Uncertainty into a new era is what best characterizes the announcement of Microsoft CEO Steve Ballmer from the software company he has lead in the twelve years. He is set to retire in twelve months, initiating a frantic search for a leader for the company in these turbulent times in the technology marketplace.

In a statement, Ballmer said, "There is never a perfect time for this type of transition, but now is the right time." He added, "My original thoughts on timing would have had my retirement in the middle of our company's transformation to a devices and services company. We need a CEO who will be here longer term for this new direction."

The retirement announcement had caused Microsoft to surge upwards 8%, significantly indicating that the change in leadership would be good for the improvement of the company. On a personal note, Ballmer's tenure and participation as the 30th employee of Microsoft had him accumulate about USD15.2 billion in personal wealth. This personal wealth consist of about 4% in Microsoft stockholdings. 

While achieving highs with the development of Windows XP and the Xbox 360 that helped grow the company to be worth USD78 billion, he also oversaw the company's fortunes stagnate as compared to new technology firms such as Amazon, Apple and Google. Microsoft has lost much of its luster, currently worth half of its highest market value.