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Satya Nadella Is Microsoft’s New CEO

Microsoft has officially named Satya Nadella as CEO after news late last week that he had been selected. He was previously the Executive Vice President of the company’s Cloud and Enterprise group.

Nadella joined the company back in 1992, and now has become the third ever CEO.

“During this time of transformation, there is no better person to lead Microsoft than Satya Nadella,” said Bill Gates. “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.”

Gates will be taking on a new role on the Board as Founder and Technology Advisor. Microsoft says he’ll be devoting more of his time to the company, “shaping technology and product direction.”

John Thompson, lead independent director for the Board of Directors, will assume the role of Chairman of the Board.

“Satya is clearly the best person to lead Microsoft, and he has the unanimous support of our Board,” he said. “The Board took the thoughtful approach that our shareholders, customers, partners and employees expected and deserved.”

Board members now include Ballmer; Dina Dublon, former Chief Financial Officer of JPMorgan Chase; Gates; Maria M. Klawe, President of Harvey Mudd College; Stephen J. Luczo, Chairman and Chief Executive Officer of Seagate Technology PLC; David F. Marquardt, General Partner at August Capital; Nadella; Charles H. Noski, former Vice Chairman of Bank of America Corp.; Dr. Helmut Panke, former Chairman of the Board of Management at BMW Bayerische Motoren Werke AG; and Thompson, Chief Executive Officer of Virtual Instruments.

Nadella said, “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. 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.”

Outgoing CEO Steve Ballmer added, “Having worked with him for more than 20 years, I know that Satya is the right leader at the right time for Microsoft. 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.”

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