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India-born Satya Nadella is new Chairman of Bill Gates' Microsoft
Hailing from Hyderabad, India, Satya Nadella was unanimously elected Chairman of Microsoft by the company's Board of Directors on Wednesday, acknowledging the magnitude of his contributions in developing new technologies. He will continue as CEO also like co-founder Bill Gates did till year 2000. Nadella takes over from John Thompson, who will be back in his old job as independent director, in an advisory role.

REDMOND (Washington State), June 17: India-born Satya Nadella, 53, is the new Chairman of the software giant Microsoft Corp. He was unanimously elected Chairman by the company's Board on Wednesday. Succeeding John Thompson, 72, who will be back as lead independent director, the position he held till 2014 when Bill Gates, the co-founder of the company, handed over the Chairman's mantle to him. Nadella will also continue in his present position as the CEO, like Bill Gates till the year 2000.

Nadella who became the company's third CEO in 2014, is now the third Chairman also after Gates and Thompson.

A CEO manages the overall corporate operations while a Chairman liaisons between the board of directors and the corporate affairs. In Microsoft, earlier Bill Gates was the Chairman as well as the CEO, till 2000. That style of functioning is back now in the software giant.

Since Gates stepped down as CEO of Microsoft in 2000, the positions of CEO and Chairman were bifurcated. Nadella took over as CEO in 2014 from Steve Ballmer. Thompson took over as Chairman from Bill Gates same year.

The company's shares have soared under Nadella's leadership. He spearheaded cloud computing, mobile applications and artificial intelligence. “The board credits Mr. Nadella for his tremendous progress driving cultural change across the organization, especially given the unprecedented impact of Covid-19 on our business and our people,” a Microsoft statement said.

Nadella joined Microsoft in 1992. "Recently, he was executive vice president of Microsoft’s Cloud and Enterprise group. In this role he led the transformation to the cloud infrastructure and services business, which outperformed the market and took share from competition. Previously, Nadella led R&D for the Online Services Division and was vice president of the Microsoft Business Division," the company said.

Before joining Microsoft, Nadella was at Sun Microsystems.

Hailing from Hyderabad, India, Nadella lives in Bellevue, Washington State. He has a bachelor’s degree in electrical engineering from Manipal University, a Master’s degree in computer science from the University of Wisconsin, Milwaukee, and a Master’s degree in business administration from the University of Chicago.

He is married and has three children.

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