Meet Microsoft’s New CEO, Satya Nadella
There’s a new CEO in town: Satya Nadella has been officially named the new head of Microsoft, succeeding Steve Ballmer who held the position for 13 years. Ballmer announced his retirement last summer. Nadella is only the third CEO in the 39-year history of the tech giant. Nadella has been working with Microsoft for 22 years.
Microsoft has been struggling of late with the shifts in technology, particularly as more has been happening in mobile and online. “Ballmer’s biggest failure is his lack of vision. He showed a lot of fear and derision of any new, emerging product categories,” Mark Rolston, founder of argodesign told USA Today. Nadella is taking the top spot in the wake of the lackluster launch of Windows 8.
Nadella is moving up from his position leading the team that develops cloud computing products, clearly a strategic move.
“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,” Bill Gates said in a statement.
Speaking of Bill Gates, he’s also stepping down as chairman of the board, replaced by board member John Thompson. Gates will continue on as a board member, founder and technology advisor. He and Ballmer are also the company’s biggest shareholders.
Right now, according to the AP, Microsoft’s software service, Azure, which is purchased as an annual subscription, is seen as the big upcoming moneymaker for the company. He’ll also be in charge of turning things around with Nokia, the handheld mobile business that’s currently losing money.
Fox News has the content of the first email that Nadella sent to employees. Read it here.