Steve Ballmer has officially stepped down from the Microsoft board of directors after resigning from the company six months back as CEO in February this year. Ballmer announced the exit from the Board via a letter to his successor Satya Nadella.
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Just as several reports had predicted, Satya Nadella is officially the new Microsoft CEO, succeeding Steve Ballmer as the tech giant’s third Chief Executive Officer. Having led several Microsoft divisions including the wealthy Enterprise and Cloud business, Satya Nadella becomes the insider CEO, after several reports of an outsider being considered as the next CEO. Bill Gates also announced that he will leaving the board Chairman position, leaving way for John Thompson to take over that post, which is seen as a move to appease investors of radically lesser influence from the Gates-Ballmer era. While we scour for more publicly available information, here’s an introductory video directly from Microsoft –
httpv://www.youtube.com/watch?v=T8JwNZBJ_wI
Continue reading “It’s official, Satya Nadella is the new Microsoft CEO”
The end to a long CEO search is getting near, as reports are piling up from the other side of the planet that Satya Nadella, a senior VP who heads the enterprise and cloud business at Microsoft, is all set to become the new third CEO, after his predecessors Bill Gates and Steve Ballmer. It’s been a long while since Ballmer announced his retirement from the CEO position, with pressure from investors mounting as Microsoft fumbled its mobile and tablet strategy, the two fastest growing consumer electronics markets. However, under the same leadership, Microsoft became a company with a diversified portfolio, with hit consumer products like Xbox and the fast growing enterprise products like Office 365, a key initiative by Satya Nadella. This might be one of the biggest reasons why the Board members are narrowing down on Nadella to be the next CEO, he is the moneymaker in Microsoft’s wealthy still-growing division.
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