India-born Satya Nadella is new Microsoft CEO
Nadella is the third CEO of Microsoft after Bill Gates & Steve Ballmer. He had joined Microsoft 22 years ago. Prior to this, he was Executive VP of Microsoft's Cloud & Enterprise group
Satya Nadella has been made the third CEO of Microsoft. He had joined Microsoft 22 years ago. On his appointment, Nadella said that he is both “honoured and humbled” to succeed Bill Gates and Steve Ballmer as the third CEO of Microsoft. He had previously held the position of Executive Vice President of Microsoft’s Cloud and Enterprise group.
“Our industry does not respect tradition - it only respects innovation,” he said, adding, “The opportunity ahead for Microsoft is vast, but to seize it, we must move faster, focus and continue to transform. I see a big part of my job as accelerating our ability to bring innovative products to our customers more quickly.”
Commenting 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. He 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.”
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.
“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 had announced on August 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.”
Meanwhile, Microsoft also announced that Bill Gates, previously Chairman of the Board of Directors, will assume a new role on the Board as Founder and Technology Advisor, and will devote more time to the company, supporting Nadella in shaping technology and product direction. 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.
With the addition of Nadella, Microsoft’s Board of Directors consists of 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. Seven of the 10 board members are independent of Microsoft, which is consistent with the requirement in the company’s governance guidelines that a substantial majority be independent.
Nadella, 46, was born in Hyderabad, India. He got a Bachelor’s degree in Electrical Engineering from Mangalore University in India. He went on to earn a Master’s degree in Computer Science from the University of Wisconsin – Milwaukee, then a Master’s degree in Business Administration from the University of Chicago. He started his career as a member of the technology staff at Sun Microsystems.
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