Report: Microsoft Set To Reveal Nadella As New CEO
A recent report is suggesting that Microsoft is close to appointing Satya Nadella as the software giant’s new chief executive.
Nadella is the current head of Microsoft’s cloud computing division and enterprise business, and is tipped to replace the company’s longstanding CEO Steve Ballmer. Furthermore, according to the rumour, he may even replace co-founder Bill Gates as Microsoft chairman.
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According to Bloomberg, Bill Gates’s possible resignation from the chairman position would not necessarily mean that his impact on Microsoft will disappear.
The article reads: “Even if Gates steps down as chairman, he may be more involved in the company, said two people familiar with the matter”.
Microsoft is currently approaching its 39th anniversary, and has been at the leadership of Gates and Ballmer throughout the company’s lifetime. Microsoft has spent around five months in search of a new chief executive, and recently stated that the appointment will be announced in “early 2014”.
In other business and financial news, Microsoft reported in January a net income of of $6.5 billion (£3.9 bn) for the quarter, which outperformed prior expectations.
Nadella, aged 47, became a part of Microsoft in 1992 and presently manages one of the fastest growing sectors within the company. According to Microsoft, the company’s commercial cloud services have produced double the revenue that they generated a year ago.
In July last year, Microsoft restructured its divisions and hired Julie Larson-Green as its head of the Devices and Studios Engineering Group, which manages the Xbox executive team.