Microsoft has announced that its Board of Directors selected Satya Nadella as the company’s new Chief Executive Officer. He will assume the role of CEO and join the Board of Directors, effective immediately. Satya is a 22-year Microsoft veteran and most recently oversaw Microsoft’s Cloud and Enterprise group, one of the company’s fastest growing and most profitable businesses.

Bill Gates steps up to new role as Technology Advisor; John Thompson assumes role as Chairman of Board of Directors