Microsoft announced today that it has appointed company veteran Satya Nadella as Chief Executive Officer to replace retiring Steve Ballmer. Nadella, who previously served as executive vice president of the company's Cloud and Enterprise group, will take over as CEO and join the Board of Directors effective immediately.
Gates will work three days each week at Microsoft and will remain actively involved in the Bill & Melinda Gates Foundation, reports Re/code.Microsoft also announced that Bill Gates, previously Chairman of the Board of Directors, will assume a new role on the Board as Founder and Technology Advisor, and will devote more time to the company, supporting Nadella in shaping technology and product direction.
Article Link: Satya Nadella Appointed Microsoft CEO as Bill Gates Shifts from Chairman to 'Technology Advisor'