Saturday, July 14, 2012

Microsoft?s general manager of investor relations released at the beginning of the year

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Other good performances came from its customer relationship management application, which increased by 80,000 seats in the quarter. Office 2010 also saw a double-digit increase at 33 percent in advertising revenue at Microsoft?s online services business, she said.

Myhrvold is set to begin his one-year sabbatical on July 1 and expects to return in one year. Rick Rashid, currently the vice president of research, will oversee the company?s basic research projects, Microsoft said in a statement.

Myhrvold is among a growing crop of top Microsoft executives who, flush from reaping the benefits of Microsoft Office 2010 employee stock plans and options, are stepping back to enjoy some of their wealth. Brad Silverberg, a high-ranking executive, has been on an extended leave while Pete Higgins resigned as the head of the company?s Interactive Media Group last year.

A company spokesman denied that Myhrvold was being forced out by Microsoft president Steve Ballmer as reported in the weekly magazine Time. The report cited a company source who said that Myhrvold was being pushed out by Ballmer because Office 2010 was spending more time pursuing his outside interests than driving the software giant?s $3 billion research department.

In Myhrvold?s case, he also plans to spend some time investing his assets in other companies and venture funds although he said he had no specific ones in mind currently.

?I have been about as negligent as you can possibly be with personal investments and now that I will have more time, I plan to address that,? Myhrvold added.

The Time report that Myhrvold is being forced out is factually inaccurate, a Microsoft Office 2010 Download spokesman said, stressing that Myhrvold had been thinking about taking a sabbatical for some time now.

Source: http://www.buytopoffice2010.com/blog/microsofts-general-manager.html

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