NEW YORK (
TheStreet) -- Microsoft
(MSFT) is said to be close to naming its next chief executive officer despite being turned down by
(F) CEO Alan Mulally.
Reuters quoted "sources familiar with the process" as saying Microsoft is down to "a handful of individual names."
The shortlist reportedly includes former Nokia (NOK)/Macromedia/Boston Chicken boss Stephen Elop, internal candidates Satya Nadella and Tony Bates as well as one or more outsiders. Those sources also confirm Mulally is now officially out of the running.
Mulally told The Associated Press he plans to stay as Ford at least through 2014.
Mulally said, "I would like to end the Microsoft speculation because I have no other plans to do anything other than serve Ford. When asked whether investors could stop being distracted by the speculation Mulally answered, "You don't have to worry about me leaving."
On the other hand, Mulally didn't reveal his plans after 2014 or whether he'd be interested in the Microsoft post at that time.
Microsoft did't give any clues as to when it might be able to announce its new boss. The company's executive search committee, headed by Bill Gates, had hoped to name a successor to Ballmer by the end of last year.
-- Written by Gary Krakow in New York.
To submit a news tip, send an email to email@example.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV