Microsoft Corp. (Microsoft Corp.) CEO Satya Nadella will now be its chairman. Indian-origin Nadella will replace current chairman John Thomson. Nadella became the CEO of Microsoft in 2014. Under Nadella’s leadership, Microsoft has acquired big companies like LinkedIn, Nuance Communications and ZeniMax. The company’s business has grown tremendously under his leadership.
This big change happened after Bill Gates left the board
Microsoft has said that the current chairman will now serve as an independent director of the company. He took over in 2014 after Microsoft co-founder Bill Gates stepped down as chairman. This change is being seen at the top level in the company only a year after Bill Gates stepped down from the board. Bill Gates left the board saying that he would now focus on the philanthropy work of the Bill and Melinda Gates Foundation. The Bill and Melinda Gates Foundation is one of the largest charity organizations in the world.
Bill Gates left the board due to relationship dispute?
Microsoft said last month that it had investigated Bill Gates’ 20-year-old relationship with an employee of the company. In 2019, the company was told that Bill Gates had started trying to have a romantic relationship with that employee. When Microsoft was asked whether it had asked Gates to leave the board for the same reason. But Microsoft did not respond to this. Microsoft has recently decided to pay a quarterly dividend of 56 cents per share.
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Satya Nadella’s illustrious career
Satya Nadella was born in the year 1967 in Hyderabad, India. After graduating from Hyderabad Public School, he took a degree in Electrical Engineering from Manipal Institute of Technology in the year 1988. After this he went to America to do MS in Computer Science. Then he did his MBA from the Booth School of Business in Chicago in 1996. In 2014, he was made the CEO of Microsoft.