realize their full potential through the following: •Education and digital inclusion
•Internet safety and policy leadership
•Responsible Business practices
Microsoft has a well-reputable image among citizens. They view Microsoft as their: •Worldwide connection
•Social responsibility inspiration
•Drive to success
Google is not a family business and CEO came from outside the organization as he was the Chairman and CEO of Novell and Chief Technology Officer at Sun Microsystems, Inc., where he led the development of Java, Sun’s platform-independent programming technology. Earlier in his career, Eric was a member of the research staff at Xerox Palo Alto Research Center (PARC) and held positions at Bell Laboratories and Zilog. Schmidt earned a base salary of just $1, and other compensation of $508,763 in 2009. He...