Microsoft has named Satya Nadella as its new CEO, while the company’s co-founder Bill Gates has stepped down as Chairman to assume a more hands-on advisor role than the position he has held for the last number of years.
Nadella, who was previously the executive vice president of Microsoft’s Cloud and Enterprise, will immediately take on the CEO role, while Gates will be more involved in product development.
Bill Gates stepped down from his day-to-day activities at Microsoft six years ago in order to pursue his philanthropy endeavors full-time through the Bill & Melinda Gates Foundation.
Microsoft has insisted that Gates has always remained a part of their key decision making, but with Gates resigning from his role as chairman of the board to take on a supposedly more hands-on position, it suggests a shake-up at Microsoft for the year ahead.
Gates will be spending a third of his time working with product groups and as he explained in a video made to announce the news, he will be “substantially increasing my time at the company”.
“During this time of transformation, there is no better person to lead Microsoft than Satya Nadella,” he also said of the new CEO during the announcement. Microsoft’s lead independent director and former Symantec chief executive, John Thompson will become Microsoft’s new chairman.
The Wall Street Journal had previously quoted Nadella as saying Gates should “spend more time on technology and strategy” in some kind of advisor role.
Microsoft’s board has been in a state of flux since the middle of last year when then CEO Steve Ballmer announced his intentions to step down and the company had not been too hasty in filling the role. Gates is believed to be an advocate of Nadella as the new CEO for some time, which would make the two a reputable duo in their new roles.