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Microsoft CEO Satya Nadella steps in as company's Chairman too

Microsoft CEO Satya Nadella steps in  as companys Chairman too

San Francisco: Microsoft has elected CEO Satya Nadella as Chairman of the tech giant, a first in two decades when Microsoft's chairman will also be its CEO.

After Bill Gates, Microsoft elects it's CEO Satya Nadella as the new chairman of the tech giant.

Bill gates was the only other Chairman and CEO of Microsoft who stepped down as CEO in 2000 and Chairman in 2014.

Nadella will now 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, said the company said in a statement late on Wednesday.

Microsoft also unanimously elected John Thompson as it's lead independent director, a role he held previously from 2012 to 2014.

As lead independent director, Thompson will retain significant authority including providing input on behalf of the independent directors on board agendas, calling meetings of the independent directors, setting agendas for executive sessions, and leading performance evaluations of the CEO, Microsoft said.

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TAGS:Microsoft CEO Satya Nadella Bill Gates 
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