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Source: Microsoft board close to naming new C.E.O.

Jan 31, 2014, 5:15 AM EST
General view of the Microsoft Retail Store and Miami Heat Hall of Famer Alonzo Mourning host Xbox One Gaming Tournament at Dadeland Mall on November 23, 2024 in Miami, Florida.
AFP/Getty Images

Microsoft Corp is likely to appoint its cloud-computing head, Satya Nadella, as its next chief executive, a source familiar with the matter said on Thursday, as the board concludes a five-month search for a tech-savvy heavy-hitter to lead the world's largest software company. As part of the move, co-founder Bill Gates may step aside as chairman and be replaced by lead independent director John Thompson, said the source, speaking on condition of anonymity because the process is private. Gates would remain a director, the source added.

Background:

Microsoft board close to naming Nadella as new C.E.O.: source [Reuters]

Satya Nadella likely to be next Microsoft C.E.O.: Report [Times of India]