Microsoft's Board of Directors has been searching for Steve Ballmer's replacement since August 23.
Board member John Thompson wrote in a blog post that there will not be any news about the company's new CEO until early next year.
"As you would expect, as this group has narrowed, we've done deeper research and investigation, including with the full board. We're moving ahead well, and I expect we'll complete our work in the early part of 2014," wrote Thompson.
Read more at CNET.