Chairman & CEO: Satya Nadella gets top job at Microsoft

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Chairman & CEO: Satya Nadella gets top job at Microsoft   The story: Satya Nadella was unanimously elected as executive chairman of Mi...

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Chairman & CEO: Satya Nadella gets top job at Microsoft

 

  • The story: Satya Nadella was unanimously elected as executive chairman of Microsoft in June 2021, three decades after he joined the iconic software maker that has since transformed into a cloud computing giant under his watch. Today, Microsoft is the world’s second most valuable company after phone maker Apple. Nadella is only the second chief executive officer, after cofounder Bill Gates, to also serve as the chairman of the $143 billion global technology corporation.
  • Magic touch: The soft-spoken 54-year old, architect of Microsoft’s aggressive makeover into one of the world’s leading providers of cloud computing services under the Azure brand, has overseen the rise in the company’s market capitalisation by a whopping 600% to nearly $2 trillion, while revenues have nearly doubled from $77.85 billion in financial year 2013. Nadella replaced Steve Ballmer as CEO of the Seattle-headquartered giant in 2014, at the same time that Gates stepped down as chairman of the company's board to be replaced by John Thompson.
  • Many Indians: Nadella joins a long list of India-born executives who now occupy the chair at some of the world’s largest corporations. Fellow-Hyderabad native Shantanu Narayen, a friend and guide to Nadella, has been the CEO and chairman of Adobe since December 2007. Mastercard elevated its CEO Ajaypal Singh Banga as its chairman in January 2021. Arvind Krishna, IBM CEO was elevated as Chairman in December last year and Google CEO Sundar Pichai was elevated as CEO of Alphabet, the holding company in December 2019, after founder Larry Page stepped down.
  • History: Nadella took charge at Microsoft at a time when the personal computer-focused company was struggling to make the shift to a world of mobile-led computing and was steeped in corporate culture that accorded primacy to internal competitiveness. Nadella brought in fundamental changes by introducing a collaborative team culture while shifting the business focus from selling yearly software licences to the pay-as-you-rent model on the cloud. Microsoft has also moved to partner with arch rivals such as Apple that has helped install Office software on iPhones, the de facto device for enterprise users globally.

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PT's IAS Academy: Chairman & CEO: Satya Nadella gets top job at Microsoft
Chairman & CEO: Satya Nadella gets top job at Microsoft
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