Ballmer to retire -- around 2017

C|Net | at | by Mike

If Microsoft CEO Steve Ballmer hadn't decided to take his college buddy up on a job offer as the software giant's bookkeeper, he figures he probably would have ended up selling car insurance.

That insight was part of a wide-ranging chat Ballmer had with a packed hall of students at Stanford's Graduate School of Business on Thursday. During the discussion, the chief executive also announced his plans beyond Microsoft, saying he planned to retire in about 12 years, after his three sons have all graduated high school.

"I'll be 61," he said. "That seems appropriate."