This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Microsoft's Pointless Search for a Loser CEO

Stocks in this article: MSFT NOK YHOO

NEW YORK (TheStreet) -- When I saw that people were all freaked out because Microsoft (MSFT) won't be able to hire incoming Qualcomm (QCOM) CEO Steve Mollenkopf, I formed an "L" with my left hand and held it in front of my forehead.

Concern that some guy nobody outside of extreme geek culture has ever heard of or cares to learn about will not end up MSFT CEO only underscores the pointlessness and certain failure of the entire exercise.

Retreads (and no names). As far as we have heard, these two categories comprise the candidate pool to replace Steve Ballmer.

Following the major professional sports method of hiring retreads as "leaders" will further crush Microsoft from within. The company's set to reinforce the nail Ballmer hammered into its coffin with some wood glue.

Maybe they could hire Mike Shanahan. Or Marty Schottenheimer. How about swapping John Tortorella for Alain Vigneault? That's worked out well. Bring in a former coach turned broadcaster who wants to become a coach again. Mike Ditka looked pretty good in the cold the other night.

The only thing more pathetic than concern that Mollenkopf is out of the running is considering Stephen Elop of Nokia (NOK).

What has Elop accomplished at Nokia that even remotely qualifies him to take over a company wallowing in a mix of relative obscurity and frustration with consumers? Let's not even get into the other mess he'll have to contend with -- pending assaults from Apple (AAPL) and Google (GOOG) in enterprise hardware as well as software and services.

If you're on Microsoft's worthless board or its visonless CEO search committee, you call Jack Dorsey and say something like ...

We've heard rumors that you might be a pretentious jerk, but we don't care. Don't say anything bad about Ballmer and Gates and we'll pay you a billion dollars to come in here and fix this mess.

Microsoft doesn't need a CEO who can mind the now rock-solid balance sheet or manage dividend payouts and buybacks over coffee with the CFO. It needs somebody who can make Microsoft sexy again. A person who can make Windows something better than a necessary evil for businesses and pain in the consumers' collective butt. 

It needs to grow a pair and make a Yahoo! (YHOO)-like move. Hire a CEO like Marissa Mayer (or Dorsey) who doesn't manage and count beans as much as he or she innovates, changes games and kills existing categories or creates new and exciting multi-billion dollar categories.

--Written by Rocco Pendola in New York City

Rocco Pendola is a columnist for TheStreet. Pendola makes frequent appearances on national television networks such as CNN and CNBC as well as TheStreet TV. Whenever possible, Pendola uses hockey, Springsteen or Southern California references in his work. He lives in Santa Monica.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs