Software vendor Microsoft has named India-born Satya Nadella as its next chief executive officer on Tuesday.
Satya Nadella, who was born in Hyderabad, India, will replace Steve Ballmer, the outgoing CEO.
Steve Ballmer announced his intention to retire in August.
Nadella is only the third CEO in Microsoft’s 39-year history, following co-founder Bill Gates and Ballmer.
You may read: Steve Ballmer letter on Microsoft’s New CEO Satya Nadella
Microsoft also announced that John Thompson, lead independent director, will succeed Gates as chairman. Gates will assume a new role as technology advisor.
Microsoft in a statement said: “Twenty-two-year Microsoft veteran becomes the company’s third chief executive officer after building one of the largest cloud infrastructures in the world.”
Please read: First letter from Microsoft CEO Satya Nadella to employees
Earlier, Microsoft failed to bring in heads of Qualcomm, Ericsson, etc as the replacement for Steve Ballmer.
As Satya Nadella becomes the third CEO of Microsoft, he brings a relentless drive for innovation and a spirit of collaboration to his new role.
He joined Microsoft 22 years ago because he saw how clearly Microsoft empowers people to do magical things and ultimately make the world a better place.
Many companies, he says, “aspire to change the world. But very few have all the elements required: talent, resources and perseverance. Microsoft has proven that it has all three in abundance.”
