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Network World reports that Microsoft won't name a replacement for retiring CEO Steve Ballmer until early next year

A blog post today by board member John Thompson says the search committee has boiled down the candidates from more than 100 to about 20, but that it needs more time to pick the winner.

“After defining our criteria, we initially cast a wide net across a number of different industries and skill sets,” says Thompson, who is running the search committee. “As you would expect, as this group has narrowed, we’ve done deeper research and investigation, including with the full Board. We’re moving ahead well, and I expect we’ll complete our work in the early part of 2014.”
  Microsoft: No Ballmer replacement until next year