In February 2014, when Nadella was appointed CEO, Microsoft’s flagship Windows enterprise was weakening, and the corporate was combating its failures within the cell phone and web search markets. Nadella, who grew up in Hyderabad and joined Microsoft within the US in 1992, refocused the corporate round cloud computing and synthetic intelligence, and instilled a higher sense of possession amongst staff — strikes that paid off handsomely. The firm’s share value has risen almost 600% since 2014. And because the fourth quarter of 2018, Microsoft has ceaselessly been probably the most valued publicly listed firm on the earth, with Apple the one different contender for that spot.
On Nadella’s appointment as chairman, Microsoft mentioned in an announcement, “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 board’s review.”
Nadella, 53, succeeds John Thompson, a former CEO of Symantec who took over as chairman when Gates stepped down from that put up in 2014.
In December, in a submitting to the US inventory market regulator SEC, the board heaped reward on Nadella for the best way he navigated the corporate by the pandemic, and the way through which he had remodeled the corporate’s tradition. “During fiscal year 2020, Microsoft increased revenue by 14% year over year, while facing unprecedented constraints due to Covid-19 in the second half of the year. Under Mr Nadella’s leadership during 2020, many of Microsoft’s products achieved significant growth…,” it mentioned.
The board, the submitting mentioned, had requested Nadella to create extra give attention to the tradition of the organisation for fiscal yr 2020 and could be very happy with the outcomes that had been achieved. “Based on poll data, 95% of employees feel proud to work at Microsoft. The board credits Mr Nadella for his tremendous progress driving cultural change across the organisation,” it mentioned.
Nadella was born in Hyderabad. His mom was a Sanskrit lecturer and his father an IAS officer. He attended the Hyderabad Public School, and went on to do a Bachelor’s in electrical engineering from the Manipal Institute of Technology in Karnataka. He then went to the US to do a Master’s in pc science on the University of Wisconsin–Milwaukee.
He labored briefly with Sun Microsystems earlier than becoming a member of Microsoft in 1992.
Satya Nadella elevated as Microsoft chairman – Answer99
BENGALURU: Satya Nadella has been elevated as chairman of Microsoft, a recognition of how dramatically he has remodeled the world’s largest software program maker as chief government over the previous seven years. He will proceed to additionally maintain the CEO position. This makes it the primary time since 2000, when co-founder Bill Gates stepped down as CEO, that the identical particular person is holding each positions, demonstrating the corporate’s confidence in Nadella’s capability to take it into the longer term.