Satya Nadella Is the New Microsoft CEO
In the past year, Xbox and its Entertainment Studios group has been building out its content lineup in an effort to compete with the likes of Netflix and Amazon. Now, the group, as well as the other divisions within the massive Microsoft umbrella, has a new top boss.
Microsoft’s third-ever CEO is Satya Nadella, a long-time executive at the company who will replace outgoing CEO Steve Ballmer.
Nadella has been at Microsoft since 1992, most recently serving as the EVP of the company’s Cloud and Enterprise group. During his time at Microsoft, Nadella led “major strategy and technical shifts” across Microsoft’s portfolio of products and services. Microsoft credits Nadella for the company’s move to the cloud, and the development of “one of the largest cloud infrastructures in the world,” which currently supports Xbox, Bing, Office, and other services.
Nadella’s appointment wasn’t unexpected, as he had been labeled the frontrunner for the job by the media in the past few weeks. The CEO position at Microsoft has been available ever since Ballmer announced plans to retire once a successor was named.
“The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster, and continue to transform,” said Nadella in a statement. “A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly.”
In addition to Nadella’s promotion, Microsoft is reshuffling its board of directors. Bill Gates, founder and up until now chairman of the board, will assume a new role on the board as founder and technology advisor. Microsoft says Gates will “devote more time” to the company and help Nadella shape its tech and product direction. Replacing Gates as chairman is John Thompson, the current lead independent director for the board. Thompson will keep his lead independent director title.Tags: Bill Gates, Exec Moves, Microsoft, Movers, Satya Nadella, Steve Ballmer, Xbox, Xbox Entertainment Studios