Microsoft
Corp. has announced the appointment of Satya Nadell, a 22 year old Microsoft veteran as Chief Executive Officer
and member of the Board of Directors .
Nadella,
who was appointed the company’s CEO by its Board of Directors previously held
the position of Executive Vice President of Microsoft’s Cloud and Enterprise
group.
Bill
Gates, who was the former CEO of Microsoft before the appointment of Nadella;
steps up to new role as Technology Advisor while John Thompson assumes role as
Chairman of Board of Directors.
Gates
will devote more time to the company, supporting Nadella in shaping technology
and product direction.
Speaking
on Nadella’s appointment, Bill Gates – Microsoft’s Founder and Member of the
Board of Directors said “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 added.
Since
joining the company in 1992, 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.
He
added that “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.”
“Having
worked with him for more than 20 years, I know that Satya is the right leader
at the right time for Microsoft,” said Steve Ballmer, who announced on Aug. 23,
2013 that he would retire once a successor was named.
“I’ve
had the distinct privilege of working with the most talented employees and
senior leadership team in the industry, and I know their passion and hunger for
greatness will only grow stronger under Satya’s leadership.”
“Satya
is clearly the best person to lead Microsoft, and he has the unanimous support
of our Board,” Thompson said. “The Board took the thoughtful approach that our
shareholders, customers, partners and employees expected and deserved.”
Founded
in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software,
services and solutions that help people and businesses realize their full
potential.
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