Microsoft's online chief to depart

Kevin Johnson, who was instrumental in the software giant's attempt to buy Yahoo, is parting ways with the software giant.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

NEW YORK (CNNMoney.com) -- Veteran Microsoft Corp. executive Kevin Johnson, who headed the software giant's online business and played a key role in the bid to buy Yahoo Inc., is leaving the company, Microsoft announced Wednesday.

Johnson is president of Microsoft's platforms and services division, which includes both the online services business and Windows software for personal computers. He will depart to run network services provider Juniper Networks Inc. (JNPR), according to an online report Wednesday by the Wall Street Journal, which first reported Johnson's departure.

Microsoft also said that the division that Johnson headed will be split into two groups: Windows/Windows Live and Online Services. Both groups will report directly to Chief Executive Steve Ballmer.

"Kevin has built a supremely talented organization," Ballmer said in a statement. "This new structure will give us more agility and focus in two very competitive arenas."

Mr. Johnson was part of the small team of Microsoft (MSFT, Fortune 500) executives that led the effort in January to bid for Yahoo (YHOO, Fortune 500). The deal, which ultimately fell through, was valued at nearly $50 billion.

"Microsoft is a special place and presents opportunity to so many," Johnson said, citing his 16 years at the company. To top of page

Features
They're hiring!These Fortune 100 employers have at least 350 openings each. What are they looking for in a new hire? More
If the Fortune 500 were a country...It would be the world's second-biggest economy. See how big companies' sales stack up against GDP over the past decade. More
Sponsored By:
6 great Memorial Day car deals Here are some hot tips if you're going out car-shopping this weekend. More
10 multi-million-dollar mega-yachts These folks definitely do not need a bigger boat. Peek inside some of the swankiest vessels on the high seas. More
Build your own eco-friendly house Home is wherever you want it to be. This 150-square-foot home can be shipped almost anywhere and then assembled like Ikea furniture in about four days. More

Sponsors

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.