Microsoft CEO Satya Nadella named chairman of the board
Summary
The change reflects the success Nadella has had in the past seven years making Microsoft more prominent in technology and business altogether. "In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the boards review," Microsoft said in a statement. "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," Microsoft said. The move came a year after Bill Gates, a co-founder of Microsoft and its first CEO, left the companys board. WATCH: Microsoft, Nuance CEOs on $16B deal, cloud strategy, health-care AI solutions and more
