{"id":13627,"date":"2014-01-16T07:35:58","date_gmt":"2014-01-16T12:35:58","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=13627"},"modified":"2014-01-16T04:35:59","modified_gmt":"2014-01-16T09:35:59","slug":"a-top-executive-resigns-from-microsoft-corporation-nasdaqmsft-after-consumer-electronics-show","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/a-top-executive-resigns-from-microsoft-corporation-nasdaqmsft-after-consumer-electronics-show-13627","title":{"rendered":"A Top Executive Resigns From Microsoft Corporation (NASDAQ:MSFT) After Consumer Electronics Show"},"content":{"rendered":"<p>Boston, MA 01\/16\/2013 (wallstreetpr) &#8211; <b>Microsoft Corporation (NASDAQ:MSFT)<\/b> has suffered yet another blow in its pool of talents following the abrupt resignation of it VP media and entertainment Blair Westlake. This comes just days after he attended the Consumer Electronics Show in Las Vegas where Microsoft put its best foot forward to paint a green picture of its future. This resignation also follows exit of one of Microsoft\u2019s top engineers to join Google Inc (NASDAQ:GOOG) early last month.<\/p>\n<p>These developments have potential negative bearing on the company given that they involve key figures in the company whose talents have helped maintain Microsoft in profitable grounds. Mr. Westlake joined MSFT in 2004 and was instrumental in overseeing partnership and licensing of TV shows and movies for Xbox platforms.<\/p>\n<p>Microsoft Corporation (NASDAQ:MSFT) was just starting to move into games console business to help offset the disappointment in the PC market. This means that Mr. Westlake would have been relied upon to bring his wealth of knowledge in media to boost this segment especially in regards to content signing.<\/p>\n<p><b>Internal problems<\/b><\/p>\n<p>In his resignation letter, Mr. Westlake notes that the company was moving in a direction that does not fit his set of skills and expertise. It is true that Microsoft Corporation (NASDAQ:MSFT) has been undergoing reorganization, however, it comes as a surprise that such reorganization are alienating staff within the company.<\/p>\n<p>The area that MSFT is likely to feel some impact following the exit of Mr. Westlake is online entertainment. This is the area that the company hoped to capitalize on to boost the standing of its Xbox platform. The company just released Xbox One recently to huge success.<\/p>\n<p><b>CEO announcement<\/b><\/p>\n<p>A lot of reorganization is still expected at Microsoft Corporation (NASDAQ:MSFT). The company is expected to announce its next chief executive any moment to take over reigns from outgoing CEO Steve Ballmer.<\/p>\n<p>The new CEO will have to show the way on Microsoft Corporation (NASDAQ:MSFT)\u2019s entry into smartphone business following the acquisition of Nokia\u2019s devices segment. The CEO will also have to do a lot to win back investor confidence to the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 01\/16\/2013 (wallstreetpr) &#8211; Microsoft Corporation (NASDAQ:MSFT) has suffered yet another blow in its pool of talents following the abrupt resignation of it VP [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":7812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1637,738],"stock_ticker":[],"class_list":["post-13627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-microsoft-corporation-nasdaqmsft","tag-nasdaqmsft","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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