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Microsoft's Office Chief To Retire; Replaced by Macromedia CEO During Adobe's Acquisition




Microsoft disclosed late Thursday that Jeff Raikes, the head of its Office operation, second only to Windows in bringing in revenue, was retiring and will be replaced by Stephen Elop, 44, Jupiter Networks' short-term COO. Before Jupiter, Elop was president of worldwide field operations at Adobe by virtue of Adobe's 2005 acquisition of Macromedia, where he was president and CEO. Elop also has experience as a chief information officer. The plan is for Raikes, 49, to hang around until September as a backstop as a member of the senior leadership team for purposes of transition.


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