Ballmer
attended Harvard where he met Bill Gates. They became good friends. Ballmer’s
interests in business and Gates’ passion for computer programming made a good
match out of the two men.
In
1979, Ballmer took his Master’s degree in Business Administration at Stanford
Graduate School of Business. He took a job at Microsoft after his freshmen year
at Stanford. Gates convinced Ballmer to quit schooling and work fulltime at
Microsoft. The agreement was $50,000 in salaries and 7% ownership at Microsoft.
Ballmer
became the first manager hired by Gates. At Microsoft, Ballmer was responsible
for setting up the financial structure of the business.
As
the company grew, Ballmer became the head of several Microsoft divisions.
Ballmer became president of Microsoft in July 1998. In 2000, Gates resigned
from the position of CEO and Ballmer took the reins as Microsoft’s CEO. His
first advocacy as CEO was the stock grant program that replaced the stock
option program for employees.
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