Microsoft names Chief Executive Officer Satya Nadella as Chairman

Microsoft on Wednesday named Chief Executive Officer Satya Nadella as the Chairman of the company, according to the media reports. 

Nadella who took over as CEO from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn, Nuance Communications and ZeniMax.

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Nadella is also known for changing Microsoft's Windows for smartphones approach and bringing greater capabilities to mobile operating systems controlled by tech giants Apple and Google. 

The company also said, Mr Thompson, who took over as chairman from Microsoft's co-founder Bill Gates in 2014, will serve as lead independent director now. 

As per the media reports, The top-level executive change comes just over a year after Bill Gates stepped down from the board, saying he would focus on philanthropic works of the Bill and Melinda Gates Foundation, one of the world's biggest charities.

As the company last month said, it conducted a probe into Mr.Gates involvement with an employee almost 20 years ago after it was told in 2019 as he had tried to start a romantic relationship with the person. 

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