Microsoft names Nadella as CEO; Gates to be adviser
SEATTLE (REUTERS, AFP) - Microsoft Corp named Mr Satya Nadella as its next chief executive officer on Tuesday, ending a longer-than-expected search for a new leader after Mr Steve Ballmer announced his intention to retire in August.
Mr Nadella is only the third CEO in Microsoft's 39-year history, following co-founder Bill Gates and Mr Ballmer.
Microsoft also announced that Mr John Thompson, lead independent director, will succeed Mr Gates as chairman. Mr Gates will assume a new role as "technology adviser," the company said in a statement.
Mr Gates “will devote more time to the company” in his new role as the tech giant moves to transform itself amid a changing landscape in the world of computing, the company said.