B. Kevin Turner
|B. Kevin Turner|
|Born||1964/1965 (age 48–49)
|Occupation||COO at Microsoft|
B. Kevin Turner is an American businessman known for his executive leadership roles at Wal-Mart and Microsoft. He is the Chief Operating Officer at Microsoft and a member of the Board of Directors at Nordstrom.
Turner was born in 1965. In 1987 he earned a Bachelor of Science in Management from East Central University in Ada, Oklahoma where he was a member of the Pi Kappa Alpha Fraternity. During his college years, he worked full-time as a cashier at Wal-Mart.
Turner worked nearly 20 years at Wal-Mart Stores Inc. He began working as a cashier for Wal-Mart Stores Inc. in 1985 in his hometown of Ada, Okla. While attending college, he rose through the store ranks, to customer service manager, housewares department manager and head office cashier. In 1987, Turner earned a bachelor's degree in business with an emphasis in management from East Central University in Ada. The next year, he joined Wal-Mart's internal audit department. Two years later, Turner joined the company's Information Systems Division, where has worked his way up from business analyst, strategy manager, director and assistant chief information officer. In February 2000, Turner became chief information officer overseeing Wal-Mart's legendary worldwide data-tracking system. The division had about 2,000 employees in Bentonville. He then was named, president and chief executive officer of Sam's Club, which had over 46 million members and over $37.1 billion USD in annual sales. In 1995 at the age of 29, Turner became the youngest corporate officer ever named at Wal-Mart.
In 2005 Microsoft hired Kevin Turner to be Chief Operating Officer (the prior COO, Rick Belluzzo, had left the company in 2002 and no replacement had been hired). Microsoft offered Turner a base salary of $570,000 per year, a $7 million up-front payment, and other stock awards to help compensate him for stock-based pay that he lost when he left Wal-Mart. Microsoft also gave Turner 325,000 shares of stock that would vest over a period of many years, beginning in 2008 and running through to retirement. Turner would have been required to forfeit the entire $7 million up-front payment had he left voluntarily or been terminated for cause before completing 12 months of employment. A portion of the hiring bonus would have had to have been repaid had he left voluntarily within three years or been terminated for cause. Turner was also eligible for a bonus of up to the amount of his salary and was enrolled in the company's stock award program, with a target award of 624,000 shares (the actual amount determined by Microsoft's achievement of certain goals). Finally, Turner was offered Microsoft's "executive relocation assistance program," in which the company had arranged for a third party to purchase his current primary residence at its appraised value had it not sold as of a mutually agreed-upon date. Turner accepted the offer and moved his wife Shelley and three children to Washington State where, in September 2005, he took on responsibility for the strategic and operational leadership of Microsoft's worldwide sales, marketing and services organization (SMSG) which delivered over $62 billion USD in revenue during Microsoft's fiscal 2010 (July 2009 to end of June 2010). In addition to driving sales and marketing programs, Turner manages the online advertising sales organization and corporate support organizations, including product and customer support services, branding, advertising, public relations, marketing research and relationship marketing. Turner also oversees corporate operations and internal Information Technology that support the work of Microsoft’s over 90,000 plus employees around the world. In 2009, Turner also led and spearheaded Microsoft's entry into the Retail Stores business and he has global accountability for this newly created business division.
Under his leadership, the sales and marketing group delivered more than $77 billion in revenue in fiscal 2012. In his eight years as chief operating officer, Turner has driven a strong track record of results, execution excellence and improved efficiency while also driving the customer satisfaction scores to the highest in company history.
Along with Microsoft Chief Executive Officer Steve Ballmer and other senior executives, Turner serves on the Senior Leadership Team that sets the overall strategy and direction for Microsoft. In 2010, Turner was elected to the Nordstrom Board. Turner serves on the compensation and finance committees as a part of his board role.
Awards and honors
In 2003, East Central University named Turner Distinguished Alumnus. In 1997 Turner became the recipient of the first "Sam M. Walton - Entrepreneur Of The Year" Award, which is the highest honor given at Wal-Mart and is voted by the Walton Family. Turner was among TIME Magazine's People To Watch In International Business, was ranked #4 on Fortune Magazine's "40 under 40", was among Business 2.0's The 20 Young Execs You Need To Know and was awarded CIO Magazine's 20/20 Vision Award and CIO 100 Award. In 2007, he was named to the CIO Hall Of Fame by CIO Magazine, as well as listed fifth in CRN Magazine's list of the Top 25 Most Innovative Executives.
- Steve Lohr (August 5, 2005). "Microsoft Shops at Wal-Mart for an Operating Chief". The New York Times.
- B. Kevin Turner. Chief Operating Officer. Microsoft.
- "Microsoft Offer Letter". Wall Street Journal. August 4, 2005.
- B. Kevin Turner biography, Microsoft.com
- Microsoft taps Wal-Mart exec as new COO, News.com