Why it matters: Microsoft’s board has appointed CEO Satya Nadella to the role of board chair. In his new role, Nadella will lead efforts to set the agenda for the board. The move is significant as it marks the first time that the same person has held the position of chief executive and board chair since co-founder Bill Gates stepped down as CEO in January 2000.
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India born executive only the second person after Bill Gates to hold both posts. In a vote of confidence in its Indian American chief executive Satya Nadella, world’s largest software maker Microsoft has given him more power naming him as chairman too. Born in Hyderabad, Telangana, Nadella, 53, will be...
Hong Kong (CNN Business) — Satya Nadella is now even more powerful at Microsoft. The tech giant's CEO was named chairman of the board Wednesday, elevating his current role atop one of the world's most valuable companies. Nadella, who has served as chief executive since 2014, has helped transform the...
Microsoft on Wednesday named chief executive Satya Nadella as chair of its board, strengthening his grip on a pioneering US technology company he rejuvenated for a new age. Nadella was unanimously elected head of the Microsoft board of directors, where he will guide the agenda "leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks," the company said in a post.
Microsoft named CEO Satya Nadella as chairman of its board in a unanimous vote on Wednesday, marking the first time in two decades that the company’s chairman will also be its CEO. Microsoft scooped Nadella out of the company’s Cloud and Enterprise group in 2014 to step into the role...
Microsoft CEO Satya Nadella is now also the company's chair, becoming the first person since Bill Gates to hold both roles at the same time
Microsoft's board elected CEO Satya Nadella to be the company's chair on Wednesday. The last person to hold both positions at the same time was Bill Gates in 2000. Nadella has recently tried to distance himself from Gates' leadership style. See more stories on Insider's business page. Microsoft's board elected...
Satya Nadella replaced Steve Ballmer as Microsoft's CEO back in 2014 and since then, the company's stock price has skyrocketed from roughly $38 in February 2014 - when this transition occurred - to $257 right now. Now, Microsoft has announced that Nadella will assume a new role in addition to his current one, and will be the chairperson for its board of directors.
Microsoft CEO Satya Nadella has been appointed Chair of the company’s board. The company’s announcement states that Nadella was unanimously elected. He replaces John W. Thompson, who also faced no opposition to his shift into the role of lead independent director. Thompson therefore gets to lead Nadella’s performance evaluations and...
The tech giant Microsoft announced yesterday that its CEO Satya Nadella had been named chairman of the board. Microsoft Corporation (NASDAQ: MSFT) stock is trading today at around $258.06 (+0.26%) following the announcement that Chief executive officer Satya Nadella has been appointed as its new chairman, in place of John Thompson.
Microsoft on Wednesday named chief executive Satya Nadella as chair of its board, strengthening his grip on a pioneering US technology company he rejuvenated for a new age. Nadella was unanimously elected head of the Microsoft board of directors, where he will guide the agenda ‘leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks,’ the company said in a post.