Microsoft’s New CEO Nokia’s Stephen Elop?

As soon as Microsoft Corporation (NASDAQ:MSFT) CEO Steve Ballmer announced his exit plans, there have been widespread speculations over who will be the next chief executive of the world’s largest software company. There is a long list of candidates who may replace the notorious chief of Microsoft Corporation (NASDAQ:MSFT). The software giant’s shares are down 38% since Steve Ballmer took the helm in 2000. Microsoft Corporation (NASDAQ:MSFT) is looking for a leader who can revive its business in consumer, search, gaming, mobile and personal computing businesses.

Microsoft's New CEO Nokia's Stephen Elop?

Stephen Elop to head Microsoft?

There is a long list of possible candidates who could replace Steve Ballmer when he retires after 12 months. However, bookies believe that Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) chief Stephen Elop will be the next Microsoft Corporation (NASDAQ:MSFT) CEO, according to Alex Sherman and Scott Moritz of Bloomberg. Similarly, the British gambling website bookies say Stephen Elop has 5-1 odds to replace Ballmer. Microsoft Corporation (NASDAQ:MSFT) has already indicated that it is open to consider internal as well as external candidates.

Is value investing dead? These managers don’t think so

Structured ValueFor quite some time, value has been losing out to growth, and as a result, many have been wondering whether value investing is dead. At the Morningstar Investment Conference, Chuck Bath of Diamond Hill Capital Management, Ramona Persaud of Fidelity Investments and David Wallack of T. Rowe Price offered some insights into their value investing Read More

Before joining Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) in 2010, Stephen Elop was the head of Microsoft Corporation (NASDAQ:MSFT)’s business division. After joining the Finnish mobile phone maker, Elop announced a strategic partnership with Microsoft Corporation (NASDAQ:MSFT) to use a Windows Phone operating system in Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V)’s smartphones. Stephen Elop is yet to deliver strong signs of Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V)’s revival. The Finnish company’s stock has declined 62% since he joined the company.

Other top contenders for Microsoft CEO post

Other top contenders are internal candidates including chief operating officer Kevin Turner and Windows chief Julie Larson-Green. Odds for Turner are 6-to-1, with 8-1 for Julie Larson-Green. Other leading choices are Qi Lu (10-1), executive vice-president Tony Bates (10-1), Terry Myerson (12-1) and Satya Nadella (14-1). Despite weaker odds, Nadella is considered a strong contender because he heads the company’s cloud and enterprise operations. Microsoft Corporation hasn’t been so strong on consumer turf amid smartphone revolution, as iOS and Android became the go-to operating systems for tablets and smartphones. The company wants to strengthen its position in enterprise and cloud business.

Some surprising candidates are Facebook Inc (NASDAQ:FB) COO Sheryl Sandberg with a 40-1 shot, Microsoft Corporation (NASDAQ:MSFT) co-founder and favorite choice Bill Gates at 50-1 odds. The dark horse is Apple Inc. (NASDAQ:AAPL) CEO Tim Cook with odds at 100-1.

Microsoft Corporation (NASDAQ:MSFT) shares jumped 1.57% to $33.54 at 11:41 AM EDT.