Microsoft announced this morning that Satya Nadella will serve as its third chief executive.
Various reports over the past week pegged Nadella, Microsoft’s former cloud and enterprise head, as the leading candidate to replace Steve Ballmer when heretires later this year. Nadella’s appointment makes it clear that cloud services will play a big role in Microsoft’s future.
Microsoft also announced that founder Bill Gates will step down as chairman of the board and take on a new technology adviser role to “devote more time to the company.” John Thompson, who led the new CEO search, will take up the mantle as chairman of the board.
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