WASHINGTON : Microsoft Corporation has named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson.
On Wednesday, it announced that the independent directors of the board unanimously elected the Indian-origin Nadella.
According to The Verge, it is the first time in two decades that Microsoft’s chairman will also be its CEO, after the software giant’s co-founder Bill Gates originally stepped down as CEO in 2000.
Read More
- Apple’s new CEO John Ternus takes over from Tim Cook
- PhonePe launches UPI payments for feature phones, enables transactions without internet
- Meta agrees to payments of up to USD 18 billion under US teen safety settlement
- Here’s why Japanese firms are being so slow to use AI
- LG, Nvidia aim for 100,000 hours of humanoid robot training data by year-end
Also, Thompson, who took over as chairman from Bill Gates in 2014, will serve as lead independent director.
Nadella was appointed Microsoft CEO in 2014 after taking over the position from Steve Ballmer.
Nadella’s Twitter bio now reads as ‘Chairman and CEO of Microsoft Corporation’.
The recent change comes after Bill Gates officially left the Microsoft board entirely in 2020. (ANI)
Liked this story? We’ll send you more. Subscribe to TAS newsletter and get stories delivered to your inbox. Click to get started.
