Microsoft Hires Former Juniper COO

Jeff Raikes, president of the Microsoft Business Division (MBD), will retire from the company in September following a nine-month transition to ensure a smooth transfer of his daily responsibilities and management of the division. Microsoft named Stephen Elop, formerly chief operating officer (COO) at Juniper Networks, as the new president of the Microsoft Business Division. Under Raikes, the Microsoft Business Division has grown to include a broad range of business productivity offerings including the Microsoft Office system, Microsoft Dynamics and Microsoft Exchange Server. During this same period, the MBD business has nearly doubled, to more than $16 billion (U.S.) in annual revenue.http://www.microsoft.com