Indian Satya Nadella is new Micosoft CEO. Founder Bill Gates quits chair function but remains in company’s board

Microsoft has appointed Indian Satya Nadella as company’s CEO and unveiled that founder Bill Gates will quit as chair of the board. (scroll down for VIDEOS with Nadella and Gates)

Satya Nadella worked at Microsoft for 22 years and was actively involved in the corporate business of the software company since 1992. In recent years, the “cloud and enterprise” department led by Nadella, was one of the most competitive divisions of Microsoft.

As head of the division “Could & Enterprise” Nadella, looks over the company’s software server and back-end technology for corporate clients. The Indian is responsible for a couple of cloud products, such as the search engine Bing, Office 365, Skype and Xbox Live. Before arriving at Microsoft, Satya Nadella worked for Sun Microsystems, which was acquired by Oracle.

Satya Nadella was appointed CEO in a period a major changes at Microsoft. He replaces Steve Ballmer, who revealed last August that he would quit as CEO. IT company’s business is experiencing challenging moments, as Windows sales are one of the priorities. Corporate earnings accounts for 2/3 of Microsoft global sales.

“During this time of transformation, there is no better person to lead Microsoft than Satya Nadella,” said Gates in statement (see VIDEO). “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.”

Microsoft announced that founder Bill Gates will collaborate intensively with Satya Nadella but from a technical adviser position. The role of Microsoft’s chairman, will be played by former Symantec CEO and current board member, John Thompson. Gates and Ballmer will remain in the governing board of the IT giant.

In October last year, three of the 20 largest Microsoft shareholders asked founder Bill Gates to step down as chief of the company’s board.

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In 2013 , Nadella was the 2nd best paid executive at Microsoft, claiming $ 7.7 million in salary, bonuses and stock grants. It appeared that chief operating officer Kevin Turner was the only one who earned more. Microsoft has not yet announced the new salary offered to Nadella as CEO.

About Satya Nadella
Nadella was born in 1967 in the Indian province of Tamil Nadu, and graduated in electronics and communications at the University of Manipal. He earned subsequently a doctorate in Bangalore, India’s IT center. After relocating in the U.S. he worked at Sun Microsystems and moved to Microsoft in 1992 working there ever since.

In comparison to Steve Ballmer, who is very temperamental, howl, raises his voice and even weep in public appearances, Nadella is more calm. Also the background of the two are different: Ballmer is a businessman, Nadella an engineer.

Video: Interview Satya Nadella, the new Microsoft CEO

Bill Gates wishes good luck to Satya Nadella as Microsoft Chief Executive Officer