Washington, Feb 4 IBNS | 10 months ago

IT major Microsoft Corporation on Tuesday named India-born Satya Nadella as its Chief Executive Officer (CEO).

"Microsoft Corp. today announced that its Board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately. Nadella previously held the position of Executive Vice President of Microsoft's Cloud and Enterprise group," the company said in a statement.

Microsoft also announced that its Founder and Member of the Board of Directors Bill Gates, previously Chairman of the Board of Directors, will assume a new role on the Board as Founder and Technology Advisor while John Thompson, lead independent director for the Board of Directors, will assume the role of Chairman of the Board of Directors and remain an independent director on the Board.

Speaking on Nadella, Gates said in a statement: "During this time of transformation, there is no better person to lead Microsoft than Satya Nadella."

"Satya is a proven leader with hard-core engineering skills, business vision and the ability to bring people together. His vision for how technology will be used and experienced around the world is exactly what Microsoft needs as the company enters its next chapter of expanded product innovation and growth." he said.

Since joining the company in 1992, Hyderabad-born Nadella has spearheaded major strategy and technical shifts across the company's portfolio of products and services, most notably the company's move to the cloud and the development of one of the largest cloud infrastructures in the world supporting Bing, Xbox, Office and other services.

During his tenure overseeing Microsoft's Server and Tools Business, the division outperformed the market and took share from competitors.

"Microsoft is one of those rare companies to have truly revolutionized the world through technology, and I couldn't be more honored to have been chosen to lead the company," Nadella said.

"The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster and continue to transform. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly," he said.

(Posted on 04-02-2014)

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