And that’s a wrap! Microsoft today ended months and months of speculation when it officially named Satya Nadella as its new chief executive officer. Nadella has been a Microsoft employee for the past 22 years and most recently served as the company’s executive vice president of cloud and enterprise.
“The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster and continue to transform,” Nadella said Tuesday. “A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly.”
Outgoing CEO Steve Ballmer sent a letter to Microsoft employees in which he praised Nadella’s technical skills and “great business insights. “I have worked closely with Satya for many years and I have seen these skills many times,” Ballmer said. “He is not alone, though. Our Senior Leadership Team has never been stronger, and together this group will drive us forward.”
Meanwhile, Bill Gates is stepping down from his roll as the chairman of the board of directors. He will now serve on the board as Founder and Technology advisor and will work closely with Nadella. John Thompson will take over the chairman role as expected.