B. Kevin Turner
| Kevin Turner | |
|---|---|
| Born |
Brian Kevin Turner[1] 1964/1965 (age 50–51)[2] Oklahoma, United States |
| Residence | Bellevue, Washington |
| Occupation | COO at Microsoft |
| Spouse(s) | Shelley |
| Children | 3 |
B. Kevin Turner (born 1965)[2] is an American businessman known for his executive leadership roles at Wal-Mart and Microsoft. He is the Chief Operating Officer of Microsoft and a member of the Board of Directors at Nordstrom. Prior to joining Microsoft, Turner served as the Executive Vice President and Chief Information Officer of Wal-Mart and the President and Chief Executive Officer of Sam's Club. [3] [3]
Early life and education
In 1987 Turner earned a Bachelor of Science in Business Administration with a concentration 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.
Career
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 he worked his way up from a business analyst, strategy manager, director and assistant chief information officer. In 1995, at the age of 29, Turner was the youngest corporate vice president and officer ever named at Wal-Mart. In February 2000, Turner became chief information officer overseeing Wal-Mart's 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.
Microsoft
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 $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.[4] 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, field marketing and services organization (SMSG). He also manages support and partner channels, Microsoft stores, and corporate support functions including information technology, licensing and pricing, and operations. His organization includes over 51,000 employees in more than 190 countries. In 2009, Turner also led and spearheaded Microsoft's entry into the Retail Stores business and he has global accountability for this business division.
In his ten 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. Microsoft ended fiscal year 2015 with 8 percent growth and $93.6 billion in revenue through his leadership on the company's transformation.
Along with Microsoft Chief Executive Officer Satya Nadella 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.
References
- ↑ "Executive Profile: Brian Kevin Turner". Bloomberg Businessweek.
- 1 2 Steve Lohr (August 5, 2005). "Microsoft Shops at Wal-Mart for an Operating Chief". The New York Times.
Kevin Turner, 40
- 1 2 B. Kevin Turner. Chief Operating Officer. Microsoft.
- ↑ "Microsoft Offer Letter". Wall Street Journal. August 4, 2005.
External links
- B. Kevin Turner biography, Microsoft.com
- Microsoft taps Wal-Mart exec as new COO, News.com
