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Nicholas Negroponte has announced that he will be stepping down as CEO of the OLPC organization. The announcement comes via a recent interview with Business Week and he has all but admitted things did not go fully as planned, stating that “management, administration, and details” are a weaknesses of his.

The search for the new CEO is already underway and actually has been going on since last year, with the effort increasing recently. In the meantime, as they search for a replacement CEO the OLPC organization has also be restructured and split into four internal units including technology, deployment, market development and fund-raising.

As of now, they may have some replacements in mind, but nothing has been made public just yet. Negroponte also went on to say that the organization needs to be managed “more like Microsoft.” With that it should be an interesting future for OLPC. They are expecting a replacement to be found, named and in place sometime around May of this year.

Read [Business Week] Via [Engadget]

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