SOFTWARE HOUSE Microsoft has announced Satya Nadella as its new CEO.
As rumours had suggested, Satya Nadella will take over from Steve Ballmer as the next head of Microsoft. Nadella, who was previously executive VP of Microsoft’s Cloud and Enterprise group, will take the reins at Microsoft immediately.
Nadella said, "Microsoft is one of those rare companies to have truly revolutionised the world through technology, and I couldn’t be more honoured to have been chosen to lead the company.
"The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster and continue to transform. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly."
Ballmer, who will retire now a successor has been named, said in a statement on Tuesday, "Having worked with him for more than 20 years, I know that Satya is the right leader at the right time for Microsoft.
"I’ve had the distinct privilege of working with the most talented employees and senior leadership team in the industry, and I know their passion and hunger for greatness will only grow stronger under Satya’s leadership.”
Microsoft also announced that Bill Gates, previously chairman of the Board of Directors, will assume a new role on the Microsoft board as founder and technology advisor. This, according to speculation, will see Gates taking a more hands-on role at the company, working on the firm's future device line-up.
Gates said in a statement, "During this time of transformation, there is no better person to lead Microsoft than Satya Nadella.
"Satya is a proven leader with hard-core engineering skills, business vision and the ability to bring people together. His vision for how technology will be used and experienced around the world is exactly what Microsoft needs as the company enters its next chapter of expanded product innovation and growth."
Satya has a tough job ahead of him. Microsoft is currently facing a declining PC market, a Windows 8.1 backlash and juggling tough Xbox One competition from the PS4 on the games console front. µ