Bill Gates, now Microsoft’s former CE, again, succeeding Ballmer this time around, takes on a newly created role as Microsoft’s Technology Adviser. Microsoft’s share moved up slightly as the announcement ends a long search for a new CE after Steve Ballmer announced his intention to retire back in early August. The move makes Satya Nadella the third chief executive of Microsoft in their nearly 40 year history as a technology leader, succeeding only the tech giants co-founder and Mr Ballmer. Mr Gates also proclaimed that his company could have no better person to lead Microsoft than Satya Nadella as he 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. See all the details of this massive transmissions here.
Microsoft stocks hold steady as Bill Gates steps down as Microsoft Chief Executive and Satya Nadella steps in as Microsoft new Chief Executive.