Microsoft reportedly has chosen its new CEO, and may also replace Bill Gates as chairman

Microsoft reportedly has chosen its new CEO, and may also replace Bill Gates as chairman
The search has been long, a bit over five months now, but reports are saying that Microsoft might be close to naming its new CEO. There were plenty of rumored names for the position since current CEO Steve Ballmer announced that he would be stepping down, not least of which was Stephen Elop, who some thought had the inside track following Microsoft's purchase of Nokia. But, new reports are saying the choice will actually be Satya Nadella.

Nadella is currently the executive vice president of Microsoft’s Cloud and Enterprise group. Nadella apparently has been chosen for a number of reasons, not least of which is his experience inside Microsoft where he has worked since 1992. Sources are saying that Nadella became the frontrunner for the position weeks ago, but his selection isn't 100% certain. Microsoft's executive VP of Business, Tony Bates, and Nokia chief Stephen Elop are reportedly still technically in the running, but neither has much chance in the race. 

Quartz happened to interview Nadella just last month in December, and learned that his vision for Microsoft is one that is heavily focused on "devices and services" which is to say hardware and the cloud. Nadella understands the hugely powerful disruptive force of the cloud, and he thinks Microsoft has a solid base for competing in that space where Google and Amazon are the current leaders.

The official announcement may happen within the next week, at which point we should learn more about the details of the succession plan. Steve Ballmer has said that he would be retiring no later than August, but it seems likely that the transition would be made sooner than that. 

Another interesting bit of news is that Microsoft may also be discussing replacing Bill Gates as chairman of the board. There is already a pre-set plan in place which would leave Gates with no financial stake in Microsoft by 2018, but insiders at Microsoft may want to speed up that plan. Although, even if Gates is replaced as chairman, he would likely still remain active in the company. One name being floated as a possible replacement as chairman is John Thompson who is the former chairman and CEO of Symantec Corp, and joined the Microsoft board in 2012.

source: Bloomberg & Quartz

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24 Comments

1. aranauser

Posts: 58; Member since: Jan 07, 2014

Indians must be proud

3. Felix_Gatto

Posts: 942; Member since: Jul 03, 2013

What a racial fanaticism.

4. Felix_Gatto

Posts: 942; Member since: Jul 03, 2013

Similiar to Nazism I think.

11. YuLeven

Posts: 50; Member since: May 14, 2013

Indeed, Felix. I have a hard time trying to understand the twisted mentality of people that are in some way proud because of someone who was born inside the same imaginary borders or belongs to the same cultural group and became famous / did something good / earned a lot of money.

12. NokiaFTW

Posts: 2072; Member since: Oct 24, 2012

I'd like to see the same mentality from you when an American-Indian does something not so good.

17. Finalflash

Posts: 4063; Member since: Jul 23, 2013

Lol nice retort.

13. NokiaFTW

Posts: 2072; Member since: Oct 24, 2012

I'd like to see the same mentality from you when an American-Indian does something not so good.

8. nokia12

Posts: 610; Member since: Nov 19, 2013

yes its a great thing for us as an Indian.. first Pepsi now Microsoft hopefully nokia as well ( rajiv suri ) kudos to these people

10. NokiaFTW

Posts: 2072; Member since: Oct 24, 2012

Don't forget Citigroup and Unilever :D

14. Gaurav008

Posts: 328; Member since: Jul 20, 2012

Don't forget Sundar Pichai. :D

15. amozhi

Posts: 131; Member since: Oct 23, 2012

Why proud? I don't understand the reason to be proud. He did not founded the Microsoft...but he is succeding as one of the executives in the queue...If he iron out Microsoft problems then any one can be proud of him not only by Indians...

2. papss unregistered

Hell I love this move tbh if true.

6. akki20892

Posts: 3902; Member since: Feb 04, 2013

so what will happen with gates. is he still going to remain owner?

7. MichaelHeller

Posts: 2734; Member since: May 26, 2011

The pre-set plan has Gates gradually selling off his shares. As stated in the article, Gates will no longer own any of Microsoft by 2018.

9. kaikuheadhunterz

Posts: 1157; Member since: Jul 18, 2013

That's kinda sad. Imagine not owning what you created (Or did I miss lots of information?)

23. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Bill Gate is a person that i have great respect because he evoke into a better person. Not only financially but spiritually as a person.

5. tasior

Posts: 265; Member since: Nov 04, 2012

The era of computer legends comes to an end. No more Jobs, no more Gates. Now, the true challenge for those companies. Will they become like IBM (industructable, lasting for generations), or like thousands of others, collapse, after their creators are gone...

18. Finalflash

Posts: 4063; Member since: Jul 23, 2013

Probably not like IBM, because they're chasing consumers and consumers are fickle as hell. IBM went the long term and high end research route, which neither Apple nor MS are going after or have plans for. They have some kind of enterprise presence but largely chase the ever changing minds of consumer electronics and that will likely be their downfall.

19. tasior

Posts: 265; Member since: Nov 04, 2012

Curious. I was under impression, that main clients, and profits for microsoft is the enterprise bussiness... The whole mobile industry is more of a hobby for them (e.g. the budget for development of WP is mainly from licensing fees from Android)... Every company history is unique. I only mentioned IBM, because it's one of the oldest computer companies, that survived many difficulties and lasted generations.

16. crazymonkey05

Posts: 189; Member since: Nov 20, 2012

This is like when Steve jobs got fired for being CEO of apple that's so sad how you can be fired from a company you created

20. rodneyej1

Posts: 3576; Member since: Jul 06, 2013

Change is good... Either way, WP is going to just get better, and better thanks to the WP software, and hardware teams in place... Otherwise known as Microkia........

21. Edmund

Posts: 656; Member since: Jul 13, 2012

Elop will be announced the next CEO of Microsoft. Mr Satya just doesn't have enough of an insight into the consumer market to successfully grow Microsoft. In my honest opinion, IT guys make terrible CEO's and this one is an engineer through and through. Stephen renounced his executive position (as CEO) at Nokia on September 03, 2013 and I'm guessing MS will make an official announcement on Monday

22. tasior

Posts: 265; Member since: Nov 04, 2012

Well, Elop in past two years prooved, that he has absolute zero insight into the consumer market. I doubt, that the man, whos greatest achievement, is to put the biggest phone company in the world to its knees, will be chosen as the CEO of the biggest software company... Wonder how this would turn out to be...

24. deewinc

Posts: 455; Member since: Feb 21, 2013

When Obama became a Senator in the U.S, Kenyans were celebrating all over and now that he is the President, we are still overwhelmed. Keep in mind that he was not born in Kenya. Heey fellow Indians, just ignore the cohorts who find your joy and delight on Indians who are being trusted to lead huge organizations with global entities as despicable. They can go to hell. If you do not understand why it makes the natives happy is because; it serves as motivation to the young and ambitious citizens aspiring to be successful in future. In simple terms, "If they have made it, I can make it too!"

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