Microsoft CEO Satya Nadella elected Chairman of the Board of Directors – Corporate – News

Microsoft said on Wednesday it had made changes to its board of directors. It was a pretty big change, as a new chairman of the board was announced. The independent directors of Microsoft’s board of directors unanimously elected none other than the current CEO, Satya Nadella, to chair the board. Nadella will replace John W. Thompson, as chairman of the board, who now becomes the principal independent director of the company, a role he previously held from 2012 to 2014. Nadella became the third chairman of the company. Microsoft history (Bill Gates had the role before Thompson).

John W. Thompson, Satya Nadella, Bill Gates, Steve Ballmer – pictured when Nadella became CEO in 2014.

You may be wondering how important the change is. Microsoft’s press release explains Nadella’s duties as chair of the board as follows: “Nadella will lead the work to set the board’s agenda, building on her deep understanding to elevate the right strategic opportunities and identify key risks and mitigation approaches for board review. He goes on to say that Thompson will “retain significant authority” and that his input will be invaluable, which even includes CEO performance reviews.

Part of the reason behind the above changes could have a lot to do with the life plans of the respective applicants. Nadella, 53, has been in discussions with Thomson, 72, about these roles since last fall, reports the Seattle Times. In addition, Thomson has reduced the workload of its president in recent years.

It’s clear that Nadella’s influence within the world’s largest software company has been strengthened by this change. It looks like Microsoft’s board and shareholders are happy with Nadella’s performance as CEO since 2014. It came about as a result of the failure of Windows Mobile, and Windows computing seemed to be in good shape as well. decline at the time – thanks to the rise of mobiles, tablets, Chromebooks, etc. However, it looks like Nadella has helped turn things around by increasing Microsoft’s influence in cloud and AI, while re-energizing Windows and Office, and cultivating the line of high-end Surface devices and accessories. At E3 2021, we saw that Microsoft’s gaming strategy also seemed to be paying off – with plenty of top developers in its stables and making the Xbox Games Pass easy almost everywhere.

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