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Microsoft COO moves to CEOship at Citadel Securities

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In a major change among some of the very top tiers of the Microsoft hierarchy, COO Kevin Turner is leaving after a 11 year long stint at the tech giant. And it doesnt seem like he would be out job hunting for too long either as Citadel Securities has annointed him as its new CEO.

Microsoft CEO Satya Nadella announced the same through a blog post,

I want to share with you that Kevin Turnerhas been offered the opportunity to become chief executive officer at Citadel Securitiesand as a result will leave Microsoft.

In his position as the Microsoft COO and even before that, Turner was deeply involved in the goings on at the company and played a significant role in bringing it to its current position. He also took a hand in various important processes that ranged from sales and marketing to product development.

Interestingly enough, not one but a total of 5 people would be taking up Kevin’s duties. Nadella announced the formation of a 5-membered team.

The members of the team include Judson Althoff, who will lead the Worldwide Commercial Business, Jean-Philippe Courtois, who will be heading Global Sales, Marketing and Operations, Chris Capossela as head of Worldwide Marketing and Consumer Business, Kurt Delbene as head of IT operations and Amy Hoodwill as head of the SMSG finance team.

Jean-Philippe and Judson will report directly to me and join the senior leadership team starting today. Jean-Philippe will take full accountability for the Microsoft North America business also startingtoday, and Judson will remain as acting lead for day-to-day operations until a replacement for him is announced

Phew. That is one long list of employees to replace a single person, and only serves to emphasize the importance of Turner in the organization.

Meanwhile, he is not the only one to bid adieu to the organizaton from the ranks of the executive however. Nokia CEO Stephen Elop, Mark Penn, EVP Kirill Tatarinov, head of business solutions are among some of the other top level officers who have left Microsoft for other corporate destinations.

Some sources are also saying that all praise apart, relations between Turner and Nadella weren’t all that mellow. Apparently — these are rumors from the grapevine, mind — Turner was supposed to get the top job after Ballmer left. However, Nadella got the top job and Turner was left with the COOship.


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