Jeff Raikes, President of Microsoft Business Division (MBD) explains.

微软商务应用事业部(MBD)的总裁，Jeff Raikes解释说。

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That was one thread of the conversation its leader, Jeff Raikes, had last week at the Global Philanthropy Forum, a conference in Redwood City, Calif.

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The announcement comes just a week after Microsoft tapped Stephen Elop, chief operating officer of Juniper Networks, to replace company veteran Jeff Raikes in the high-profile job of business division president.

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Bill Gates isn't yet officially gone from Microsoft, but the reign of Jeff Raikes, a little-known but key veteran executive, came to a close Thursday when the software giant announced that he is retiring.

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