Source Pravda.Ru

Microsoft names new COO, No.3 man in company

Microsoft has named a senior Wal-Mart executive as its new chief operating officer, considered to be the third most senior role at the firm.

Kevin Turner will take charge of the software operator's global sales, marketing and services activities.

The post has been vacant since 2002 when Rick Belluzzo left the company following a reorganisation.

Mr Turner will report to chief executive Steve Ballmer and chairman Bill Gates.

Mr Turner, 40, has worked for Wal-Mart for almost 20 years - most recently running Sam's Club, a chain of warehouse stores owned by the world's largest retailer.

In a statement, Microsoft said it would benefit from Mr Turner's experience, track record of success and passion for technology.

"More than ever, Microsoft's growth opportunities abound as a result of our strong product innovation pipeline," Mr Ballmer said, reports BBC.

According to Inquirer, the job is considered to be the number three after Chairman Bill Gates and Chief Executive Steve Ballmer and has been vacant since 2002 after Rick Belluzzo was pushed out.

Belluzzo said his job was superfluous as the role was dominated by Gates and Ballmer so he went and did something more useful.

Turner on the other hand seems to be a bit of a Wal-Mart star. Under his regime Sam's Club, which had been losing ground to a larger rival Costco, turned its fortunes around by slashing prices.

It will be interesting to see if he applies the same strategy to Vista to counter Linux, or if Steve and Bill will let him do anything.

Turner will receive an annual salary of $570,000 and 320,000 shares. He may get a bonus of as much as 100 percent of his salary and a stock award of 624,000 based on performance goals.

Among Turner's first priorities will be the release of Microsoft's new Windows program and an updated version of its database software.

Microsoft last week released the first test version of its new Windows for personal computers, called Windows Vista. The program is planned for late 2006 and adds features that improve computer security and search. Microsoft needs the new program to reverse declining growth in its Windows for PC unit, which hasn't released a completely new Windows since 2001.

The company also plans to begin selling a new SQL database server in November, a successor to the SQL 2000 product that has been taking sales from Oracle Corp. The new Xbox 360 will be available for Christmas, six months ahead of the competing machine from Sony Corp, informs Bloomberg.

Comments
Putin: Russian servicemen return home from Syria as victors
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
Human Rights Day: Let us hang our heads in shame
Russian general says allegations of his involvement in MH17 crash are stupid
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Human Rights Day: Let us hang our heads in shame
Elon Musk sells old ideas to NASA under the guise of unprecedented innovations
Elon Musk sells old ideas to NASA under the guise of unprecedented innovations
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Atmosphere above Russia contaminated with radioactive substance
IOC bars Russian athletes, excludes Russian national anthem and flag from Winter Olympics 2018
IOC bars Russian athletes, excludes Russian national anthem and flag from Winter Olympics 2018
Americans force Russia to create weapons even more powerful than S-500
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Atmosphere above Russia contaminated with radioactive substance
Russian general says allegations of his involvement in MH17 crash are stupid
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Russia unveils the date for the launch of the superbridge to Crimea