Thompson, who is the head of the search committee for a new CEO, said he is "pleased with our progress" so far. He noted, however, that he doesn't expect finish the search until "the early part of 2014."
The search committee started with over 100 candidates for the position of Microsoft CEO and talked to several dozen of those people. From there the team narrowed the search down to just 20 people. The committee researched and investigated those 20 candidates, and is still in the process of deciding who is best suited for the job.
Potential candidates may include current Ford (F) CEO Alan Mullaly and former Nokia (NOK) CEO Stephen Elop.
TheStreet Ratings team rates Microsoft as a "Buy" with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate MICROSOFT CORP (MSFT) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow."